Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity

OIL SEARCH LIMITED

ARBN

055 079 868

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

Richard Lee

Date of last notice

15 December 2015

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest

Indirect

Nature of indirect interest

Indirect interest in shares held by:

(including registered holder)

Lee Super Pty Ltd (Lee Family Super Fund a/c), of

Note: Provide details of the circumstances giving rise to the relevant interest.

which Richard Lee is a beneficiary and director

Boonara Nominees Pty Ltd (Boonara Family a/c),

of which Richard Lee is a director

Date of change

27 February 2020

No. of securities held prior to change

86,829 shares held by Lee Super Pty Ltd (Lee

Family Super Fund a/c)

10,000 shares held by Boonara Nominees Pty Ltd

(Boonara Family a/c)

Class

Ordinary fully paid shares

Number acquired

20,000

Number disposed

-

Value/Consideration

$114,002.47

Note: If consideration is non-cash, provide details and estimated valuation

No. of securities held after change

106,829 shares held by Lee Super Pty Ltd (Lee

Family Super Fund a/c)

10,000 shares held by Boonara Nominees Pty Ltd

(Boonara Family a/c)

Nature of change

On-market trade

Example: on-market trade, off-market trade, exercise of options, issue of

securities under dividend reinvestment plan, participation in buy-back

  • See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract

-

Nature of interest

-

Name of registered holder

-

(if issued securities)

Date of change

-

No. and class of securities to which

-

interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

-

Interest disposed

-

Value/Consideration

-

Note: If consideration is non-cash, provide details and an

estimated valuation

Interest after change

-

Part 3 - +Closed period

Were the interests in the securities or contracts detailed No above traded during a +closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade - to proceed during this period?

If prior written clearance was provided, on what date was this - provided?

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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