Notification of Consolidation/Split

Notification of Consolidation/Split

Announcement Summary

Entity name

MARION ENERGY LIMITED

Applicable security for the reorganisation

MAE ORDINARY FULLY PAID

MAEAI OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

MAEO OPTION EXPIRING 19-OCT-2015

Announcement Type

New Announcement

Date of this announcement

Tuesday September 1, 2015

Reorganisation type

Security consolidation

Effective Date

Friday October 2, 2015

Record Date

Wednesday October 7, 2015

Issue Date

Wednesday October 14, 2015

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity

MARION ENERGY LIMITED

1.2 *Registered Number Type

ACN

Registration Number

000031292

1.3 *ASX issuer code

MAE

1.4 *The announcement is

New announcement

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Notification of Consolidation/Split

1.5 *Date of this announcement

Tuesday September 1, 2015

1.6 *Securities affected by the reorganisation

MAE ORDINARY FULLY PAID

MAEAI OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

MAEO OPTION EXPIRING 19-OCT-2015

Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required to be given/met before business day
0 of the timetable for the reorganisation.

Yes

2.2 Approvals

Part 3 - Reorganisation timetable and details

3.1 *+Record date

Wednesday October 7, 2015

3.2 Date of +security holder meeting

Wednesday September 30, 2015

3.3 Last day for trading in the pre-re-organised +securities

Thursday October 1, 2015

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no
+deferred settlement trading however ASX still captures this date.

Friday October 2, 2015

3.5 Record date

Wednesday October 7, 2015

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Notification of Consolidation/Split

3.6 First day for +entity to send notices to +security holders of the change in the number of
+securities they hold. First day for +entity to register +securities on a post-reorganised basis

Thursday October 8, 2015

3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to
+security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis

Wednesday October 14, 2015

3.8 Trading starts on a normal T+3 basis

Thursday October 15, 2015

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis

Tuesday October 20, 2015

Part 4 - Reorganisation type and details

4.1 *The reorganisation is

+Security consolidation

4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every

100

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).
4.2 *Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

5.1 *+Securities on issue before and after the reorganisation

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Notification of Consolidation/Split

5.2 *Exercise price of options

Part 6 - Further information

6.1 Further information relating to the reorganisation
6.2 Additional information for inclusion in the Announcement Summary

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