ADAVALE RESOURCES LIMITED — Director's Dealing 2012

Mar 19, 2012

Appendix 3Y Change of Director’s Interest Notice

`Rule 3.19A.2

Appendix 3Y

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 30/9/2001.

Name of entity: Adavale Resources Limited ABN: 91 008 719 015

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

Name of Director	Haryono Eddyarto
Date of last notice	28 September 2011

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 Interest
Nature of indirect interest	Arthur Phillip Nominees Pty Ltd (beneficially
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	owned by Haryono Eddyarto)
Date of change	19 March 2012
No. of securities held prior to change	INDIRECT:
	31,957,789
Class	Ordinary Shares
Number acquired	3,471,416
Number disposed	Nil
Value/Consideration	$49,154.49
Note: If consideration is non-cash, provide details and estimated valuation

20/03/2012

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	INDIRECT:Ordinary Shares: 35,429,205
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Off Market Trade

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 3 – Closed Period

Were the interests in the securities No or contracts detailed above traded during a closed period where prior written clearance was required? If so, was prior written clearance N/A provided to allow the trade to proceed during this period? If prior written clearance was N/A provided, on which date was this provided?

Date of Lodgement of Appendix 3Y: 20 March, 2012

20/03/2012

• See chapter 19 for defined terms.

Appendix 3Y Page 3