Prairie Mining Ltd.

Director's Dealing • Jun 7, 2016

Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	PRAIRIE MINING LIMITED
ABN	23 008 677 852

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	IAN MIDDLEMAS
Date of last notice	25 June 2015

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Arredo Pty Ltd (beneficial interest)
Date of change	3 June 2016
No. of securities held prior to change	10,000,000 ordinary shares
Class	Fully paid ordinary shares
Number acquired	100,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$18,179
No. of securities held after change	10,100,000 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market purchase

⁺ See chapter 19 for defined terms.

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

⁺ See chapter 19 for defined terms.

7 June 2016

Prairie Mining Limited ("Prairie") notifies all stock exchanges on which it has listings on (being ASX, the LSE and the WSE) of the interests of directors of the entity, other persons discharging managerial responsibilities and each of their connected persons in securities of and its related bodies corporate which are required to be disclosed under the ASX Listing Rules, the Listing Rules and the Disclosure and Transparency Rules of the United Kingdom Financial Conduct Authority (the "DTR's"), the Australian Corporations Act 2001 and Prairie's Securities Trading Policy.

Prairie gives the following information in relation to Mr Ian Middlemas, a Director, under ASX Listing Rule 3.19A.2, DTR 3.1.2R and 3.1.4R and in accordance with Prairie's Securities Trading Policy and section 205G of the Australian Corporations Act (where applicable) which took place in Australia and which was notified to Prairie on 6 June 2016.

For further information contact:

Dylan Browne

Company Secretary +44 207 478 3900 info@pdz.com.au