Appendix 3Y Change of Director’s Interest NoticeAppendix 3YChange of Director’s Interest Notice

Rule 3.19A.2

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 30/9/2001.

Name of entity: AED Oil Limited (Company)

ABN: 61 110 939 292

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

Mr George Edward McGuiness

Date of last notice

30 November 2009

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 interest

Nature of indirect interest

(including registered holder)

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

Mr McGuiness is a director and shareholder of

Bibbenluke Pty Ltd.

Date of change

20,833 shares allotted to Bibbenluke Pty Ltd pursuant to the Company’s Share Purchase

Plan announced on 22 March 2011 (Share

Purchase Plan) on 5 May 2011.

No. of securities held prior to change

Direct interest: Nil

Indirect interest of 300,000 ordinary shares.

Class

Ordinary shares

Number acquired

20,833 pursuant to Share Purchase Plan.

Number disposed

n/a

Value/Consideration

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

$0.24 per share in accordance with issue price prescribed in Share Purchase Plan.

+ See chapter 19 for defined terms.

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Appendix 3YChange of Director’s Interest Notice

No. of securities held after change

Direct interest: Nil

Indirect interest of 320,833.

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 shares under the Share Purchase Plan.

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

n/a

Nature of interest

n/a

Name of registered holder

(if issued securities)

n/a

Date of change

n/a

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

n/a

Interest acquired

n/a

Interest disposed

n/a

Value/Consideration

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

n/a

Interest after change

n/a

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?

No

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

n/a

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

n/a

+ See chapter 19 for defined terms.

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