BATHURST RESOURCES LIMITED. — Remuneration Information 2014

Dec 14, 2014

T +64 4 499 6830 F +64 4 974 5218 E wellington@bathurstresources.co.nz

Level 12, 1 Willeston Street Wellington 6011, New Zealand PO Box 5963 Lambton Quay Wellington 6145, New Zealand

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15 December 2014

Listed Company Relations Company Announcements Platform New Zealand Exchange Limited Australian Securities Exchange Level 2, NZX Centre 10[th] Floor, 20 Bond Street 11 Cable Street Sydney Wellington, New Zealand NSW 2000

Bathurst Resources Limited (NZSX/ASX: BRL)

Long Term Incentive Plan – Lapsing of Performance Rights

Bathurst Resources Limited advises that 5,400,522 Performance Rights have lapsed under the terms of the Long Term Incentive Plan (‘Plan’) following the Performance Conditions under the Plan not being met for the year ended 30 June 2014.

The remaining 518,076 Performance Rights, will vest as follows:-

1 July 2015 518,076

Yours sincerely,

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Graham Anderson Company Secretary

www.bathurstresources.co.nz