ADAVALE RESOURCES LIMITED — Director's Dealing 2012

Dec 19, 2012

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity Adavale Resources Limited ABN 91 008 719 015

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Mr Roger Christian Steinepreis
Date of last notice	24 March 2011
Date that director ceased to be director	20 December 2012

Part 1 – Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

150,000 Ordinary Shares

• See chapter 19 for defined terms.

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Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

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

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Name of holder & nature of interest Number & class of securities
Note: Provide details of the circumstances giving rise to
the relevant interest
As the controller of RC 17,336,838 Ordinary Shares
Steinepreis Family Trust No 2,
2,500,000 Unlisted Options exercisable at
Blueknight Corporation Pty Ltd
$0.04 on or before 31 July 2014
and Ranchland Pty Ltd
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Part 3 – Director’s interests in contracts

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Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
No. and class of securities to which interest relates N/A
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Date Lodged: 20 December 2012

• See chapter 19 for defined terms.

Appendix 3Z Page 2

14/12/2012