ARCHER MATERIALS LIMITED — Director's Dealing 2012

May 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 30/09/01 Amended 01/01/11

Name of entity ARCHER EXPLORATION LIMITED

ABN 64 123 993 233

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	Alice McCleary
Date of last notice	30 April 12

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
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	30 April 2012
No. of securities held prior to change	65,000
Class	Ordinary fully paid shares
Number acquired	0
Number disposed	0
Value/Consideration	0
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	65,000 fully paid ordinary shares
Nature of change	N/A
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Direct or indirect interest	Indirect
Nature of indirect interest	Alice McCleary Superannuation Fund
(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Robin Lawry, child of A McClearyDuncan Lawry, child of A McCleary
Date of change	16 May 2012
No. of securities held prior to change	1,912,917 fully paid ordinary shares
Class	Ordinary fully paid shares
Number acquired	35,347
Number disposed	0
Value/Consideration	$10,604
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	1,948,264 fully paid ordinary shares
Nature of change	Participation in SPP
ple: 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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3