ASX Announcement

23 September 2016

Level 9, 301 Coronation Drive, Milton QLD 4064 Australia

PO Box 2118, Toowong DC QLD 4066 Australia

phone + 61 (0) 7 3156 7777

fax + 61 (0) 7 3156 7776

www.carbonenergy.com.au

Carbon Energy Limited ABN 56 057 552 137

Carbon Energy (Operations) Pty Ltd ABN 61 105 176 967

VOLUNTARY RELEASE FROM ESCROW

Carbon Energy Limited (ASX:CNX, OTCQX:CNXAY) wish to announce that on 7 October 2016, a total of 123,845,128 shares will be released from escrow. This is pursuant to a voluntary escrow deed entered into between the Company and Kam Lung Investment Development Co Limited as advised to the market on 1 October 2015.

This disclosure is made in accordance with LR3.10A.

Catherine Costello

Chief Financial Officer & Company Secretary

ENDS

Carbon Energy Limited published this content on 23 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2016 23:47:06 UTC.

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