ADAVALE RESOURCES LIMITED — Director's Dealing 2017

Apr 30, 2017

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 18 September 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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	28 April 2017
No. of securities held prior to change	Ordinary shares: 4,238,778
Class	Unlisted options
Number acquired	1,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

01/05/2017

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Ordinary shares: 4,238,778*Unlisted options: 1,000,000 * As per the 27 April 2017 these shares aresubject to escrow for a period of 12 months.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of options approved by shareholderson 26 April 2017.

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: 01 May 2017**

01/05/2017

• See chapter 19 for defined terms.

Appendix 3Y Page 3