Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B
New issue announcement,
y application for quotation of additional securities
and agreement
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nInformation or documents not available now must be given to ASX as soon as available. Information and documents given to ASX becomeASX’s property and may be made public.
oIntroduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13
Name of Entity
SANTOS LIMITED
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ABN
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80 007 550 923
ASX: STO
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We (the entity) give ASX the following information.
Part 1– All issues
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aYou must complete the relevant sections (attach sheets if there is not enough space)
1 Class of securities issued or to be issued Fully paid ordinary shares.
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2 Number of securities issued or to be issued (if 256,000,000 issued pursuant to a Placement o
known) or maximum number which may be as detailed in the announcement dated 14 issued December 2016.
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3 Principal terms of the securities (eg. if options, Fully paid ordinary shares.
exercise price and expiry date; if partly paid
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securities, the amount outstanding and due
dates for payment; if convertible securities, the
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4 Do the securities rank equally in all respects Yes, the new shares rank equally in all
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from the issue date with an existing class of respects with other fully paid ordinary
quoted securities? shares.
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If the additional securities do not rank equally,
please state:
 the date from which they do
 the extent to which they participate for the
next dividend, (in the case of a trust,
distribution) or interest payment
 the extent to which they do not rank
equally, other than in relation to the next
dividend, distribution or interest payment
Appendix 3B New issue announcement 5 Issue price or consideration $4.06 per Placement Share
6 Purpose of the issue The net proceeds of the Placement will y (If issued as consideration for the acquisition of strengthen the Santos balance sheet and assets, clearly identify those assets) provide Santos with financial flexibility to take advantage of growth opportunities that are l
aligned to its core business and recently n
announced strategic plan.
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6a Is the entity an eligible entity that has obtained No
security holder approval under rule 7.1A?
If Yes, complete sections 6b– 6h in relation to
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the securities the subject of this Appendix 3B,
and comply with section 6i
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6b The date the security holder resolution under N/A
rule 7.1A was passed
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6c Number of securities issued without security N/A
holder approval under rule 7.1
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6d Number of securities issued with security holder N/A
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approval under rule 7.1A
6e Number of securities issued with security holder N/A
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approval under rule 7.3, or another specific
security holder approval (specify date of
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6f Number of securities issued under an exception N/A
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in rule 7.2
r 6g If securities issued under rule 7.1A, was issue N/A
price at least75% of 15 day VWAP as
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calculated under rule 7.1A.3? Include the issue
date and both values. Include the source of the
VWAP calculation.
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6h If securities were issued under rule 7.1A for N/A
non-cash consideration, state date on which
valuation of consideration was released to ASX
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Market Announcements
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6i Calculate theentity’s remaining issue capacity N/A
under rule 7.1 and rule 7.1A– complete
F Annexure 1 and release to ASX Market
Announcements
7 Issue Dates 21 December 2016
Note: The issue date may be prescribed by ASX (refer to the
definition of issue date in rule 19.12). For example, the
issue date for a pro rata entitlement issue must comply with
the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
Appendix 3B New issue announcement
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|Number|Class|
|2,032,041,749|Fully paid ordinary shares.|

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|Number|Class|
|12,50012,5009,926,4111,159,288229,47910,9791,680,40189,5125,378|Executive share plan ‘0’shares of 25 cents eachpaid to 1 cent.Executive share plan ‘2’shares of 25 cents eachpaid to 1 cent.Share Acquisition Rightsissued pursuant to theSantos Employee EquityIncentive Plan (SEEIP).Executive options issuedpursuant to the SantosExecutive Share OptionPlan.Fully paid ordinary sharesissued pursuant to thevesting of SARs.Fully paid ordinary sharesissued pursuant to theNon-Executive DirectorShare Plan.Share Acquisition Rightsissued pursuant to theShareMatch Plan.Fully paid ordinary sharesissued pursuant to thevesting of ShareMatch.Fully paid ordinary sharesissued pursuant to thevesting of SARs.|

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10 Dividend policy (in the case of a trust, Rank equally with existing fully paid ordinary o
distribution policy) on the increased capital shares.
(interests)
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Appendix 3B New issue announcement Part 2– Bonus issue or pro rata issue
11 Is security holder approval required?
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12 Is the issue renounceable or non-
renounceable?
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13 Ratio in which the securities will be offered
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14 Class of securities to which the offer relates
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15 Record date to determine entitlements
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16 Will holdings on different registers (or
subregisters) be aggregated for calculating
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entitlements?
17 Policy for deciding entitlements in relation to
fractions
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18 Names of countries in which the entity has
security holders who will not be sent new issue
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documents
Note: Security holders must be told how their entitlements
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are to be dealt with.
Cross reference : Rule 7.7
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19 Closing date for receipt of acceptances or
renunciations
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22 Names of any brokers to the issue
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23 Fee or commission payable to the broker to the
issue
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who lodge acceptances or renunciations on
behalf of security holders
25 If the issue is contingent on securityholders’
approval, the date of the meeting
26 Date entitlement and acceptance form and offer
documents will be sent to persons entitled
Appendix 3B New issue announcement 27 If the entity has issued options, and the terms
entitle option holders to participate on exercise,
the date on which notices will be sent to option
holders
y 28 Date rights trading will begin (if applicable)
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29 Date rights trading will end (if applicable)
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30 How do security holders sell their entitlements
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in full through a broker?
31 How do security holders sell part of their
entitlements through a broker and accept for
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the balance?
s 32 How do security holders dispose of their
entitlements (except by sale through a broker)?
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33 Issue date
Part 3– Quotation of securities
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You need only complete this section if you are applying for quotation of securities
34 Type of securities
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(tick one)
(a)  Securities described in Part 1
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(b) All other securities
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Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible r securities
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Entities that have ticked box 34(a)
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Additional securities forming a new class of securities
Tick to indicate you are providing the information or documents
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35 If the securities are equity securities, the names of the 20 largest holders of the additional o securities, and the number and percentage of additional securities held by those holders 36 If the securities are equity securities, a distribution schedule of the additional securities F setting out the number of holders in the categories
1– 1,000
1,001– 5,000
5,001– 10,000
10,001– 100,000
100,001 and over
37 A copy of any trust deed for the additional securities
Appendix 3B New issue announcement Entities that have ticked box 34(b)
38 Number of securities for which quotation is
sought
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39 Class of securities for which quotation is
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40 Do the securities rank equally in all respects
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from the issue date with an existing class of
quoted securities?
If the additional securities do not rank equally,
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please state:
 the date from which they do
 the extent to which they participate for the
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next dividend, (in the case of a trust,
distribution) or interest payment
u  the extent to which they do not rank
equally, other than in relation to the next
dividend, distribution or interest payment
l 41 Reason for request for quotation now
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Example: In the case of restricted securities, end of
restriction period
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(if issued upon conversion of another security,
clearly identify that other security)
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Appendix 3B New issue announcement Quotation Agreement
1. Quotation of our additional securities is inASX’s absolute discretion. ASX may quote the securities on any conditions it decides.
y2. We warrant the following to ASX:
 The issue of the securities to be quoted complies with the law and is not for an illegal purpose. l
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 There is no reason why those securities should not be granted quotation.
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 An offer of the securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
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 Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any securities to be quoted and that no-one has any right to return any
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securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the securities be quoted.
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 If we are a trust, we warrant that no person has the right to return the securities to be quoted under section 1019B of the Corporations Act at the time that we request that the securities be quoted. l3. We will indemnify the ASX to the fullest extent permitted by law in respect of any claim, action or a expense arising from or connected with any breach of the warranties in this agreement.
4. We give ASX the information and documents required by this form. If any information or document not n available now, will give it to ASX before quotation of the securities begins. We acknowledge that ASX is relying on this information and documents. We warrant that they are (will be) true and complete. o
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Sign here: Date: 15 December 2016
Company Secretary
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Print DAVID THUAN JIN LIM
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name:
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