Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder

603 page 1/2 15 July 2001

To Company Name/Scheme KUTh Energy Limited

ACN/ARSN ACN 125 694 920

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

Geodynamics Limited

095 006 090

The holder became a substantial holder on 10/10/2013

2. Details of voting power

The total number of votes attached to ali the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securilies (4)

Number of securities

Person's votes (5)

Voting power (6)

Ordìnary Fully Paid Shares

Nil

Nil

Nil

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a

.--H-o-ld-e-r o-f -re-le-va-n-t i-n-te-re-st-------T---N-at-ur-e-o-f r-e-le-va-n-t i-nt-e-re-st-(-7)----.--C-l-as-s-a-n-d-nu-m-b-e-r o-f-se-c-u-rit-ie-s ---

Geodynamics Limited

Making of a takeover bid forali the ordinary shares of KUTh Energy Limited

Nil

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant Registered holder of Person entitled to be interest securities registered as holder (8)

Class and number of securities

N/A N/A N/A

Nil

s. Conslderation

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

6. Assoclates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

N/A

N/A

7. Addresses

The addresses of persons named in this form are as follows:

Name

Address

Geodynamics Limited

Level3, 19 Lang Parade, PO Box 2046 Milton Queensland 4064

Signature

print name Tim Pritchard capacity Company Secretary

sign here date 11/10/2013

DIRECTIONS

(1) lf there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. lf the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set aut in paragraph 7 of the form.
(2) See the definition of "associate" in section 9 of the Corporations Acl2001.
(3) See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes.
(5) The total number of votes attached to ali the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
(6) The person's votes divided by the total votes in the body corporale or scheme multiplied by 100.
(7) Include details of:

(a)

(b)

any relevant agreement or other circumstances by which the relevant interest was acquired. lf subsection 6718(4) applies, a copy of any document setting aut the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contraci, scheme or arrangement, must accompany this form, together with a written statement certifying this contrae!, scheme or arrangement; and
any qualification of the power of a person to exercise, contrai the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
(8) lfthe substantial holder is unable to determine the identity ofthe person (eg. ifthe relevant interest arises because of an option) write "unknown."'
(9) Details of the consideration musiinclude any and ali benefits, moneys and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details musibe included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf ofthe substantial holder or its associate in relation to the acquisitions, even ifthey are not paid directly to the person from whom the relevant interest was acquired.

distributed by