Samson’s Ordinary Shares are traded on the Australian Securities Exchange under the symbol "SSN". Samson's American Depository Shares (ADSs) are traded on the New York Stock Exchange MKT under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of Samson. Samson has a total of 1,996 million ordinary shares issued and outstanding (including 182 million options exercisable at AUD 1.5 cents), which would be the equivalent of 88.25 million ADSs. Accordingly, based on the NYSE MKT closing price of US$0.71 per ADS on November 6th, 2012 the Company has a current market capitalization of approximately US$68 million. Correspondingly, based on the ASX closing price of A$0.034 on November 6th, 2012, the Company has a current market capitalization of A$65 million. The options have been valued at their closing price of A$0.019 on November 17th, 2012 and translated to US$ at the current exchange of 1.0429 for purposes of inclusion in the US$ market capitalization calculation.For and on behalf of the board of SAMSON OIL & GAS LIMITED TERRY BARRManaging Director
Samson Oil & Gas Operational Advisory
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