Microsoft Word - Appendix_03Y - Marks 18Dec2014.docx 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 30/09/01 Amended 01/01/11

Name of entity Greenearth Energy Ltd

ABN 60 120 710 625

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

Samuel Marks

Date of last notice

19 June 2014

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.

Toroso Group Pty Ltd (Director and

shareholder)

Date of change

19 December 2014

No. of securities held prior to change

1,126,375 fully paid ordinary shares

2,000,000 unlisted options exercisable at

10 cents expiring 30 September 2017

3,000,000 unlisted options exercisable at

15 cents expiring 30 September 2017

2,000,000 unlisted options exercisable at

7.5 cents expiring 30 September 2018

3,000,000 unlisted options exercisable at

10 cents expiring 30 September 2018

Class

Unlisted options over fully paid ordinary

shares

Number acquired

2,000,000 unlisted options exercisable at

15 cents expiring 30 September 2017

3,000,000 unlisted options exercisable at

20 cents expiring 30 September 2017

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

Number disposed

Nil

Value/Consideration

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

Nil

No. of securities held after change

1,126,375 fully paid ordinary shares

2,000,000 unlisted options exercisable at

10 cents expiring 30 September 2017

5,000,000 unlisted options exercisable at

15 cents expiring 30 September 2017

3,000,000 unlisted options exercisable at

20 cents expiring 30 September 2017

2,000,000 unlisted options exercisable at

7.5 cents expiring 30 September 2018

3,000,000 unlisted options exercisable at

10 cents expiring 30 September 2018

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 options to Managing Director as

approved by Shareholders at Annual

General Meeting held on 26 November

2014

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

Not applicable

Nature of interest

Not applicable

Name of registered holder

(if issued securities)

Not applicable

Date of change

Not applicable

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

Not applicable

Interest acquired

Not applicable

Interest disposed

Not applicable

Value/Consideration

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

Not applicable

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Appendix 3Y Change of Director's Interest Notice


Interest after change Not applicable

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?

No

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

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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