Change of Director's Interest 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 NORWEST ENERGY NL ABN 65 078 301 505

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

Henry David Kennedy

Date of last notice

4 September 2013

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 and Indirect

Nature of indirect interest

(including registered holder)

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

a) Sundowner International Limited (a company in which the director is a director & shareholder)

b) Denne Pty Ltd (Kennedy Family Fund Account) (a company in which the director is a director & shareholder)

c) Denne Pty Ltd (Capital Fund Account)

(a company in which the director is a director & shareholder)

d) Henry David Kennedy (Kennedy Family Superfund Account) (a superfund account of which the director is a beneficiary)

e) Mala Kennedy - daughter of the director

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

Date of change

25 March 2015

No. of securities held prior to change

a) HD Kennedy - 1,730,098 Shares

b) HD Kennedy - 4,000,000 unlisted options

c) Indirect

1. Sundowner International Limited

33,383,365 shares

2. Denne Pty (Kennedy Family Fund

Account)

1,483,173 shares

3. Denne Pty Ltd (Capital Account)

1,159,264 shares

3,000,000 unlisted options

4. Mala Kennedy

10,000 shares

Class

Ordinary fully paid shares

Number acquired

3,183,362 - Sundowner International

Limited

Number disposed

Nil

3,000,000 unlisted options held in Denne

Pty Ltd (Capital Account) expired 26

November 2014

Value/Consideration

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

$0.004712 per share

No. of securities held after change

a) HD Kennedy - 1,730,098 Shares

b) HD Kennedy - 4,000,000 unlisted options

c) Indirect

1. Sundowner International Limited

36,566,727 shares

2. Denne Pty (Kennedy Family Fund

Account)

1,483,173 shares

3. Denne Pty Ltd (Capital Account)

1,159,264 shares

4. Mala Kennedy

10,000 shares

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

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

Take up of shares offered in a Share

Purchase Plan

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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