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Expiration of Unlisted Options

4th Nov 2009 07:14

4 November 2009Dear Sirs,

Expiration of Unlisted Options

Please note that the following unlisted Oilex Ltd options have expired:

500,000 options exercisable @$1.50 due 31 October 2009

500,000 options exercisable @$1.75 due 31 October 2009

The expiry of the options will be reflected in Oilex Ltd's next Appendix 3B.

For and on behalf of Oilex Ltd

Jay Laurie

Company Secretary

cc: Directors - BMc/RB/MC/LLB/BC/RM

vendor

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