Appendix 3B - Rights Issue

Oilex Ltd (Oilex) has today issued 16,235,098 ordinary shares at an issue price of $0.041 per share following receipt of acceptances in accordance with the terms of the Rights Issue.

The Company advises that application has also been made for the admission to trading on AIM and it expects the shares to be admitted to trading on AIM on 11 August 2015.

Appendix 3B - Rights Issue