Berkeley Energia Limited — Director's Dealing 2012

May 3, 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 Berkeley Resources Limited ABN 40 052 468 569

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	Laurence Douglas Marsland
Date of last notice	25 August 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 Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Cogent Nominees Pty Ltd – Beneficial Owner of securities
Date of change	27 April 2012
No. of securities held prior to change	0
Class	Fully Paid Ordinary
Number acquired	500,000
Number disposed	0
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$209,017
No. of securities held after change	500,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On Market purchase Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	Yes
If so, was prior written clearance provided to allow the trade to proceed during this period?	No – the former Chairman (Dr J Ross) without reference to the Board gave prior verbal approval for the trade although this was outside the guidelines of the Company’s Securities Trading Policy
If prior written clearance was provided, on what date was this provided?	The verbal approval was given on 26thApril 2012

Date of Notice: 4 May 2012

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011