AUDALIA RESOURCES LIMITED — Director's Dealing 2014

Apr 29, 2014

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	Audalia Resources Limited
ABN	49 146 035 690

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 Date of last notice

Mr Brent Butler 4 July 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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Registered holders: Jayne Butler. Mr Butler is the spouse of the registered holder. Megan Holdings Pty Ltd. Mr Butler is a director and shareholder of the company, which is the registered holder. Megan Holdings Pty Ltd **Investment A/C>. Mr Butler is a director and shareholder of the company which is the trustee of the trust, which is the registered holder.
Date of change	28 April 2014.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct interest 10,000 fully paid ordinary shares 5,000 options exercisable at $0.20 each on or before 28 April 2014. Indirect interest 520,000 fully paid ordinary shares. 10,000 options exercisable at $0.20 each on or before 28 April 2014.
Class	See above
Number acquired	Nil.
Number disposed	Options lapsed without being exercised. 15,000 options exercisable at $0.20 each on or before 28 April 2014.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Not applicable.
No. of securities held after change	Direct interest 10,000 fully paid ordinary shares Indirect interest 520,000 fully paid ordinary shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Expiry of listed options.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	Not Applicable
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 securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not Applicable
If prior written clearance was provided, on what date was this provided?	Not Applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3