Alkane Resources — Director's Dealing 2011

Apr 28, 2011

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 Alkane Resources Ltd ABN 35 000 689 216

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	Anthony Dean LETHLEAN
Date of last notice	02.10.2009

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

Direct or indirect interest	a) Indirect Interestb) Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	a) Rocky Rises Pty Ltd – a companyin which the director is a directorand majority shareholderb) AnthonyLethlean&LuisaLethlean <A&L Lethlean s/f a/c> -a superannuation fund of whichthe director is a trustee andbeneficiary
**Date of change **	a) 27.04.2011
No. of securities held prior to change	212,000 ALK500,000 ALKAU
Class	Ordinary fully paid shares ALK
Number acquired	b) 212,000 ALK
Number disposed	a) 212,000 ALK
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil – no change in beneficial ownership
No. of securities held after change	a) 181,996 ALKb) 212,000 ALK

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Nature of change 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

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

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Not applicable, excluded transaction
If so, was prior written clearance provided to allow the tradeto proceed during this period?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001