BEACON MINERALS LIMITED — Director's Dealing 2009

Mar 23, 2009

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 30/9/2001.

Name of entity	BEACON MINERALS LIMITED
ABN	64 119 611 559

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	Paul Lloyd
Date of last notice	1 December 2008

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

Direct or indirect interest	Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Paul & Sharon Lloyd ATF the Lloyd SuperFundSharon Marie Lloyd
Date of change	23 March 2009
No. of securities held prior to changePaul & Sharon Lloyd ATF the Lloyd SuperFundSharon Marie Lloyd (Spouse)Paul Lloyd	4,080,000 Ordinary fully paid shares2,626,577 Options exercisable at 20 cents onor before 31 August 2010250,000 Ordinary fully paid shares125,000 Options exercisable at 20 cents on orbefore 31 August 20102,000,000 Options exercisable at 20 cents onor before 31 May 2011
Class	Options
Number acquired	2,100,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Number disposed	Number disposed	2,751,577	2,751,577	2,751,577
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated		Purchase $4,260Sale $2536
valuation		,
No. of secu	rities held after change
Paul & Sh	aron Lloyd ATF the Lloyd Super	4,080,000 ordinary fully	paid shares
Fund		2,100,000 Options exer	cisable at 1 cent on
		or before 31 August 201	0
Sh M	i Lld S
aron are oy (pouse)		250,000 ordinary fully p	aid shares
Paul Lloyd		2,000,000 Options exercisable at 20 cents onor before 31 May 2011
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back		On market purchase and sale

Part 2 – Change of director’s interests in contracts

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----- Start of picture text ----- Detail of contract Not applicableNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001