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ZIMI LIMITED Major Shareholding Notification 2012

Feb 12, 2012

66122_rns_2012-02-12_ec3fbe05-5b55-4a50-8a05-df14de5cdb88.pdf

Major Shareholding Notification

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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

13 February 2012

The Manager Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Release of Securities from Voluntary Escrow

In accordance with ASX Listing Rule 3.10A, WHL Energy Limited ( ASX: WHN ) (“ WHL Energy ”) announces the release of 75,000,000 ordinary shares from voluntary escrow arrangements effective from 28 February 2012.

These shares were issued as part of the acquisition of WHL Energy’s oil and gas exploration interests in the shallow water area off the southern Seychelles coast via the acquisition of 100% of Indian Ocean Petroleum Holdings Pty Ltd (formerly SEYCO Energy Pty Ltd) and its wholly owned subsidiary Petroquest International Inc. in February 2011.

Yours faithfully WHL Energy Limited

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Matthew Edmondson Company Secretary T: +61 8 6500 0235 E:[email protected]

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About WHL Energy Limited

ASX-listed WHL Energy Ltd (ASX: WHN) is an oil and gas exploration company.

The Company’s “flagship” project is its very large offshore Seychelles oil and gas exploration interests. This 21,426km[2] exploration holding is considered prospective for potentially very large hydrocarbon targets, and WHL Energy is currently undertaking further work to gain a higher understanding of that potential as it progresses the Seychelles oil and gas assets towards farm-out and drilling.