Share Purchase Plan - Notice Under ASIC 09/425

26 November 2014

Oilex Ltd (ASX: OEX, AIM: OEX) gives notice that:

1. The Company will make offers to issue shares under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Act);

2. This notice is given in accordance with ASIC Class Order 09/425;

3. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act;

4. As at the date of this notice, there is no excluded information (in accordance with the requirements of subsections 708A (7) and (8) of the Act as if this notice were a notice under subsection 708A (5)(e) of the Act.

For and on behalf of Oilex Ltd

Christopher Bath

Chief Financial Officer & Company Secretary

For further information, please contact: