AUSTRALIAN VANADIUM LIMITED — Director's Dealing 2012

Jun 14, 2012

Appendix 3Y Change of Director’s Interest Notice

**Appendix

3Y**

Rule 3.19A.2

**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

Yellow Rock Resources**

**ABN

90 116 221 740**

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	Leslie James Ingraham
Date of last notice	11 May 2012

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 relevantinterest.	Jalein Pty Ltd <Elbaja A/C>
Date of change	14 June 201215 June 2012
No. of securities held prior to change	8,975,588
Class	Ordinary
Number acquired	900,412 14 June 2012124,000 15 June 2012
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	900,412 @ $0.019555124,000 @ $0.019000
No. of securities held after change	10,000,000

See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

**Nature

of change**

Example: on-­‐market trade, off-­‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-­‐ back

On 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	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A	N/A
	Nature of interest			N/A
	Name of registered holde		r	N/A
	(if issued securities)
	Date of c	ane		N/A
		g
	N d	l f i	i
	o. an	cass o secur	es to	N/A
	which interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed
	Interest acquired			N/A
	Interest disposed			N/A
	Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation			N/A
	Interest after change			N/A

**Part

3 –**[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed period	N/A
whereprior written clearance was required?
If so, was prior written clearance provided to allowthe trade to proceed during this period?	N/A
If prior written clearance was provided, on whatdate was this provided?	N/A

See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011