AUSGOLD LIMITED — Director's Dealing 2017

Aug 14, 2017

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 Ausgold Limited ABN 67 140 164 496

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	Denis Ivan Rakich
Date of last notice	12 July 2017

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 relevantinterest.	Denis Ivan Rakich ATF <Rakich Super A/C>
Date of change	11 August 2017
No. of securities held prior to change	Rakich Super A/C(a) 14,123,521 ordinary shares(b) 4,000,000 options exp. 30/11/2019Denis I Rakich(a) 23,900 ordinary shares(b) 4,000,000 options exp. 30/11/2020
Class	Options exercisable at $0.05, expiry 30/3/2019
Number acquired	200,000 options exp. 30/3/2019
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil

• See chapter 19 for defined terms. 01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	No. of securities held after change	Rakich Super A/Ca) 14,123,521 ordinary sharesb) 4,000,000 options exp. 30/11/2019c) 200,000 options exercisable at $0.05, expiry30/3/2019Denis I Rakicha) 23,900 ordinary sharesb) 4,000,000 options exp. 30/11/2020	Rakich Super A/Ca) 14,123,521 ordinary sharesb) 4,000,000 options exp. 30/11/2019c) 200,000 options exercisable at $0.05, expiry30/3/2019Denis I Rakicha) 23,900 ordinary sharesb) 4,000,000 options exp. 30/11/2020	Rakich Super A/Ca) 14,123,521 ordinary sharesb) 4,000,000 options exp. 30/11/2019c) 200,000 options exercisable at $0.05, expiry30/3/2019Denis I Rakicha) 23,900 ordinary sharesb) 4,000,000 options exp. 30/11/2020	Rakich Super A/Ca) 14,123,521 ordinary sharesb) 4,000,000 options exp. 30/11/2019c) 200,000 options exercisable at $0.05, expiry30/3/2019Denis I Rakicha) 23,900 ordinary sharesb) 4,000,000 options exp. 30/11/2020
		,c) 2030/3/2	, .0,000 options exercisa019	ble at $0.05, expiry
		Denis I Raa) 2	kich3,900 ordinary shares
		b) 4	,000,000 options exp. 30	/11/2020
NatuExamplsecuriti	re of change	Participati	on in Share Purchase P	lan and pursuant to’
	e: on-market trade, off-market trade, exercise of options, issue ofes under dividend reinvestment plan, participation in buy-back	Resolutionheld on 3	9 passed at the CompaAugust 2017	nys General Meeting
	2 – Change of director’s interests in contracts
	he case of a company, interests which come within paragraph (ii) of the definition of		“notifiable interest of a director” s	hould be disclosed in this part.

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

Part 3 –+Closedperiod
Were the interests in the securities or contracts detailed above	No
traded during a+closed period where prior written clearance was
required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011