Caltex Australia Limited (Caltex) proposes to issue performance rights for 2011 to certain senior executives under the Caltex Equity Incentive Plan.

Details of the Caltex Equity Incentive Plan are set out in the remuneration report in the 2010 Annual Report.

An Appendix 3B is attached under ASX Listing Rule 3.10.


John Willey
Company Secretary