ALCHEMY RESOURCES LIMITED — Director's Dealing 2012

Apr 25, 2012

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 30/09/01 Amended 01/01/11

Name of entity	ALCHEMY RESOURCES LIMITED
ABN	17 124 444 122

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	Lindsay George Dudfield
Date of last notice	6 March 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	1.	Direct
	2.	Indirect
Nature of indirect interest	2a.	Jindalee Resources Limited		(Mr
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	2b.	Dudfield is the Managing Director)Yvonne Dudfield (Spouse)
	2c.	JopanManagement	Pty	Ltd
		(Spouse is sole Director		and
		Beneficiary)
	2d.	LGDudfield Pension Fund
Date of change	2d.	20, 23 and 24 April 2012
No. of securities held prior to change	1.	16,000
	2a.	17,469,759
	2b.	282,667
	2c.	173,334
	2d.	Nil
Class	Ordinary Fully Paid Shares
Number acquired	2d.	173,147
Number disposed	Nil
Value/Consideration	13 cents per share
Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1.16,0002a.17,469,7592b.282,6672c.173,3342d.173,147
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	2d.On market purchase

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 to whichinterest related prior to changeNote: 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

Part 3 –[+] Closed period

Were the interests in the securities or contracts Yes. detailed above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided toallow the trade to proceed during this period?

No. The trades resulted from the execution ofa buy order originally placed with thePension Funds broker on 2 March 2012.This order was not purged at the end ofMarch and remained open. Further, due to anadministrative oversight the Pension Funditself did not cancel the open order. All openorders have now been cancelled.Under the Company’s Securities TradingPolicy, prior written consent is required fromthe Chairman for any trade by a Directorduring a closed period. In this case, priorwritten consent was not obtained.Notwithstanding that prior written consentwas not obtained the Company is satisfiedthat the trade resulted from an administrativeoversight.

If prior written clearance was provided, on whatdate was this provided?

N/A

• See chapter 19 for defined terms.

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