ROC OIL COMPANY LIMITED
ABN 32 075 965 856

Resolutions Put to AGM and Disclosure of Proxy Votes

08 MAY 08

ROC advises that the result of the resolutions put to its members at its Annual General Meeting held earlier today were as follows:

2.   Re-election of Mr W Jephcott as a Director.

Result – carried.

3.   Re-election of Mr S Jansma Jr as a Director.

Result – carried.

4.   Election of Mr B Clement as a Director.

Result – carried.

5.   Election of Dr D Schwebel as a Director.

Result – carried.

6.   Renewal of approval for the issue of options under the Employee Share Option Plan by passing the following resolution:

"That the Company approve the issue of options under the Employee Share Option Plan details of which are provided with the Notice of Meeting, as an exception to ASX Listing Rule 7.1."

Result – carried.

7.   Renewal of approval for the issue of options under the Executive Share Option Scheme by passing the following resolution:

"That the Company approve the issue of options under the Executive Option Scheme, the details of which are provided with the Notice of Meeting, as an exception to ASX Listing Rule 7.1"

Result – carried.

8.   Adoption of the Remuneration Report for the year ended 31 December 2007.

Result – carried.

In accordance with Section 251AA(2) of the Corporations Act, ROC also notifies that all of the above resolutions were decided on a show of hands and that the total number of proxy votes received specified that the appointee was to vote in respect of all resolutions as follows: 

For further information see: Stock Exchange Release 08.05.08