Ann: Quarterly Report and Appendix 4C, page-22

Terms for Performance Shares as per Prospectus, hopefully a good indication going forward of Management's target for 2017 and/or 2018.

9.2 Terms of Class A Performance Shares

(c) “Milestone A” means LRR and its subsidiaries achieving aggregated gross revenue of $15,000,000 in any of the financial years ending on 31 December 2016, 2017 or 2018, following recompliance with Chapters 1 and 2 of the Listing Rules;

9.3 Terms of Class B Performance Shares

(c) “Milestone B” means LRR and its subsidiaries achieving aggregated gross revenue of $25,000,000 in any of the financial years ending on 31 December 2016, 2017 or 2018, following recompliance with Chapters 1 and 2 of the Listing Rules;

PDYOR