ADAVALE RESOURCES LIMITED — Director's Dealing 2012

Dec 19, 2012

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Revised 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 directorDate of last noticeDate that director ceased to be director	Mr Richard Poole3 August 201220 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

Nil

• 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

Name of holder & nature of interest Number & class of securities Note: Provide details of the circumstances giving rise to the relevant interest 36,364,353 Ordinary shares Arthur Phillip Nominees Pty Ltd held on behalf of Fontelina Pty Ltd, of which Mr Richard Poole is a director and shareholder Arthur Phillip Nominees Pty Ltd 14,431,732 Ordinary shares held on behalf of Amanda Poole, spouse of Richard Poole TOTAL : 50,796,085 Ordinary Shares Fontelina Pty Ltd, of which Mr 17,004,435 Unlisted Options (Class UO1) Richard Poole is a director and exercisable at $0.04 on or before 31 July 2014 shareholder

Part 3 – Director’s interests in contracts

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

Date Lodged: 20 December 2012

• See chapter 19 for defined terms.

Appendix 3Z Page 2

14/12/2012