ZIMI LIMITED — Capital/Financing Update 2013

Dec 11, 2013

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WHL Energy Ltd ABN: 25 113 326 524 Level 2, 22 Delhi Street West Perth, WA 6005 P.O. Box 1042, West Perth Western Australia 6872 T: +61 8 6500 0271 F: +61 8 9321 5212 www.whlenergy.com

ASX/MEDIA RELEASE 12 December 2013

SHARE PURCHASE PLAN CLOSED

Australian energy company WHL Energy Limited ( ASX: WHN ) (“ WHL Energy ” or “ the Company ”) is pleased to announce that the Company’s Share Purchase plan (SPP) closed on Tuesday 10 December 2013 with subscriptions for 64,790,827 ordinary shares.

The Company has instructed its share registry to allot and issue the SPP shares with the issue raising a total of $712,700, including an application from the Managing Director. Following the issue of these shares the Company will have 1,534,908,507 shares on issue.

WHL Energy Managing Director, David Rowbottam, said: “Given the level of uncertainty in the broader market, the Directors are pleased with the level of support received from shareholders and I would like to take this opportunity to thank our shareholders for their continuing support.”

“WHL Energy is excited about the activities scheduled for the near future with the La Bella 3D seismic survey almost complete and the data processing about to get underway, so it is heartening to see shareholders show their endorsement of the Company’s strategic direction by so enthusiastically taking up the placement offered through the SPP.”

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FURTHER INFORMATION Shareholders/Investors: David Rowbottam WHL Energy Ltd T: +61 8 6500 0277 E: contact@whlenergy.com

Media contact: Colin Hay Professional Public Relations T: +61 8 9388 0944 E: colin.hay@ppr.com.au

About WHL Energy Limited

ASX-listed WHL Energy Ltd (ASX: WHN) is an oil and gas exploration Company focussed on East Africa and Australia.

WHL Energy holds a 17,345 km[2] exploration area offshore Seychelles, at 100% equity. A world class exploration portfolio and new exploration concepts are being matured in the acreage. In-depth work by WHL Energy has to date identified an initial inventory containing ten, 200 million barrel plus potential targets, which is being expanded to quantify the potential in emerging concept areas.

Further work to develop the leads and targets may include 3D seismic acquisition and geological studies, followed by drilling.

Most structures identified to date are in < 50 m water with drilling targets at < 2000m depth, allowing for low cost drilling with a jack up rig.

WHL Energy also holds 40% equity in Exploration Permit VIC/P67 in the offshore Otway Basin, approximately 200 km WSW of Melbourne off the Victorian coastline. VIC/P67 contains the undeveloped La Bella gas field in proximity to the Victorian gas market, and several nearby exploration prospects.

The Company in addition holds 33.33% equity in exploration permit WA-460-P, in the offshore Southern Carnarvon Basin, which contains an extension of the very large Palta Prospect. A Shell led Joint Venture has recently drilled the Palta-1 well in the adjacent block; the data surrounding the result of this well is expected to be made public in 2015.

The Company is also actively investigating growth opportunities in the wider East African region.