InterOil Corp.

Entered a new senior secured credit facility that will refinance and replace the US$400 million secured capex facility. The new facility is secured at an annual interest rate of Libor plus 6.5% and terminates at the end of 2017. Lenders include Australia and New Zealand Banking Group Ltd. (ANZ), Intesa Sanpaolo SPA, Westpac PNG Ltd., Bank of South Pacific Ltd., Macquarie Bank Ltd., Credit Suisse AG, Morgan Stanley and UBS AG. ANZ, which led the financing, was the structuring and documentation bank. If the interim resource certification payment is received before the proposed transaction with ExxonMobil Corp. closes, the payment will be used to repay outstanding amounts under the facility.