ALMA METALS LIMITED — Director's Dealing 2012

Jul 16, 2012

Appendix 3Y Change of Director’s Interest Notice

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 African Energy Resources Limited

ARBN 123 316 781

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	Charles Frazer Tabeart
Date of last notice	4 July 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	Direct and indirect	Direct and indirect
Nature of indirect interest
(including registered holder)	Revenge Holdings Pty Ltd <Tabeart Super Fund A/C>
Note: Provide details of the circumstancesgiving rise to the relevant interest.	Dina Tabeart (spouse)
Date of change	10 July 2012
	Direct	1,426,703 ordinary shares
		750,000 Unlisted Options exercisable at 90 cents on or
		before 31 December 2013
		750,000 Unlisted Options exercisable at 110 cents on or
No. of securities held prior to		before 31 December 2013
change
		750,000 Unlisted Options exercisable at 130 cents on or
		before 31 December 2013
	Indirect	100,000 ordinary shares (Revenge Holdings)
		1,131,872 ordinary shares (Dina Tabeart)
Class	Ordinary shares
Number acquired	Nil
	Direct	57,600 ordinary shares
Number disposed	Indirect	750,000 ordinary shares (Dina Tabeart)

• See chapter 19 for defined terms. Appendix 3Y

Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non‐cash, providedetails and estimated valuation	$163,419
No. of securities held afterchange	Direct1,369,103 ordinary shares750,000 Unlisted Options exercisable at 90 cents on orbefore 31 December 2013750,000 Unlisted Options exercisable at 110 cents on orbefore 31 December 2013750,000 Unlisted Options exercisable at 130 cents on orbefore 31 December 2013
	Indirect100,000 ordinary shares (Revenge Holdings)381,872 ordinary shares (Dina Tabeart)
Nature of changeExample: on‐market trade, off‐market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy‐back	On‐market trade. The sale of shares was to provide funds to exercise 1memployee options and to cover tax liabilities arising from these options and2.25m previously vested, out‐of‐the‐money options

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.

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 acontract in relation to which theinterest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non‐cash,provide details and an estimatedvaluation	N/A
**Interest after change **	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed No period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this N/A period? If prior written clearance was provided, on what date was this provided? N/A

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

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