Xun Energy, Inc. (fka XNRG)

[PG]

Well, read it RIGHT HERE!

Question 1: However, for clarification would you be so kind as to comment on this 40K per month salary?

Response to Question 1: There are no employees, including executives, being paid $40,000 per month. The salaries are disclosed in our annual 10-K, link: insert-text-here

Part III, Item 11, Executive Compensation (page 75) discloses the following:

Item 11. Executive Compensation.

Mr. Jerry G. Mikolajczyk was appointed our acting president, chief executive officer and chief financial officer on May 31, 2011 effective June 1, 2011. His employment contract terminated on May 31, 2012. The Company has not renewed the contract with Mr. Mikolajczyk and has retained Mr. Mikolajczyk on a month to month basis. The Company pays Mr. Mikolajczyk $10,000 per month.

Mr. Wayne St. Cyr was appointed our Executive Vice President, Marketing and Strategic Development on January 1, 2011. His employment contract terminated on December 31, 2011. The Company has not renewed the contract with Mr. Ct. Cyr and has retained Mr. St. Cyr on a month to month basis. The Company pays Mr. Wayne St. Cyr $10,000 per month.

Mr. Peter Matousek was appointed our Vice President – Investor Relations on May 31, 2011. His employment contract terminated May 31, 2012. The Company has not renewed the contract with Mr. Matousek and has retained Mr. Matousek on a month to month basis. The Company pays Mr. Peter Matousek $7,500 per month.

Mr. William D. Spier was appointed Treasurer of the Company on October 23, 2012. The Company paid Mr. Spier $4,000 per month until May 31, 2013. Mr. Spier's appointment was renewed for another 12 months with a salary commitment of $7,500 per month.

The following table discloses compensation paid/accrued during the fiscal years ended May 31, 2013 and 2012 to the Company’s Officers and the most highly compensated executive officer whose total compensation exceeded $100,000 for the fiscal year ended May 31, 2013 (Collectively, the “Named Executive Officers”). No restricted stock awards, long-term incentive plan payouts or other types of compensation, other than the compensation identified in the table below, were paid to the Named Executive Officers during these fiscal years.

*1 - Former President/CEO during 2011
*2 - Does not include stock compensation as Board members, refer to Item 5.E of this Form 10-K

We thank you for your interest, support and faith in the Company.

Respectfully,
Xun Energy, Inc.
Jerry G. Mikolajczyk
President and CEO

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