ARCHER MATERIALS LIMITED — Director's Dealing 2012

Apr 30, 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	18 March 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	Direct or indirect interest	Direct or indirect interest	Direct	Direct	Direct	Direct	Direct
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.			N/A
	Date of change			30 April 2012
	No. of securities held prior to change			115,000
	Class			Ordinary fully paid shares
	Number a	cquired			0
	Number d	isposed			50,000
	Value/CoNote: If cons	nsiderationideration is non-cash, provid	e details and estimated valuation		$19,500
	No. of se	curities held after ch	ange		65,000 fu	lly paid ordin	ary shares
	Nature oExample: onsecurities un	f change-market trade, off-market trader dividend reinvestment pla			On-marke	t sale (to fun	d SPP)
			de, exercise of options, issue ofn, participation in buy-back

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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	18 March 2011
No. of securities held prior to change	1,912,917 fully paid ordinary shares
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	1,912,917 fully paid ordinary shares
Nature of change	On-market purchase
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