ADAVALE RESOURCES LIMITED — Director's Dealing 2013

Jan 13, 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 3 August 2012

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of theNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a	In the case of a trust, this includes interests in the trust made available by the responsible entity of theNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a	In the case of a trust, this includes interests in the trust made available by the responsible entity of theNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a	trustdirector” should be	trustdirector” should be
disclosed in this part.
	Direct or indirect interest	Direct Interest
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances ivin rise to the relevant
	gginterest.
	Date of change	31 December 2012
	No. of securities held prior to change	Ordinary Shares: 62,772,585UnlistedOptions(UO9):10,000,000exercisable at $0.04 on or before 31 July2014
	Class	a. Ordinary Sharesb. Unlisted options (UO1) exercisable at$0.04 on or before 31 July 2014
	Number acquired	a.21,381,956b.22,004,435
	Number disposed	Nil
	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	a. $0.02 per shareb. Nil

07/01/2013

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Ordinary Shares: 84,154,541
	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.
Nature of change	Off market transfer as approved by
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	shareholders at the General Meeting held20 December 2012 and as outlined in the
	Notice of General Meeting dated 8
	November 2012 and ASX Announcement of
	14 December 2012.
	a. referred to as Tranche 2 shares
	b. referred to as Tranche 2 Options

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
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: 7 January 2013**

07/01/2013

• See chapter 19 for defined terms.

Appendix 3Y Page 3