Oil Search : Final Director's Interest Notice - M Togolo

Appendix3Z

Final Director's Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity	Oil Search Limited
ARBN	055 079 868

We (the entity) give ASX the followinginformation under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Mel Togolo
Date of last notice	3 September 2020
Date that director ceased to	19 October 2020
be director

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix3Z

Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest	Number & class of securities
Note: Provide details of the circumstances giving rise
to the relevant interest
CPU Share Plans Pty Limited as trustee for	3,450 Restricted Shares
the Oil Search Restricted Shares Plan Trust	(In accordance with the Oil Search Non -Executive Director Fee Sacrifice
	Share Acquisition Plan (NED Plan) rules, these shares will be transferred by
	the trustee to Sir Togolo and the restrictions under the NED Plan lifted.)

Part 3 - Director's interests in contracts

Detail of contract	Vesting or lapsing NED Rights in accordance with the NED
	Plan.
Nature of interest	NED Rights generally vest and convert into Oil Search
	ordinary fully paid shares twice yearly. The shares are held
	on trust by a trustee as Restricted Shares for the restricted
	period.
Name of registered holder	CPU Share Plans Pty Ltd as trustee for the Oil Search
(if issued securities)	Limited Employee Share Trust
No. and class of securities to which	9,536 NED Rights granted on 2 September 2020 (vesting
interest relates	date of 26 February 2021)
	(In accordance with the NED Plan rules, the NED Rights will be pro-rated as
	at the director's resignation date with 6,358 NED Rights lapsing as at that
	date. The remaining 3,178 NED Rights will be treated in accordance with the
	NED Plan rules. Relevant disclosures will be included in the 2020
	Remuneration Report.)

+ See chapter 19 for defined terms.

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11/3/2002