New Constitution

08 December 2011

Jupiter Energy Limited

NEW CONSTITUTION

Following the passing of Resolution 5 at the Annual General Meeting held on 28 November 2011, the Board of Jupiter Energy Limited ("the Company") is pleased to release a copy of the new Constitution of the Company.

The Constitution is broadly consistent with the provisions of the existing Constitution. Many of the changes are administrative or minor in nature including but not limited to:

·; updating the name of the Company;

·; updating references to bodies or legislation which have been renamed (e.g. references to the Australian Settlement and Transfer Corporation Pty Ltd, ASTC Settlement Rules and ASTC Transfer); and

·; expressly providing for statutory rights by mirroring these rights in provisions of the Proposed Constitution.

A list of material changes are set out below:

·; Disclosure of interests in shares provisions (new clause 37)

·; Partial (proportional) takeover provisions (new clause 35)

·; Dividends (clause 21)

·; Minimum Shareholding (clause 3)

·; Fee for registration of off market transfers (clause 8.4(c))

The constitution can be found on the Company's website at www.jupiterenergy.com.au/Investor-Centre/AIM-Rule-26

Enquiries:

Jupiter Energy (+61 89 322 8222)

Geoff Gander ([email protected])

Evolution Securities (+44 (0)207 071 4300)

Chris Sim

Stuart Andrews

Neil Elliot

Media enquiries

Allerton Communications(+44 (0)20 3137 2500)

ENDS