RELINT: NZO: Ongoing Disclosure Notice

2 Jul 2010 9:40 am

NZO 02/07/2010 RELINT

REL: 0940 HRS New Zealand Oil and Gas Limited

RELINT: NZO: Ongoing Disclosure Notice

Ongoing Disclosure Notice Disclosure of Directors and Officers Relevant Interests Section 19T(2), Securities Markets Act 1988 A Details of director or officer Name of director or officer of public issuer: Roy Antony Radford Name of public issuer: New Zealand Oil & Gas Limited Name of related body corporate (if applicable): n/a Position held in public issuer: Director B Securities in public issuer or any related body corporate in which director or officer has relevant interest Number, class, and type of securities: 1 998,768 NZO (ordinary shares) 5,034,000 NZO (ordinary shares) C Nature of relevant interest and name of registered holder Nature of relevant interest in securities: 2 Direct Interest Indirect Interest Name of registered holder of securities 3 Roy Antony Radford Exploration Nominees Limited, Mehasu Pty Limited D Details of acquisitions and disposals If the relevant interest was acquired-- Date of acquisition: 4 n/a n/a Consideration paid for acquisition: 5 n/a n/a If the relevant interest was disposed of-- Date of disposal: 6 n/a 30/06/2010 Consideration paid for disposal: 7 n/a n/a Type of transaction Describe the arrangement pursuant to which, or the circumstances in which, the acquisition or disposal took place: 8 Expiry of options to acquire ordinary shares E Total number of transactions this notice relates to: 9 1 F Date of last disclosure notice (whether in form 1 or form 2) by the director or officer: 10 18/12/2009 18/12/2009 G Signature Signature of director or office: Date of signature: 1/07/2010 End CA:00196861 For:NZO Type:RELINT Time:2010-07-02:09:40:08

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