Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

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

ABN

OIL SEARCH LIMITED 055 079 868

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 PETER BOTTEN

Date of last notice

18 MAY 2018

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

  • (A) 18 MAY 2018

  • (B) 18 MAY 2018

No. of securities held prior to change

  • (A) 2,286,914 ORDINARY SHARES (COMPRISING 876,149 DIRECTLYHELDORDINARY SHARES AND 1,410,765 INDIRECTLY HELD ORDINARY SHARES)

  • (B) 1,180,100 PERFORMANCE RIGHTS

Class

  • (A) ORDINARY SHARES

  • (B) PERFORMANCE RIGHTS

Number acquired

  • (A) 60,416 ORDINARY SHARES

  • (B) NIL PERFORMANCE RIGHTS

Number disposed

  • (A) NIL ORDINARY SHARES

  • (B) 236,000 PERFORMANCE RIGHTS

Value/Consideration

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

  • (A) A$8.55

  • (B) NA

No. of securities held after change

  • (A) 2,347,330 ORDINARY SHARES (COMPRISING 936,565 DIRECTLYHELDORDINARY SHARES AND 1,410,765 INDIRECTLY HELD ORDINARY SHARES)

  • (B) 944,100 PERFORMANCE RIGHTS

Nature of change

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

  • (A) VESTING OF 60,416 PERFORMANCE RIGHTS (FROM 2015 YEAR) INTO ORDINARY DIRECTLY HELD SHARES

  • (B) LAPSING OF 175,584 PERFORMANCE RIGHTS (FROM 2015 YEAR) DUE TO PERFORMANCE CONDITIONS NOT BEING MET

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

Appendix 3Y Page 2

01/01/2011

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

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Oil Search Limited published this content on 23 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2018 23:42:04 UTC