ALCHEMY RESOURCES LIMITED — Director's Dealing 2012

Mar 5, 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	24 February 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.	Jopan	ManagementPty	Ltd
		(Spouse	is sole Director	and
		Beneficiary)
Date of change	2a	2 March	2012
No. of securities held prior to change	1.	16,000
	2a.	21,869,759
	2b.	282,667
	2c.	173,334
Class	Ordinary Fully Paid Shares
Number acquired	Nil
Number disposed	2a.	4,400,000
Value/Consideration	13 cents per share
Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1.	16,000
	2a.	17,469,759
	2b.	282,667
	2c.	173,334
Nature of change	2a Off	market transfer
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

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.

No. of securities held after change	No. of securities held after change	No. of securities held after change	No. of securities held after change	1.16,0002a.17,469,7592b.282,667	1.16,0002a.17,469,7592b.282,667
				2c.173,334
NatureExample: osecurities un	of change			2a Off market transfe	r
	n-market trade, off-market trade, exercise of options, issuder dividend reinvestment plan, participation in buy-back		e of
	Chn f dirtr’ intrt in		trt
	age o ecos eess cof itt hih ithi h		acsi f th dfiiti f “tifibl itt		f dit” hld b dild i
	se o a company, neress wc come wn paragrap (		) o e enon o noae neres		o a recor sou e scose n
Detail o	f contract	N/A
Nature	of interest	N/A
Name of registered holder(if issued securities)		N/A
Date of change		N/A
No. andinterestNote: Detaito which the	class of securities to which	N/A
	related prior to change
	ls are only required for a contract in relationinterest has changed
Interest	acquired	N/A
Interest	disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	onsideration	N/A
	sideration is non-cash, provide details and analuation
Interest after change		N/A

Part 3 –[+] Closed period

	+Closed period
Were tabove tclearan	he interests in the securities or con	tracts detailed	No
	raded during a+closed period wher	e prior written
	ce was required?
If so, wto proce			A
	as prior written clearance provided toed during this period?	allow the trade	N/
If priorprovide	written clearance was provided, on wh	at date was this	N/A
	d?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011