Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/01 Amended 01/01/11

Name of entity Tap Oil Limited

ABN 89 068 572 341

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

Michael Sandy

Date of last notice

6 March 2012

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest

Indirect

Nature of indirect interest

(including registered holder)

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

Cresta Vista Pty Ltd as trustee for the

Sandyburns Super Fund

Date of change

15 January 2014

No. of securities held prior to change

98,472 fully paid ordinary shares

Class

Fully paid ordinary shares

Number acquired

49,000

Number disposed

49,000

Value/Consideration

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

Nil

No. of securities held after change

98,472 fully paid ordinary shares

+ See chapter 19 for defined terms.

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Appendix 3Y Change of Director's Interest Notice

Nature of change

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

Off-market transfer of securities held by Mr Michael Sandy and Dr Penelope Lynn Burns as trustees for the Sandyburns Super Fund (formerly named "M J Sandy & Associates Pty Ltd Super Fund") to Cresta Vista Pty Ltd as trustee for the Sandyburns Super Fund.
Mr Michael Sandy and his wife Dr Penelope Lynn Burns are beneficiaries of the Sandyburns Super Fund.

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Part 3 - + losed Period C

Were the interests in the securities or contracts detailed above traded during a +closed period where

prior written clearance was required?

N/A (as the off-market transfer was between trustees of a super

fund to which Mr Sandy was a beneficiary, no written clearance was required under the Company's Dealing in Securities

Policy)

If so, was prior written clearance provided to allow the

trade to proceed during this period?

N/A

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

N/A

+ See chapter 19 for defined terms.

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