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

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	Len Jubber
Date of last notice	5 July 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
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise
to the relevant interest.
Date of change	17 November 2012
No. of securities held prior to change	Indirect
	Alexandra M. Jubber
	554,440 Fully Paid Ordinary Shares
	HSBC Custodian Nominees	(Australia) Limited
	<Jubber Super Fund A/C>
	315,159 Fully Paid Ordinary Shares
	Direct
	1,900,674Performance Rights (Unlisted) as		follows:
	491,734CEOPerformance	Rights	vesting	on
	22 November 2013; and
	1,408,940 CEOPerformance	Rights	vesting	on
	17 November 2014

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice
5,500,000Options (UnVested Options:2,500,000 Options exe
					lows:share and
			5,500,000Options (UnVested Options:2,500,000 Options exe	listed) exercisable as folrcisable at A$0.434 per
					lows:
					share and
			expiring on1,500,000 Options exeexpiring onUnvested Options, sub	17 November 2012; anrcisable at A$0.543 per17 November 2013.ject to performance hurd	dshare and
					les:share and
			1,500,000 Options exeexpiring on	rcisable at A$0.678 per17 November 2014
	Class		Director Options (Unlis	ted)
	Number acquired		Nil
	Number disposed		2,500,000 (expired)
	Value/Consideration		N/A
	Note: If consideration is non-cash, provide details
	and estimated valuation
	No. of securities held after change		Indirect
			Alexandra M. Jubber
			554,440 Fully Paid Ord	inary Shares
			HSBC Custodian Nominees (Australia) Limited<Jubber Super Fund A/C>315,159 Fully Paid Ordinary SharesDirect1,900,674Performance Rights (Unlisted) as follows:491,734CEOPerformanceRightsvestingon22 November 2013; and1,408,940 CEOPerformanceRightsvestingon17 November 20143,000,000Options (Unlisted) exercisable as follows:Vested Options:1,500,000 Options exercisable at A$0.543 per share andexpiring on 17 November 2013Unvested Options, subject to performance hurdles:1,500,000 Options exercisable at A$0.678 per share andexpiring on 17 November 2014
	Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back		Expiration of 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	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

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

Date of this Notice: 22 November 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3