5 January 2015
Companies Announcement Office
ASX Limited
20 Bridge Street
Sydney NSW 2000

Extension of Closing Date for Rights Issue

I refer to the recently announced pro-rata entitlement offer of 1 new share for every 10 existing shares held by eligible shareholders on 4 December 2014 (Record Date) at an issue price of $0.03 per new share.
Great Western Exploration Limited announces that it has extended the closing date of its non-renounceable rights issue to 23 January 2015.
As a result the timetable for the rights issue will now be as follows:

Event Date1

Closing date1 23 January 2015

Deferred settlement trading

Notify ASX of under-subscriptions

Issue of new shares

Dispatch of shareholding statements

Normal trading of New shares expected to commence

1 The Directors may extend the closing Date by giving at least three (3) business days' notice to ASX prior to the Closing Date, subject to such date being no later than three (3) months after the date of the Prospectus.

K F Edwards

Secretary

27 January 2015

29 January 2015

2 February 2015

3 February 2015

3 February 2015