ADAVALE RESOURCES LIMITED — Director's Dealing 2013

Jan 6, 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.

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	31 December 2012
No. of securities held prior to change	Ordinary Shares: 62,772,585
	UnlistedOptions		(UO9):10,000,000
	exercisable at $0.04		on or before 31 July
	2014
Class	a.	Ordinary Shares
	b.	Unlisted options	(UO1) exercisable at
		$0.04 on or before 31 July 2014
Number acquired	a.	21,381,956
	b.	22,004,435
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	a. b.	$0.02 per shareNil

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: 84,154,541Unlisted 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 changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Off market transfer as approved byshareholders at the General Meeting held20 December 2012 and as outlined in theNotice of General Meeting dated 8November 2012 and ASX Announcement of14 December 2012.a. referred to as Tranche 2 sharesb. 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(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

Par	Par	t 3 – Clo	sed Period
W
	W	rethe	interestsi	nthe	No
	secab	urities oove trad	r contracts ded during a	etailedclosed
	pecle	riodwarance w	hereprior as required?	written
	Ifpr	so, was povided t	rior written cleo allow the tr	aranceade to	N/A
	pr	oceed dur	ing this period	?
	If	prior widd	ritten clearanhih d	ce washi	N/A
pr**pr **	pr**pr **	ve, oovided?	n wc ate	as ts

**Date

of Lodgement of Appendix 3Y: 7 January 2013**

07/01/2013

• See chapter 19 for defined terms.

Appendix 3Y Page 3