ADMIRALTY RESOURCES NL. — Director's Dealing 2009

Dec 3, 2009

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: Admiralty Resources NL ABN: 74 010 195 972

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	John Anderson
Date of last notice	1 December 2006

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
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	1.	1 December 2009
	2.	27 November 2009
No. of securities held prior to change	1.	Nil
	2.	1,000,000
Class	1.	Fully paid ordinary shares
	2.	Options expiring on or before 27
		November 2009.
Number acquired	1.	4,000,0000
	2.	Nil
Number disposed	1.	Nil
	2.	1,000,000
Value/Consideration	1.	$0.016 per share totalling $64,000
Note: If consideration is non-cash, provide details and estimated valuation	2.	Nil.
No. of securities held after change	1.	4,000,0000
	2.	Nil

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change 1. Issue of shares approved by Example: on-market trade, off-market trade, exercise of options, issue of shareholders. securities under dividend reinvestment plan, participation in buy-back 2. Expiry of options on 27 November 2009.

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

• See chapter 19 for defined terms. Appendix 3Y Page 2

11/3/2002