Change of Director's Interest ASX / MEDIA RELEASE

28 November 2014
ASX Company Announcements Office

Re: Change of Director's Interest - DJM Murphy

Icon Energy Limited advises that the Non-Executive Director, Mr Derek Murphy has purchased 20,000 shares on market at a price of $0.105 per share.
Icon Energy Limited lodges the Appendix 3Y on behalf of Mr Derek Murphy, in accordance with the requirements of ASX Listing Rules.

R Mallett

Company Secretary

For more information contact Icon Energy; Corporate

Mr Raymond James Managing Director Phone +61 7 5554 7111

Investor / Media

Mr Richard Holliday Commercial Manager Phone +61 7 5554 7111
Mobile +61 (0)438 105460
E-mail richard.holliday@iconenergy.com

Icon Energy Limited ABN 61 058 454 569

PO Box 2004, Broadbeach QLD 4218 Australia P 07 5554 7111 F 07 5554 7100 www.iconenergy.com

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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 Icon Energy Ltd

ABN 61 058 454 569

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

Mr Derek JM Murphy

Date of last notice

1 July 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

Direct

Nature of indirect interest

(including registered holder)

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

NA

Date of change

26 November 2014

No. of securities held prior to change

180,181

Class

Ordinary

Number acquired

20,000

Number disposed

NA

Value/Consideration

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

1,620

No. of securities held after change

200,181

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Nature of change

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

On market purchase

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

NA

Nature of interest

NA

Name of registered holder

(if issued securities)

NA

Date of change

NA

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

NA

Interest acquired

NA

Interest disposed

NA

Value/Consideration

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

NA

Interest after change

NA

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?

NA

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

NA

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

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