ADAVALE RESOURCES LIMITED — Director's Dealing 2013

Feb 17, 2013

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 7 January 2013

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	Direct Interest	Direct Interest
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	15 February 2013
No. of securities held prior to change	a.	Ordinary Shares: 84,154,541
	b.	Unlisted Options:
		1. (UO9): 10,000,000 exercisable at
		$0.04 on or before 31 July 2014.
		2. (U01): 22,004,435 exercisable at
		$0.04 on or before 31 July 2014.
Class	a.	Ordinary Shares
	b.	Unlisted options
Number acquired	a.	nil
	b.	60,000,000
Number disposed	Nil

• See chapter 19 for defined terms.

18/02/2013

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/CoNote: If consid	Value/CoNote: If consid
	Value/CoNote: If consid	nsiderationeration is non-cash, provid	e details and estimat	ed valuation	a.	$0.02 per sh	are
					b.	Nil
	No. of sec	urities held after c	hange		a.	Ordinary Sh	ares: 84,154,	541
					b. Unlisted Options:1. (UO9): 10,000,000 exercisable at$0.04 on or before 31 July 2014.2. (U01): 22,004,435 exercisable at$0.04 on or before 31 July 2014.3. (UO): 20,000,000 exercisable at$0.05 on or before 31 July 2014.4. (UO): 20,000,000 exercisable at$0.06 on or before 31 July 2015.5. (UO): 20,000,000 exercisable at$0.07 on or before 31 July 2016.
	Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back				The unlisted options were issued pursuantto shareholder approval at the GeneralMeeting held on 20 December 2012 to MrHaryono Eddyarto.

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which 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

Weretheinterestsinthesecurities or contracts detailedabove traded during a closedperiodwherepriorwrittenclearance was required?	No
If so, was prior written clearanceprovided to allow the trade toproceed during this period?	N/A
If prior written clearance wasprovided, on which date was thisprovided?	N/A

**Date

of Lodgement of Appendix 3Y: 18 February 2013**

18/02/2013

• See chapter 19 for defined terms.

Appendix 3Y Page 3