BULLETIN RESOURCES 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 Bulletin Resources Limited ABN 81 144 590 858

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 Philip Retter

Date of last notice 9 January 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter - trustee, member of the super fund and beneficiary of the account. Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter - trustee and beneficiary of the account.
Date of change	1 May 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter - trustee and beneficiary of the account. 500,000 fully paid ordinary shares. Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter **A/C> - trustee, member of the super fund and beneficiary of the account. 500,000 fully paid ordinary shares. Sahara Minerals Pty Ltd – director and shareholder. 1,666,667 fully paid ordinary shares. 2,000,000 unlisted options exercisable at $0.20 expiring on 6/12/13.
Class	Fully paid ordinary shares.
Number acquired	Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter - 100,000 fully paid ordinary shares. Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter -100,000 fully paid ordinary shares.
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	100,000 shares at 12.1c each. 100,000 shares at 11.9c each.
No. of securities held after change	Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter - trustee and beneficiary of the account. 600,000 fully paid ordinary shares. Mr Philip Cuthbert Retter & Ms Triagrini Sofiasari Retter **A/C> - trustee, member of the super fund and beneficiary of the account. 600,000 fully paid ordinary shares. Sahara Minerals Pty Ltd – director and shareholder. 1,666,667 fully paid ordinary shares. 2,000,000 unlisted options exercisable at $0.20 expiring on 6/12/13.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change On market trades. 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	NA
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? **	No.
If so, was prior written clearance provided to allow the trade to proceed during this period?	NA
If prior written clearance was provided, on what date was this provided?	NA

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Bulletin Resources Limited ABN 81 144 590 858

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	Martin Phillips
Date of last notice	24 June 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	NA
Date of change	3 May 2012
No. of securities held prior to change	Martin John Phillips 95,000 fully paid ordinary shares. Terri Kathleen Phillips < Phillips Family Holding Trust> - spouse is trustee, M. Phillips is a beneficiary. 2,000,000 unlisted options exercisable at $0.20 expiring on 6/12/13.
Class	Fully paid ordinary shares.
Number acquired	45,000 fully paid ordinary shares.
Number disposed	Nil.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.115 per share.
No. of securities held after change	Martin John Phillips 140,000 fully paid ordinary shares. Terri Kathleen Phillips < Phillips Family Holding Trust> - spouse is trustee, M. Phillips is a beneficiary. 2,000,000 unlisted options exercisable at $0.20 expiring on 6/12/13.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade.

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	NA
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written **clearance was required? **	No.
If so, was prior written clearance provided to allow the trade to proceed during this period?	NA
If prior written clearance was provided, on what date was this provided?	NA

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Bulletin Resources Limited ABN 81 144 590 858

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	Stephen Robinson
Date of last notice	24 June 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 rise to the relevant interest.	Elk Holdings Pty Ltd - director and shareholder of trustee and beneficiary.
Date of change	3 May 21012
No. of securities held prior to change	Elk Holdings Pty Ltd - director and shareholder of trustee and beneficiary. 841,666 fully paid ordinary shares. Rose-Anne Gloria Robinson Family Wealth Trust> - spouse is trustee and S. Robinson is a beneficiary. 2,000,000 unlisted options excisable at $0.20 on or before 6 December 2013. Stephen Daniel Robinson Wealth Trust> - trustee and beneficiary. 1,075,000 fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares.
Number acquired	60,000 fully paid ordinary shares.
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.11 per share.
No. of securities held after change	Elk Holdings Pty Ltd - director and shareholder of trustee and beneficiary. 901,666 fully paid ordinary shares. Rose-Anne Gloria Robinson Family Wealth Trust> - spouse is trustee and S. Robinson is a beneficiary. 2,000,000 unlisted options excisable at $0.20 on or before 6 December 2013. Stephen Daniel Robinson Wealth Trust> - trustee and beneficiary. 1,075,000 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade.

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	NA
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? **	No.
If so, was prior written clearance provided to allow the trade to proceed during this period?	NA
If prior written clearance was provided, on what date was this provided?	NA

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 Bulletin Resources Limited ABN 81 144 590 858

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 Michael Fitzgerald

Date of last notice 3 January 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	M. & J. Fitzgerald Super\ Fund\ A/C> - trustee and beneficiary.
Date of change	3 May 2012
No. of securities held prior to change	Michael Anthony Fitzgerald - 200,000 fully paid ordinary shares. Michael Anthony Fitzgerald - trustee and beneficiary. 2,166,667 fully paid ordinary shares. 2,000,000 unlisted options exercisable at $0.20 expiring on 6/12/13. M. & J.Fitzgerald Fund A/C> - trustee and beneficiary. 118,152 fully paid ordinary shares.
Class	Fully paid ordinary shares.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	100,000 fully paid ordinary shares.
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	50,000 at $0.11 per share. 50,000 at $0.115 per share.
No. of securities held after change	Michael Anthony Fitzgerald - 200,000 fully paid ordinary shares. Michael Anthony Fitzgerald - trustee and beneficiary. 2,166,667 fully paid ordinary shares. 2,000,000 unlisted options exercisable at $0.20 expiring on 6/12/13. M. & J.Fitzgerald Fund A/C> - trustee and beneficiary. 218,152 fully paid ordinary shares.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade.

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	NA
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

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 NA to proceed during this period? If prior written clearance was provided, on what date was NA this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3