Norwest Energy NL : Completition of Entitlement Offer

Issued Capital - Detail - Single Date ASX ANNOUNCEMENT ASX: NWE 06 January 2016

ABN: 65 078 301 505

Level 2, 6 Thelma Street West Perth WA 6005

PO Box 1264 West Perth WA 6872

Tel: [phone]

Fax: [phone]

www.norwestenergy.com.au

COMPLETION OF ENTITLEMENT OFFER

Norwest Energy NL (ASX:NWE) ("Norwest") advises that its fully underwritten pro-rata non- renounceable Entitlement Offer ("Offer") to raise approximately $820,000 (before costs) pursuant to the Offer Document dated 2 December 2015, has now being completed and 410,114,395 shares have been allotted as of today's date.

Attached please find the following:

1. A statement setting out the issued capital of the Company; and

2. A schedule of the names of the top 20 shareholders

John Annand

Company Secretary

[phone]

NORWEST ENERGY NL | ABN: 65 078 301 505

1

Level 2, 6 Thelma Street West Perth Western Australia 6005 | PO Box 1264 West Perth Western Australia 6872 Tel: [phone] | Fax: [phone] | Email: [e-mail] |

Web: www.norwestenergy.com.au

NORWEST ENERGY NL ORDINARY FULLY PAID SHARES As of 06 Jan 2016

Issued Capital Snapshot	Composition : FP
Register	Sub-register	Current Holders	Zero Holders	Units
WESTERN AUSTRALIA	Chess	3,517	0	1,644,875,687
Issuer	598	0	405,693,707
WESTERN AUSTRALIA Totals	4,115	0	2,050,569,394
Class Total	4,115	0	2,050,569,394
Sub-register Total	Current Holders	Zero Holders	Units
Chess	3,517	0	1,644,875,687
Issuer	598	0	405,693,707

Page 1 of 1

NORWEST ENERGY NL ORDINARY FULLY PAID SHARES As of 06 Jan 2016

Top Holders Snapshot - Ungrouped Composition : FP

Rank	Name	Address	Units	% of Units
1.	AVIEMORE CAPITAL PTY LTD	90,000,000	4.39
2.	CARJAY INVESTMENTS PTY LTD	90,000,000	4.39
3.	KEMPRUST PTY LTD	90,000,000	4.39
4.	J P MORGAN NOMINEES AUSTRALIA LIMITED	66,895,862	3.26
5.	REY CATTAMARRA PTY LTD	53,056,027	2.59
6.	ARGONAUT EQUITY PARTNERS PTY LTD	46,500,000	2.27
7. BSG SERVICES PTY LTD			43,665,848	2.13
8.	AFM PERSEUS FUND LIMITED	43,000,000	2.10
9.	HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	35,984,847	1.75
10.	MR JOHN DOUGLAS ANNAND	28,000,001	1.37
11.	SUNDOWNER INTERNATIONAL LIMITED	27,174,705	1.33
12.	MR ROBERT ANTHONY HUTCHFIELD	25,300,000	1.23
13. MR ANDREW TROTT HOPKINS + MRS ADRIENNE JANET HOPKINS			25,000,001	1.22
14.	MR VERNON REGINALD PARROTT	20,000,001	0.98
15.	CRESCENT NOMINEES LIMITED	18,183,362	0.89 Page 1 of 2

Rank	Name	Address	Units	% of Units
16.	MR MINGCAI WANG	17,167,682	0.84
17.	CORRALLINE PTY LTD	15,229,207	0.74
18.	MR KEVIN MARK JOHNSON	15,000,000	0.73
19.	REYNE NOMINEES PTY LTD	15,000,000	0.73
20.	AQUATIC RESOURCES LIMITED	14,134,666	0.69
Totals: Top 20 holders of ORDINARY FULLY PAID SHARES		779,292,209	38.00
Total Remaining Holders Balance		1,271,277,185	62.00

Page 2 of 2