ASPIRE MINING LIMITED — Director's Dealing 2011

Mar 24, 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	ASPIRE MINING LIMITED
ABN	46 122 417 243

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	Gan-Ochir Zunduisuren
Date of last notice	16 February 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	Direct & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	GZ Capital LLC (Gan-Ochir Zunduisuren is a director and shareholder of GZ Capital LLC )
Date of change	21 March 2011 & 24 March 2011
No. of securities held prior to change	Indirect 46,000,000 Ordinary Shares 10,000,000 Performance Options Direct Nil
Class	Ordinary Shares
Number acquired	Direct 46,000,000
Number disposed	Indirect to Direct 46,000,000 Direct to Third Party 8,000,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Transfer – Indirect to Direct Nil – transfer of beneficial interest Disposal by Direct $5,549,600
No. of securities held after change	Direct 38,000,000 Ordinary Shares Indirect 10,000,000 Performance Options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Indirect to Direct Transfer Off-market transfer Direct Sale Off-market sale

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 – Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002