Triangle Energy (Global) Limited ABN 52 110 411 428 Suite 2, 100...

Triangle Energy (Global) Limited ABN 52 110 411 428 Suite 2, 100 Havelock St, West Perth WA 6005 | PO Box 51 West Perth WA 6872 Australia T +61 8 9219 7111 triangleenergy.com.au 6 February 2019 Ms Jessica Coupe Adviser, Listings Compliance ASX Limited Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000 Dear Ms Coupe I refer to the ASX price query dated 6 February 2019 and respond as follows (using your numbering): 1. Triangle Energy (Global) Ltd (Triangle or the Company) is not aware of any information concerning it which has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities. 2. Not applicable. 3. As first disclosed in October 2017, the Company has held a 35.47% interest in ASX listed State Gas Limited (ASX:GAS) since its initial public offering. State Gas' shares closed at $0.955 on Tuesday, 5 February 2019, valuing the Company's interest at $45.67 million, which is slightly more than the current market capitalisation of the Company ($42.95 million, based on a share price of $0.14 at the time of writing). The Company reminds investors that its holding in State Gas is subject to escrow until 9 October 2019. On Monday, 4 February 2019 State Gas announced that it had appointed a financial advisor to "…help it to respond to queries from potentially interested parties". Since that announcement State Gas' share price has increased from $0.82 (close of trading Friday, 1 February 2019) to an intra-day high today of $1.01 (at the time of writing). 4. The Company confirms that it is compliance with the Listing Rules, and in particular, Listing Rule 3.1. 5. The Company confirms that the above responses have been authorised and approved in accordance with its published continuous disclosure policy.