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Appendix 3Y

RNS Announcement

RNS Number : 2986S

Oilex Ltd

06 November 2013

6 November 2013

APPENDIX 3Y

Please find attached an Appendix 3Y detailing the on market purchase of Oilex Ltd ordinary shares by Mr Ronald Miller. The Company was informed of the trade on the 5 November 2013.

In addition to the on market purchase of shares Mr Miller also acquired 1 million shares and 500,000 listed options through participation in a recent placement undertaken by the Company. Mr Miller's participation was approved by shareholders at an EGM held on 28 October 2013. Shareholders also approved the granting of 2m unlisted options at the same EGM.

For and on behalf of Oilex Ltd

Rob Ierace

Chief Financial Officer / Company Secretary

cc: Directors - MC/BMcC/SB/RM

Appendix 3Y

Change of Director's Interest Notice

LRule 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 OILEX LTD

ABN 50 078 652 632

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	Ronald Lawrence Miller
Date of last notice	25/02/2013

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

(including registered holder)

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

(A) Miramar Superannuation Pty Ltd

(B) Miramar Superannuation Fund Pty Ltd

(D) La Jolla Enterprises Pty Ltd as trustee for the Miller Family Trust

Date of change

04/11/2013 unlisted options granted

05/11/2013 on market trade

06/11/2013 participation in Tranche 2 of Placement

No. of securities held prior to change

(A) 700,000 Ordinary Shares

(B) 2,515,000 Ordinary Shares

(B) 252,500 $0.15 Listed Options expiry 07/09/2015

(D) 750,000 $0.30 Options expiry 01/07/14

Class

Unlisted Options

Ordinary Shares

Listed Options

Number acquired

2,000,000 $0.15 Unlisted Options expiry 04/11/2016

2,000,000 Ordinary Shares

500,000 $0.15 Listed Options expiry 07/09/2015

Number disposed

Not Applicable

Value/Consideration

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

4/11/13 - Unlisted options were issued at nil consideration

5/11/13 - 1,000,000 shares @ $0.0482 - $48,153. Total consideration $48,688.20 including brokerage for on market purchase.

6/11/13 - 1,000,000 shares @ $0.05 - $50,000. Participation in Tranche 2 of the Placement plus 1 attaching listed option for every 2 shares acquired

No. of securities held after change

(A) 2,700,000 Ordinary Shares

(A) 500,000 $0.15 Listed Options expiry 07/09/2015

(B) 2,515,000 Ordinary Shares

(B) 252,500 $0.15 Listed Options expiry 07/09/2015

(D) 750,000 $0.30 Unlisted Options expiry 01/07/14

(D) 2,000,000 $0.15 Unlisted Options expiry 04/11/2016

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Issue of unlisted options pursuant to Shareholder approval obtained at the Company's Extraordinary General Meeting held on 28 October 2013

On-Market Trade 1,000,000 shares

Participation in Tranche 2 of the Placement 1,000,000 shares and 500,00 Listed Options approved by shareholders at the Company's Extraordinary General Meeting held on 28 October 2013

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 above traded during a close period where prior written clearance was required?	No
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?

06/11/2013

__________________________________________________________________________________________

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Appendix 3Y
Time: 07:00:06
Date: 6 Nov 2013
Category: Director/PDMR dealings
ID: 2986S