ARCHER MATERIALS LIMITED — Director's Dealing 2012

Mar 14, 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 PETER JOHN MEERS Date of last notice 22 DECEMBER 2010

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 relevant interest.	Raffles Equities Limited (REL) is a wholly owned subsidiary of Hudson Investment Group Limited (HGL) of which Peter Meers is a director. REL is no longer a holder of ordinary fully paid shares. Peter Meers is a director of Hudson Resources Limited (HRS), which now holds 9,500,000 ordinary fully paid shares. Peter Meers has no relevant interest in the shareholding other than his directorship of HRS and HGL.
Date of change	14 March 2012
No. of securities held prior to change	REL: 6,103,249 HRS: 6,500,000
Class	Fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	HRS: 3,000,000
Number disposed	REL:6,103,249
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	HRS: $0.34 per share REL: $0.34 per share
No. of securities held after change	REL: Nil. HRS: 9,500,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	REL: Off-market trade HRS: Off-market trade

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 (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: 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 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 above traded during a[+] closed period where prior written No clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? N/A If prior written clearance was provided, on what date was this provided? N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3