BANNERMAN ENERGY LTD — Director's Dealing 2012

Nov 21, 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

	roperty and may be made public.	roperty and may be made public.
Name of entityBannerman Re	sources Limited
ABN34 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	David Smith
Date of last notice	22 December 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Securities held by Shonberg Pty Ltd asTrustee of the Smith Family trust, a trust ofwhich Dr Smith is a beneficiary.
Date of change	19 November 2012
No. of securities held prior to change	Indirect:Shonberg Pty Ltd <the Smith Family TrustA/C>239,700 Non-Executive Director Options(Unlisted) exercisable at A$1.45pershareandexpiringon25 November 2012.256,500 Non-Executive Director Options(Unlisted) exercisable at A$0.77pershareandexpiringon22 November 2013.422,600 Non-ExecutiveDirectorShareRights(Unlisted)vestingon17 November 2012.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary Shares
Number acquired	422,600
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Indirect:Shonberg Pty Ltd <the Smith Family TrustA/C>422,600Fully Paid Ordinary Shares239,700 Non-Executive Director Options(Unlisted) exercisable at A$1.45pershareandexpiringon25 November 2012.256,500 Non-Executive Director Options(Unlisted) exercisable at A$0.77pershareandexpiringon22 November 2013.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	SharesissuedfollowingvestingofNon-Executive Director Share Rights

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 inrelation to which the interest has changed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
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: 22 November 2012

• See chapter 19 for defined terms.

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