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1 ASX Announcement 15 November 2013 ASX Code: LNC OTCQX Code: LNCGY LINC ENERGY MOVE TO SINGAPORE EXCHANGE UPDATE Linc Energy suspends trading on ASX from close of business today Shareholder Nomination Form and FAQ sent to Shareholders Linc Energy Ltd (ASX: LNC) (OTCQX: LNCGY) advises that in accordance with the Indicative Timetable previously announced (see below) and following relevant approvals by Shareholders at the Company s EGM on 6 November 2013, shares in the Company will be suspended from trading on the Australian Securities Exchange (ASX) from close of business today 15 November The Company also encloses a letter sent to Shareholders today, each containing a personalised Shareholder Nomination Form and a FAQ on the steps required to trade on the Main Board of the Singapore Exchange Securities Trading Limited (SGX). The completion of the Shareholder Nomination Form by Shareholders is a required step to enable them to trade their shares on the SGX. Blank Shareholder Nomination Forms are also available at the Company s website. Indicative timetable Detail Date Suspension Linc Energy is suspended from trading at the close of business pending delisting from the ASX Shareholder Nomination Form Return Deadline for transfer of shares to a CDP Securities Account or receive a physical share certificate. 15 November November 2013 Completion of the proposed transition from ASX to SGX remains subject to regulatory and exchange approvals which have not yet been obtained. As such, all dates previously provided are indicative only and remain subject to change. Milestones after the suspension of trading on ASX are conditional on the receipt of regulatory and exchange approvals including but not limited to the receipt of approvals from the SGX and the Monetary Authority of Singapore.

2 ASX Announcement continued ASX Code: LNC OTCQX Code: LNCGY Company Profile Linc Energy is focused on both conventional and unconventional oil and gas production. The Company owns a diverse and world-class commodity portfolio that includes oil, gas, shale and coal. Conventional oil and gas is focused onshore USA (Alaska, Texas, Louisiana and Wyoming) with current production expected to grow significantly from the Company s existing reserves. Unconventional oil and gas is focused on our world leading capability in Underground Coal Gasification, the process of converting coal into a valuable synthetic gas in situ. Linc Energy has constructed and commissioned the world s only UCG to GTL demonstration facility. The Company also owns and operates the world s only commercial UCG operation in Uzbekistan, which supplies syngas to a nearby power station. Linc Energy is listed on the ASX (Australia) and the OTCQX (USA). Media contact: FCR Contact : James Strong ( ) or Anthony Tregoning ( ) - 2 -

3 15 November 2013 Dear Linc Energy Shareholder Shareholder Nomination Form and Information Sheet Following the approval of Shareholders at the Company s Extraordinary General Meeting on 6 November 2013 to delist from ASX and list on the Singapore Exchange (SGX), we enclose: a Shareholder Nomination Form to nominate a CDP Securities account as a required step to enable trading of your shares at the time of Listing on the SGX; and an Information Sheet to assist you with the process. If you do not complete the Form or otherwise establish a CDP Securities account, upon listing on the SGX you will be sent a physical share certificate. Please ensure that you have considered your options carefully before making a nomination on the Form and return the completed Form in the enclosed self-addressed envelope by 22 November 2013 to enable timely processing. Yours faithfully Ken Dark Chairman Enc.

4 Return original Street Address: Mailing Address: Please note that the Original signed form to: Boardroom Pty Limited Boardroom Pty Limited must be sent also Level 7 GPO Box Kent Street Sydney NSW 2001 SGXForms@lincenergy.com Sydney NSW 2000 LINC ENERGY SHAREHOLDER NOMINATION FORM FULL NAME OF COMPANY OR CORPORATION LINC ENERGY LTD DESCRIPTION OF SECURITIES FULLY PAID ORDINARY SHARES QUANTITY Figures FULL NAME(S), ADDRESS AND SRN / HIN OF LINC ENERGY SHAREHOLDERS If you wish to split your holding and nominate multiple Custodians use a separate form for each Custodian DAYTIME PHONE CONTACT FOR SHAREHOLDER Insert your contact details here. This will enable the custodian you've chosen to contact you if necessary BBY NOMINEES PTY LIMITED Account Name COMMSEC Tick the box beside the Custodian you wish to appoint Account Name PHILLIPCAPITAL AUSTRALIA FULL NAME(S) OF APPOINTED CUSTODIAN / NOMINEE OR EXISTING CDP ACCOUNT Account Name SAXO CAPITAL MARKETS AUSTRALIA Account Name (PLEASE USE BLOCK LETTERS) Name OTHER CUSTODIAN / NOMINEE OR YOUR EXISTING CDP ACCOUNT Address Insert the details of another Custodian or your own CDP account details SIGN HERE (ALL SHAREHOLDERS MUST SIGN) I/ We nominate/s the Custodian or CDP account show above LINC ENERGY SHAREHOLDER(S) SIGN HERE Securityholder 1 (Individual) / Executor Sole Director and Sole Company Secretary / Director (delete one) Securityholder 3 (Individual) / Executor Securityholder 2 (Individual) / Executor Director / Company Secretary (delete one) DATE SIGNED../ / 20

5 1. How does trading on SGX operate? Linc Energy Shares will only be able to be traded on the SGX through the Central Depository (Pte) Ltd (CDP), a wholly-owned subsidiary of the SGX. CDP holds securities for its account holders and facilitates the clearance and settlement of securities transactions between account holders through electronic book entries. Linc Energy Shares deposited with CDP are registered in the name of CDP. CDP, however, acts as a bare trustee for the investor; this means that CDP holds the securities on behalf of investors and all rights, entitlements and privileges attached to the Linc Energy Shares pass through to the investor. The investor, in depositing Linc Energy Shares with CDP, maintains securities accounts with CDP and their securities holdings are reflected in these accounts. Depository agents (such as brokers) and custodian banks may also maintain sub-accounts for those investors who do not maintain a direct account with CDP (for example, non- Singaporean investors). Under the book entry settlement system, the transfer of securities ownership is effected through computerised book entries. On T+3, for retail investor trades, the buying clearing member will pay funds to CDP, while CDP will pay funds to the selling clearing member. After payment obligations are settled, CDP will debit securities from the seller's account and credit them to the selling broker s account. Subsequently, the securities will be debited from the selling broker s account and credited to the buying broker s account before they are credited to the buyer s account. 2. How do I trade my Linc Energy Shares on the SGX To trade on SGX you need: 1. A Securities Account to be held with CDP. 2. A trading account. 3. How do I set up a Securities Account? You can choose to transfer your shares to the CDP Securities Account of one of the Australian-based stockbrokers listed on the attached Shareholder Nomination Form by completing the Shareholder Nomination Form. You may also choose a broker of your choice if they hold a CDP Securities Account. OR You can establish your own CDP Securities Account directly with CDP. This requires a bank account to also be opened in Singapore with one of six participating Singaporean banks, namely Citibank Singapore Ltd; DBS Bank Ltd / POSB; The Hong Kong and Shanghai Banking Corporation, Singapore Branch; Overseas-Chinese Banking Corporation Limited; Standard Chartered Bank and United Overseas Bank Limited.

6 4. What happens if I do not transfer my shares to a CDP Securities Account? If you do not transfer your shares to a CDP Securities Account by 22 November 2013, paper share certificate(s) will be sent to your address registered in Linc Energy's register of members by registered mail at your own risk. If you wish to subsequently trade your shares you will need to establish a CDP Securities Account. 5. How do I set up a trading account? If you choose to transfer your shares to the CDP Securities Account of one of the Australian-based stockbrokers you will then trade through that broker. If you choose instead to establish your own CDP Securities Account directly with CDP you will need to follow the procedure to open a CDP Securities Account and trading account set out in section 8 below. 6. What is the Shareholder Nomination Form? The attached Shareholder Nomination Form provides a number of options to deposit your shares with CDP. It provides the option to transferring your shares to your own nominated CDP Securities Account, or to the CDP Securities Account of one of the Australian-based stockbrokers with whom Linc Energy has made arrangements to assist Linc Energy shareholders. For further information on trading Linc Energy Shares on the SGX through an Australian-based stockbroker please contact: (i) (ii) CommSec on (within Australia) or (from outside Australia) or by to commsec.advisory@commsec.com.au; or Phillip Capital on (within Australia) or (from outside Australia) or by to LINCENERGY@phillipcapital.com.au. (iii) BBY Limited on or by to dls@bby.com.au or visit (iv) Saxo Capital Markets on (within Australia) or (from outside Australia) or by to LINCENERGY@saxomarkets.com.au or visit 7. Are shares traded in Australian dollars? No, shares are listed on SGX in Singapore dollars and all dealings in Linc Energy Shares on the SGX will be carried out in Singapore dollars.

7 8. If you wish to open a Securities Account with CDP yourself The key procedural requirements to open a Securities Account with CDP yourself are as follows: 1. Open a trading account with a stock broking firm, which is a member of the SGX. For shareholders who do not have an existing trading account maintained with a member firm of the SGX, please approach any of the member firms (listed on the website of the SGX to effect the opening of a trading account. Both you and your broker will be required to complete and sign an Account Linkage Form to authorise the link of the trading account to your CDP Securities Account. 2. Open a Securities Account with CDP. By a Corporation 1 CDP Securities Account Opening Form Must be completed by two authorised signatories as listed on the application form Company seal or stamp has to be affixed Certificate of Board Resolution incorporated on page 2 of Form duly signed by two authorised signatories and accompanied by company seal or stamp 2 NRIC/Passport Certified copies of: 2 Certificate of Incorporation Certified true copy Authorised signatories of the corporate applicants Officers who sign the account opening form Signatories of the board resolution of the corporate applicant Corporate applicant s company secretary and director(s) who witnessed and certified true copy of the corporate applicant s documentation 3 Particulars of Directors and Secretaries Name, IC/passport no, designation and nationality 4 Legal Opinion Letter Only for tax haven companies e.g. BVI, Bahamas 5 Bank statement/passbook A copy of the valid bank statement (not more than 3 months old) or bank passbook (the page with name, bank account and identification number, or any bank documents showing name, bank account and identification number. Note: The bank account must be maintained by one of the six participating banks, namely Citibank Singapore Ltd, DBS Bank Ltd. / POSB, The Hong Kong and Shanghai Banking Corporation, Singapore Branch, Overseas-Chinese Banking Corporation Limited, Standard Chartered Bank and United Overseas Bank Limited 6 Account Linkage Form Must be completed by two authorised signatories as listed on the application form Company seal or stamp has to be affixed Must be completed and signed by a SGX Member company (broker)

8 By an Individual 1 CDP Securities Account Opening Form Signed in the presence of authorised personnel (see form for explanation of authorised personnel) 2 NRIC/ Passport Copy must be duly certified by authorised personnel (see form for explanation of authorised personnel) 3 Bank statement/passbook A copy of the valid bank statement (not more than 3 months old) or bank passbook (the page with name, bank account and identification number, or any bank documents showing name, bank account and identification number. 4 Account Linkage Form Must be signed by applicant 3. Deposit your share certificates with CDP. Note: The bank account must be maintained by one of the six participating banks, namely Citibank Singapore Ltd, DBS Bank Ltd. / POSB, The Hong Kong and Shanghai Banking Corporation, Singapore Branch, Overseas-Chinese Banking Corporation Limited, Standard Chartered Bank and United Overseas Bank Limited Must be completed and signed by a SGX Member company (broker) You can do this by nominating your Securities Account on the Shareholder Nomination Form and return it to the share registry with a cheque for S$10.70 payable to The Central Depository (Pte.) Limited. The registry will attach your share certificate to the Shareholder Nomination Form and send it to CDP. Deposit of Linc Energy Shares with CDP 1 Shareholder Nomination Form Complete Shareholder Nomination Form. If transferor is individual, its execution has to be witnessed (witness must be 21 years and above and must not be a spouse). For a corporation, it has to be executed under corporate seal Need to indicate CDP securities account number and NRIC number (if applicable) 2 Share Certificate To be attached to transfer form by Linc Energy s Registry 3 Deposition Fee A cheque for S$10.70 payable to The Central Depository (Pte.) Limited