Yesterday's announcement revised:"Eligible shareholders can...

Yesterday's announcement revised:

"Eligible shareholders can purchase shares to a value of A$2,500, A$5,000, A$7,500, A$10,000
or A$15,000 at an 18% COST!!!!!!!!! above the present SP"

Certainly is a concern that on the 5th Oct you can continue to come out with the below and today with what you saw! Just professionally very embarrassing!


05 October 2010
TO: The Manager, Company Announcements ASX Limited
CONTACT: John Heugh +61 8 9474 1444
SHARE PURCHASE PLAN
On 28 September 2010, Central Petroleum Limited (?Company?) announced the introduction of
a Share Purchase Plan (?SPP?), offering eligible shareholders an opportunity to purchase
shares in the Company at a discount.
Eligible shareholders can purchase shares to a value of A$2,500, A$5,000, A$7,500, A$10,000
or A$15,000 at an 18% discount from the average closing price of the Company's shares traded
on ASX Limited in the 5 days on which sales in the shares were recorded prior to the
announcement of the SPP on 28 September 2010. This average has been announced as
A$0.086 per share.
Funds raised through the SPP will be used initially to further evaluate the Johnstone West oil
prospect, to plan and execute comprehensive 3D and additional 2D seismic surveys in the area
of Johnstone West-1, Surprise-1 and the Johnstone East, Stuart and Gypsum prospects, to plan
for possible production logistics and to augment working capital.
Shares issued under the SPP will rank equally with existing shares.
Key dates for the SPP are as follows:
Announcement Date 28th September 2010
Record Date 27th September 2010
Opening Date 6th October 2010
Closing Date 3rd November 2010
Allotment Date 12th November 2010
Despatch Date 16th November 2010
Full details of the SPP are contained in the offer letter and terms and conditions documents
attached.