BANNERMAN ENERGY LTD — Director's Dealing 2012

Feb 7, 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	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 riseto the relevant interest.	Shares held by Invia Custodian Pty Limited as trustee forthe Jubber Superannuation Fund, a fund of whichMr Jubber is a beneficiary.
Date of change	6 February 2012
No. of securities held prior to change	Indirect:Alexandra M. Jubber241,940 Ordinary Fully Paid SharesInvia Custodian Pty Limited <Jubber Super FundA/C>54,000 Ordinary Fully Paid SharesDirect:Len Stanley Jubber2,500,000 Options exercisable at A$0.434 per share andexpiring on 17 November 20121,500,000 Options exercisable at A$0.543 per share andexpiring on 17 November 20131,500,000 Options exercisable at A$0.678 per share andexpiring 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

	680,600CEOPerformanceRightsvestingon22 November 2013312,500DFS Performance Rights vesting on 1 July20121,408,940 CEOPerformanceRightsvestingon17 November 2014
Class	Ordinary Shares
Number acquired	61,159
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	A$13,761
No. of securities held after change	Indirect:Alexandra M. Jubber241,940 Ordinary Fully Paid SharesInvia Custodian Pty Limited <Jubber Super FundA/C>115,159 Ordinary Fully Paid SharesDirect:Len Stanley Jubber2,500,000 Options exercisable at A$0.434 per share andexpiring on 17 November 20121,500,000 Options exercisable at A$0.543 per share andexpiring on 17 November 20131,500,000 Options exercisable at A$0.678 per share andexpiring on 17 November 2014680,600CEOPerformanceRightsvestingon22 November 2013312,500DFS Performance Rights vesting on 1 July20121,408,940 CEOPerformanceRightsvestingon17 November 2014
Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back	Shares acquired under Share Purchase 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 inrelation to which the interest has changed	N/A
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?	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: 8 February 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3