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 231 million options exercisable prior to December 31 2012, at AUD 1.5 cents). As at December 28 th, total issued ordinary shares was 1,908 million (equivalent to 95.4 million ADSs) and 88 million outstanding 1.5 cent options. Accordingly, based on the NYSE MKT closing price of US$0.645 per ADS on December 28 th, 2012 the Company has a current market capitalization of approximately US$62 million. (Excluding the value of the outstanding options) Correspondingly, based on the ASX closing price of A$0.031 on December 28th, 2012, the Company has a current market capitalization of A$59 million (Excluding the value of the outstanding options).
|For and on behalf of the board of|
|SAMSON OIL & GAS LIMITED|