Mako Hydrocarbons Ltd : December 18, 2012 708A Cleansing Statement

18 December 2012

ISSUE OF SHARES

On 13 December 2012, Mako Hydrocarbons Ltd issued 20,000,000 fully paid ordinary shares at a price of A$0.11 per Share to institutional and sophisticated investors.
In accordance with the requirements of section 708A(5)(e) of the Corporations Act 2001 (Act), under which this notice is given, the Company confirms that:
1. the Placement Shares are part of the class of ordinary shares quoted on the ASX;
2. the Company issued the Placement Shares without disclosure to investors under Part 6D.2 of the Act, in reliance on section 708;
3. as at the date of this notice:
(a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the
Company;
(b) the Company has complied with section 674 of the Act (as it applies to the Company); and
4. as at the date of this notice there is no excluded information (as that expression is defined in sections

708A(7) and 708A(8) of the Act) in relation to the Company. Yours sincerely

LEONARD MATH

Assistant Corporate Secretary

Neither this notice nor the Appendix 3B is an offer of securities for sale in the United States. No security of Mako has been registered under the United States Securities Act of 1993 (U.S. Securities Act), and no such security may be offered or sold in the United States absent registration under the U.S. Securities Act and applicable state securities laws or an exemption from registration under the U.S. Securities Act and such laws.

Mako Hydrocarbons Ltd. E: [e-mail] | W: www.makohydrocarbons.com | ABN: 33 009 218 955

Australian Office: Canadian Office:

14 Emerald Terrace, Suite 800, 521 Third Avenue S.W. West Perth, WA, Australia 6005 Calgary, Alberta, Canada, T2P 3T3

Main: [phone] | Fax: [phone] Main: [phone] | Fax: [phone]