22 January 2018

The Manager

Company Announcements Office ASX Limited

Level 4

20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

EXPIRY AND LAPSE OF EMPLOYEE SHARE OPTIONS

Ausdrill Limited advises that the following share options have expired or lapsed in accordance with the terms of the:

  • • Ausdrill Limited Executive Share Option Plan (ESOP) as announced to ASX on 21 December 2015.

Number

Issue Date of

Options

Exercise Price

466,667

ESOP (2015) lapsed

23 Dec 2015

$0.248

Ausdrill currently has the following options on issue:

Number

+Class

500,005

Executive Options (exercisable at an exercise price of $1.7025, with an expiry date of 7 October 2018)

8,366,675

Executive Options (exercisable at an exercise price of $0.248, with an expiry date of 23 December 2020)

Yours faithfully Ausdrill Limited

Strati Gregoriadis Company Secretary AUSDRILL LIMITED

Ausdrill Limited published this content on 22 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 January 2018 07:29:07 UTC.

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