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.

Name of entity GLOBAL PETROLEUM LIMITED

ABN 68 064 120 896

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

Peter Hill

Date of last notice

26 August 2016

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

Direct

Nature of indirect interest (including registered holder)

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

Not Applicable

Date of change

26 August 2016

No. of securities held prior to change

3,000,000 $0.0656 Class A Directors' Incentive Options

3,000,000 $0.0656 Class B Directors' Incentive Options

2,744,472 Ordinary Shares

Class

Directors' Incentive Options

Number acquired

6,000,000

Number disposed

Not applicable

Value/Consideration

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

Nil

No. of securities held after change

3,000,000 $0.0656 Class A Directors' Incentive Options

3,000,000 $0.0656 Class B Directors' Incentive Options

2,744,472 Ordinary Shares

6,000,000 $0.0318 Directors' Incentive Options

Nature of change

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

Grant of Directors' Incentive Options to Director

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.

Detail of contract

Nature of interest

Name of registered holder (if issued securities)

Date of change

No. and class of securities to which interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration

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

Interest after change

Part 3 - Closed period

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

clearance was required?

Not applicable

If so, was prior written clearance provided to allow the trade to proceed during this period?

Not applicable

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

Not applicable

Global Petroleum Limited published this content on 17 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 November 2017 09:42:05 UTC.

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