ann out requisition of meeting., page-5

Central Petroleum Limited (“Company”) advises that it has received a purported
requisition pursuant to section 249D of the Corporations Act 2001 (Cth) (“Corporations
Act”) from shareholders claiming to hold 10.14% of the Company’s shares requesting
the directors of the Company to call and arrange a general meeting for the
replacement of three of the Company’s four directors, namely, the replacement of Dr.
Henry Askin (Chairman), Mr. Richard Faull (Non-Executive Director) and Mr. William
Dunmore (Non-Executive Director) with Mr. Peter Cockcroft, Mr. Colin Goodall and
Mr. Simon Philis.
A list of shareholders was provided to the Company as part of the purported
requisition notice, which list is attached to this announcement. The Company notes
that Mr. John Phillip Heugh, a Non-Executive Director of the Company is one of the
shareholders requisitioning the meeting.
The Directors are currently in the process of determining that the requisition is made in
compliance with the relevant provisions of the Corporations Act.
Should the notice be compliant, the Directors will undertake the necessary steps to
convene a general meeting in compliance with the Corporations Act.
Further updates will be provided as required.