OEX.L Regulatory News (OEX)

Name of entity OILEX LTD

ABN 50 078 652 632

Name of Director

Ronald Lawrence Miller

Date of last notice

25/02/2013

Direct or indirect interest

Indirect

Nature of indirect interest

(including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

(A) Miramar Superannuation Pty Ltd

(B) Miramar Superannuation Fund Pty Ltd

(C) Miller Family Trust

(D) La Jolla Enterprises Pty Ltd as trustee for the Miller Family Trust

Date of change

 04/11/2013 unlisted options granted

 05/11/2013 on market trade

 06/11/2013 participation in Tranche 2 of Placement

No. of securities held prior to change

(A) 700,000 Ordinary Shares

(B) 2,515,000 Ordinary Shares

(B) 252,500 $0.15 Listed Options expiry 07/09/2015

(C) 164,436 Ordinary Shares

(D) 750,000 $0.30 Options expiry 01/07/14

Class

Unlisted Options

Ordinary Shares

Listed Options

Number acquired

2,000,000 $0.15 Unlisted Options expiry 04/11/2016

2,000,000 Ordinary Shares

500,000 $0.15 Listed Options expiry 07/09/2015

Number disposed

Not Applicable

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

4/11/13 - Unlisted options were issued at nil consideration

5/11/13 - 1,000,000 shares @ $0.0482 - $48,153. Total consideration $48,688.20 including brokerage for on market purchase.

6/11/13 - 1,000,000 shares @ $0.05 - $50,000. Participation in Tranche 2 of the Placement plus 1 attaching listed option for every 2 shares acquired

No. of securities held after change

(A) 2,700,000 Ordinary Shares

(A) 500,000 $0.15 Listed Options expiry 07/09/2015

(B) 2,515,000 Ordinary Shares

(B) 252,500 $0.15 Listed Options expiry 07/09/2015

(C) 164,436 Ordinary Shares

(D) 750,000 $0.30 Unlisted Options expiry 01/07/14

(D) 2,000,000 $0.15 Unlisted Options expiry 04/11/2016

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Issue of unlisted options pursuant to Shareholder approval obtained at the Company's Extraordinary General Meeting held on 28 October 2013

On-Market Trade 1,000,000 shares

Participation in Tranche 2 of the Placement 1,000,000 shares and 500,00 Listed Options approved by shareholders at the Company's Extraordinary General Meeting held on 28 October 2013

Detail of contract

Nature of interest

Name of registered holder

(if issued securities)

Date of change

No. and class of securities to which interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

Were the interests in the securities or contracts detailed above traded during a close period where prior written clearance was required?

No

If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?