BANNERMAN ENERGY LTD — Director's Dealing 2012

Dec 12, 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	Bannerman Resources Limited
ABN	34 113 017 128

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	Clive Jones
Date of last notice	26 November 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	Direct or indirect interest	Direct or indirect interest	Indirect	Indirect	Indirect
	Nature(includ	of indirect interesting registered hold	er)	Options hAlyse In	eld by Clive Jones as trustee for thevestment Trust, a trust in which
	Note: Provide details of the circuinterest.		mstances giving rise to the relevant	Mr Jones	has a relevant interest.
	Date of change			13 Decem	ber 2012
	No. of securities held prior		to change	Indirect:Wideran	e Corporation Pty Ltd
				15,206,940 Fully Paid Ordinary SharesIndirect:Clive Jones 128,250Non-Executive Director Options(Unlisted) exercisable at A$0.77pershareandexpiring22 November 2013.394,000Non-Executive Director Options(Unlisted) exercisable at A$0.36pershareandexpiring17 November 2014.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Non-Executive Director Options (Unlisted)	Non-Executive Director Options (Unlisted)
Number acquired	683,800
Number disposed	N/A
Value/Consideration	A$25,000representing33%of	annual
Note: If consideration is non-cash, provide details and estimated valuation	director remuneration issued in accordance
	with the terms of the Non-Executive	Director
	Share Incentive Plan (NEDSIP) as approved
	by shareholders on 17 November 2011.
No. of securities held after change	Indirect:
	Widerange Corporation Pty Ltd
	15,206,940 Fully Paid Ordinary Shares
	Indirect:
	Clive Jones <The Alyse Investment	Trust>
	128,250Non-Executive Director	Options
	(Unlisted) exercisable at	A$0.77
	pershareand	expiring
	22 November 2013
	394,000Non-Executive Director	Options
	(Unlisted) exercisable at	A$0.36
	pershareand	expiring
	17 November 2014
	683,800Non-Executive Director	Options
	(Unlisted) exercisable at	A$0.12
	pershareand	expiring
	21 November 2015
Nature of change	Grant of Non-Executive Director	Options
Example: on-market trade, off-market trade, exercise of options, issue of	pursuant to the terms of the Non-Executive
securities under dividend reinvestment plan, participation in buy-back	Director Share Incentive Plan.

• 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	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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Date of this Notice: 13 December 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3