Results of General Meeting 12 August 2015

12 August 2015

ASX: OEX

AIM: OEX

Oilex Ltd (ASX/AIM: OEX) is pleased to advise the results of its General Meeting held today. All resolutions which were put to Shareholders were passed unanimously on a show of hands.

In accordance with Section 251AA of the Corporations Act, the proxy votes and number of shares voted are set out in the attached report from Oilex's share registry, Link Market Services.

http://www.rns-pdf.londonstockexchange.com/rns/7785V_-2015-8-12.pdf

"We are delighted that all resolutions have been passed at today's General Meeting and the strong shareholder support for the outcome. We are pleased to welcome all new shareholders that will participate in the Tranche 2 placement, together with Zeta Resources Limited as a new cornerstone investor. The support of new and existing shareholders who recognise the opportunity to transform Oilex into a company having strong production and cashflow is encouraging. We look forward to completing Tranche 2 and focusing on delivery of the 2015/16 work programme."

For and on behalf of Oilex Ltd

Chris Bath

Chief Financial Officer and Company Secretary

For further information, please contact the company or its advisors listed below: