APOLLO MINERALS LIMITED — Director's Dealing 2011

Nov 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 Apollo Minerals Limited ABN 96 125 222 924

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	Matthew Rimes
Date of last notice	3 October 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.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mr Matthew Rimes Mrs Robin Lyn Rimes
Date of change	25 November 2011
No. of securities held prior to change	AON - 1,000,000 ordinary sharesAONO - NIL
Class	AON – Fully Paid Ordinary
Number acquired	1,500,000
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	5.5 cents per share
No. of securities held after change	AON – 2,500,000 ordinary sharesAONO–NIL

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change

On market purchase

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.

Nd	ote: In the case of a company, interests which come withinisclosed in this part.	paragraph (ii) of the definition of “notifiable interest of a director” should be	paragraph (ii) of the definition of “notifiable interest of a director” should be
	Detail of contract	N/A
	Nature of interest	N/A
Name of registered holder(if issued securities)
Date of change		N/A
No. and class of securities towhich interest related prior to		N/A
changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired		N/A
Interest disposed		N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation		N/A
Interest after change		N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where priorwritten clearance was required?	Yes
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Yes
If prior written clearance was provided, on what datewas this provided?	21 November 2011

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002