Antares Energy Limited : Appendix 3E - Daily Share Buy-back Notice - 500,000 Shares

Appendix 3E Daily share buy-back notice

Appendix 3EDaily share buy-back notice (except minimum holding buy-back and selective buy-back)

Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/9/99. Origin: rule 3.6, Appendix 7C. Amended 30/9/2001, 11/01/10

Rule 3.8A

Name of entity ABN/ARSN

ANTARES ENERGY LIMITED 75 009 230 835

We (the entity) give ASX the following information.

Information about buy-back

1 Type of buy-back Conditional on-market share buy-back.

Approved by ordinary resolution at the Company’s Annual General Meeting held on 25 May 2011.

2 Date Appendix 3C was given to

ASX

12 April 2011

Total of all shares/units bought back, or in relation to which acceptances have been received, before, and on, previous dayBefore previous dayPrevious day

3 Number of shares/units bought back or if buy-back is an equal access scheme, in relation to which acceptances have been received

11,974,167 500,000

4 Total consideration paid or

payable for the shares/units $5,476,196.78 $197,500.00

+ See chapter 19 for defined terms.

11/01/2010 Appendix 3E Page 1

Appendix 3E

Daily share buy-back notice

Before previous dayPrevious day

5 If buy-back is an on-market buy-back

highest price paid:

$0.480

date:

8+11+12+13+14

+15+18+19+20+

21+25 July+05

August 2011

lowest price paid:

$0.375

date: 8+9 August 2011

highest price paid:

$0.395

lowest price paid:

$0.395

highest price allowed under rule 7.33:

$0.440Participation by directors

6 Deleted 30/9/2001.

How many shares/units may still be bought back?

7 If the company has disclosed an intention to buy back a maximum number of shares – the remaining number of shares to be bought back

13,500,000

Compliance statement

1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.

or, for trusts only:

1. The trust is in compliance with all requirements of the Corporations Act as modified by Class Order 07/422, and of the trust’s constitution, relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

Sign here: .......................................................... Date: 12 August 2011

(Company secretary)

Print name: Vicky McAppion

+ See chapter 19 for defined terms.

Appendix 3E Page 2 11/01/2010

Partner Area