bb4aa62f-1ce7-4334-91aa-7a9287f42a97.pdf

For Immediate Release - 4 July 2016

Ref. #044/16

ASX Ltd

Companies Announcement Office Electronic Lodgement System

Dear Sir,

LAPSE OF EXECUTIVE INCENTIVE RIGHTS

Beach Energy advises that certain executive incentive rights detailed below have lapsed pursuant to their terms of issue without exercise:

  • 2013 LTI - 189,792 LTI performance rights issued on 2 December 2013;

  • 2014 LTI - 256,632 LTI performance rights issued on 1 December 2014; and

  • 2015 LTI - 503,037 LTI performance rights issued on 1 December 2015.

The issued capital following the lapse of the executive incentive rights is set out below:

1,860,782,112

Fully Paid Ordinary Shares

2013 Rights: 541,670

2014 Rights: 1,165,588

2015 Rights: 3,100,127

CEO Rights: 565,956

CEO Rights: 414,547

Unlisted Rights Unlisted Rights Unlisted Rights Unlisted Rights Unlisted Rights

Yours faithfully,

Cathy Oster Page 1

Company Secretary

Beach Energy Limited published this content on 04 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 July 2016 02:00:05 UTC.

Original documenthttp://www.beachenergy.com.au/irm/PDF/6123/LapseofExecutiveIncentiveRights

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