2014 AGM Results

5 November 2014
Cooper Energy Limited's (ASX: COE) Annual General Meeting was held today. As required by ASX Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act, the proxies received by the Company, together with the results of the poll held at the meeting, are set out below:

Financial Reports

The Annual Financial Report, Directors' Report, and the Auditor's Report were received and considered at the AGM.

Resolution 1 - Adoption of the Remuneration Report (non-binding resolution)

'That for the purpose of section 250R(2) of the Corporations Act and for all other purposes, the Remuneration Report for Cooper Energy Limited (which is contained in the Directors' Report) for the financial year ended 30 June 2014 be adopted.'
Details of proxies received were:

The poll results were:

The resolution was carried as an ordinary resolution.

Resolution 2 - Re-election of Mr Hector Gordon as a Director

'That Mr Hector Gordon, a director who retires by rotation in accordance with clause 5.1 of the
Constitution and who offers himself for election, is re-elected as a director of the Company.'
Details of proxies received were:

Cooper Energy Limited Level 10, 60 Waymouth Street Phone: +61 8 8100 4900 [email protected] 1

ABN 93 096 170 295 Adelaide, South Australia 5000 Fax +61 8 8100 4997 www.cooperenergy.com.au

ASX: COE GPO Box 1819, Adelaide SA 5001

The poll results were:

The resolution was carried as an ordinary resolution.

Resolution 3 - Increase in the Aggregate Annual Non-Executive Directors' Remuneration

'That, for the purpose of clause 38 of the Constitution, ASX Listing Rule 10.17 and for all other purposes, the maximum aggregate amount of remuneration payable to all non-executive directors in any year be increased from $450,000 to $750,000.'
Details of proxies received were:

The poll results were:

The resolution was carried as an ordinary resolution.

Resolution 4 - Amendment to Performance Rights Plan

'That for the purpose of ASX Listing Rule 7.2 Exception 9(b) and for all other purposes, the Company's amended employee performance rights plan (as summarised in the Explanatory Notes), and the grant of rights and issues of shares under that plan be approved.'
Details of proxies received were:

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The poll results were:

The resolution was not carried as an ordinary resolution.
The consequence of this vote is that the amendments to the Company's employee performance rights plan were not approved for the purpose of ASX Listing Rule 7.2 Exception 9(b) (or for all other purposes) and the terms of the current plan will continue to apply.

Resolution 5 - Issue of Performance Rights to Mr David Maxwell, Managing

Director

'That, for the purpose of ASX Listing Rule 10.14 and for all other purposes, the issue to Mr David Maxwell of performance rights pursuant to the Company's employee performance rights plan as described in the Explanatory Notes, be approved.'
Details of proxies received were:

The poll results were:

The resolution was carried as an ordinary resolution.

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Resolution 6 - Issue of Performance Rights to Mr Hector Gordon, Executive

Director

'That, for the purpose of Listing Rule 10.14 and for all other purposes, the issue to Mr Hector Gordon of performance rights pursuant to the Company's employee performance rights plan as described in the Explanatory Notes, be approved.'
Details of proxies received were:

The poll results were:

The resolution was carried as an ordinary resolution.

About Cooper Energy Limited ("Cooper")

Since listing on the ASX in 2002, Cooper has built a portfolio of near term low risk development and appraisal projects as well as high impact exploration prospects. Cooper currently benefits from approximately 500,000 barrels of oil production per year from the Cooper Basin, South Australia, with approximately 350 barrels of oil per day gross production from its Sukananti KSO in Indonesia. Cooper also has prospective exploration licenses in Australia (Cooper, Otway and Gippsland Basins), Tunisia and Indonesia. Cooper enjoys a solid balance sheet, good production earnings, and has a clear strategy to enhance shareholder return.

www.cooperenergy.com.au

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