ALMA METALS LIMITED — Director's Dealing 2012

Jan 15, 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 30/9/2001.

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	Alasdair Campbell Cooke
Date of last notice	23 December 2011

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.

disclosed in this part.
Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of thecircumstances giving rise to the relevantinterest.	Glenlaren Pty LtdBurls Holdings Pty Ltd (Trustee of Family Trust)Melissa Cooke(Spouse)
Date of change	10 January 2012
No. of securities held prior tochange	Direct12,131,389 Ordinary Shares1,187,652 Unlisted Options exercisable at 31.25 cents on or before 30June 2012400,000 Unlisted Options exercisable at 8.5 cents on or before 30 June2012250,000 Unlisted Options exercisable at 90 cents on or before 31December 2013250,000 Unlisted Options exercisable at 110 cents on or before 31December 2013250,000 Unlisted Options exercisable at 130 cents on or before 31December 2013
	Indirect12,221,014 Ordinary Shares (Glenlaren)2,293,422 Ordinary Shares (Burls Holdings)650,000 OrdinaryShares(Melissa Cooke)

• See chapter 19 for defined terms. Appendix 3Y

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Appendix 3Y Change of Director’s Interest Notice

Class	Ordinaryshares
Number acquired	Direct57,100 OrdinaryShares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash,provide details and estimated valuation	$14,390
No. of securities held afterchange	Direct12,188,469 Ordinary Shares1,187,652 Unlisted Options exercisable at 31.25 cents on or before 30June 2012400,000 Unlisted Options exercisable at 8.5 cents on or before 30 June2012250,000 Unlisted Options exercisable at 90 cents on or before 31December 2013250,000 Unlisted Options exercisable at 110 cents on or before 31December 2013250,000 Unlisted Options exercisable at 130 cents on or before 31December 2013
	Indirect12,221,014 Ordinary Shares (Glenlaren)2,293,422 Ordinary Shares (Burls Holdings)650,000 Ordinary Shares (Melissa Cooke)
Nature of changeExample: on‐market trade, off‐markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy‐back	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.

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 which interest related prior to changeNote: Details are only required for a contract in relation to which the interest haschanged	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non‐cash, provide details and an estimated valuation	N/A
**Interest after change **	N/A

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

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above tradedduring a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms. Appendix 3Y

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