ALARA RESOURCES LIMITED — Director's Dealing 2011

Jun 20, 2011

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	ALARA RESOURCES LIMITED (AUQ)
ABN	27 122 892 719

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	FAROOQ KHAN
Date of last notice	29December 2010

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

Nature of indirect	(1)	OEQ1is a legal, beneficial and registered holder of securities in AUQ;
interest(including registeredholder)Note: Provide details of the	(2)	QUE2is taken under section 608(3)(b) of the Corporations Act to have a relevantinterest in AUQ securities in which OEQ has a relevant interest by reason ofhaving control of OEQ;
circumstances giving rise to	(3)	Farooq Khan (and associated companies) are taken under section 608(3)(a) of
the relevant interest.		the Corporations Act to have a relevant interest in the AUQ securities in which
		QUE has a relevant interest by reason of having a >20% voting power in QUE.
		Therefore, Farooq Khan has a relevant interest in the AUQ securities held by
		OEQ.

Class		ORDINARY FULLY PAID SHARES	ORDINARY FULLY PAID SHARES
Direct or indirect	Direct		Indirect	Total
interest
Nature of indirectinterest (including	-		Held by OEQ as described above	N/A
registered holder)
Note: Provide details of the
circumstances giving rise to
therelevantinterest.
No. of securities heldprior to change	98,242		7,332,744 held by OEQ	7,430,986
Date of change	-		17June2011	-
Number acquired
	-		-	-
Number disposed	-		1,000,000 sharesheld by OEQ	-
Value
/Consideration
Note: If consideration is non-	-		$315,000	-
cash, provide details and
estimatedvaluation
No. of securities heldafter change	98,242		6,332,744 held by OEQ	6,430,986
Nature of changeExample: on-market trade,	-		On-market sale of shares by OEQ	-
off-market trade, exercise of
options, issue of securities
under dividend reinvestment
plan, participation inbuy-back

1 Orion Equities Limited ABN 77 000 742 843 ( OEQ )

2

Queste Communications Ltd ABN 58 081 688 164 ( QUE )

ALARA RESOURCES LIMITED A.B.N. 27 122 892 719

Appendix 3Y Change of Director’s Interest Notice

Class	Unlisted Director’s Options(with exercise price of 35 cents and expiring on 16 September2013)	Unlisted Director’s Options(with exercise price of 35 cents and expiring on 16 September2013)	Unlisted Director’s Options(with exercise price of 35 cents and expiring on 16 September2013)
Direct or indirectinterest	Direct	Indirect	Total
Nature of indirectinterest (includingregistered holder)Note: Provide details of thecircumstances giving rise totherelevantinterest.	N/A	N/A	N/A
Date of change	-	-	-
No. of securities heldprior to change	8,200,000	-	-
Number acquired	-	-	-
Number disposed	-	-	-
Value/ConsiderationNote: If consideration is non-cash, provide details andestimatedvaluation	-	-	-
No. of securities heldafter change	8,200,000	-	-
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunder dividend reinvestmentplan, participation inbuy-back	-	-	-

Part 2 – Change of director’s interests in contracts

Detailof contract	Not Applicable
Nature of interest	Not Applicable
Name of registered holder(if issued securities)	Not Applicable
Date of change	Not Applicable
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelationtowhichtheinteresthas changed	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/ConsiderationNote: If consideration is non-cash, provide detailsand anestimatedvaluation	Not Applicable
Interest after change	Not Applicable

Signature of Director: ---------------------------------------------------------Date: 21 June 2011 Farooq Khan

• See chapter 19 for defined terms. 30/9/2001

Appendix 3Y Page 2