23 January 2013

Dear Shareholder,

EXTENSION ON CLOSING DATE - SHARE PURCHASE PLAN

On 5 December 2012, Mako Hydrocarbons Ltd. (ACN 009 218 955) ("Company") announced ("Announcement") a Share Purchase Plan ("SPP") and, accordingly, the application forms to participate in the SPP were sent to Eligible Shareholders in December 2012.

The Company wishes to advise that the Closing Date for acceptance of the application forms for the SPP has been extended from 31 January 2013 to 21 February 2013.

Please kindly find enclosed an updated Application Form with the Closing Date of 21 February 2013.

If you wish to apply for Shares under the SPP, you should endeavour to submit your application as soon as possible by: