CARNAVALE RESOURCES LIMITED — Director's Dealing 2014

Oct 9, 2014

A ppendix 3Y C hange of D irector’s InterestN otice

Ru le 3.1 9A .2

A ppendix 3Y

C hange ofD irector’s InterestN otice

Information or docu ments notavailable now mu stbe given to A SX as soon as available. Information and docu ments given to A SX become A SX’s propertyand maybe made pu blic.

Introd u ced 30/9/2001.

N ame ofentity-C A RN A V A L E RE S O URC E S L IM ITE D

A B N :49 119 450 243

W e (the entity)give A SX the followinginformation u nd erlistingru le 3.19A .2 and as agentforthe d irectorforthe pu rposes ofsection205G ofthe C orporations A ct.

N ame ofD irector	RO N GA JEW SKI
D ate oflastnotice	4 Ju ly2014.

P art1 -C hange ofdirector’s relevantinterests in secu rities

In the case ofa tru st,this inclu des interests in the tru stmade available bythe responsible entityofthe tru st

N ote:Inthe case ofacompany,interests whichcome withinparagraph(i)ofthe d efinitionof“notifiable interestofad irector”shou ld be d isclosed inthis part.

D irectorindirectinterest	Ind irect.
N atu re ofindirectinterest (inclu dingregistered holder) N ote:P rovid e d etails of the circu mstances giving rise to the relevant interest.	V iennaH old ings P ty L td -M rGajewskiis a d irectorand controllingsharehold er. Red town Enterprises P ty L td -a company owned and d irected by an associate of M r Gajewski.
D ate ofchange	10 O ctober2014.
N o.ofsecu rities held priorto change 10,497 ,618 ord inaryfu llypaid shares. 12,220,7 50 options (ex $0.03,exp30/11/2016) 2,000,000 ord inaryfu llypaid shares 4,000,000 options (ex $0.03,exp30/11/2016)	V iennaH old ings P tyL td . Red townEnterprises P tyL td .
C lass	O rd inary fu lly paid shares and u nlisted options.
N u mberacqu ired 4,022,38 2 ord inaryfu llypaid shares 3,302,38 2 options (ex $0.03,exp30/11/2016)	V iennaH old ings P tyL td .

+See chapter19 ford efined terms.

A ppend ix 3Y P age 1

11/3/2002

A ppendix 3Y C hange of D irector’s InterestN otice

N u mberdisposed	N /A .
V alu e/C onsideration N ote:Ifconsid erationis non-cash,provid e d etails and estimated valu ation	$49,535.7 3.
N o.ofsecu rities held afterchange 14,520,000 ord inaryfu llypaid shares. 15,523,132 options (ex $0.03,exp30/11/2016) 2,000,000 ord inaryfu llypaid shares 4,000,000 options (ex $0.03,exp30/11/2016)	V iennaH old ings P tyL td . Red townEnterprises P tyL td .
N atu re of change Example:on-markettrad e,off-markettrad e,exercise of options,issu e of secu rities u nd erd ivid end reinvestmentplan,participationinbu y-back	(i) Su bscription to 3,302,38 2 shares at $0.015 each, with 3,302,38 2 free attachingoptions. (ii) 7 20,000 shares issu ed to V ienna H old ings P ty L td as aTojo sharehold er as consid eration for the grant of an option to acqu ire 100% of the share capital of Tojo M inerals P ty L td pu rsu ant to the terms of the Tojo Implementation A greement d ated 27 Ju ly2014; The secu rities were issu ed following sharehold er approval received on 26 September2014.

P art2 –C hange ofdirector’s interests in contracts

N ote:Inthe case ofacompany,interests whichcome withinparagraph(ii)ofthe d efinitionof“notifiable interestofad irector”shou ld be d isclosed inthis part.

D etailof contract	N /A
N atu re of interest	N /A .
N ame of registered holder (if issu ed secu rities)	N /A
D ate of change	N /A
N o.and class of secu rities to which interestrelated priortochange N ote:D etails are only requ ired for a contractin relation to which the interesthas changed	N /A
Interestacqu ired	N /A .
Interestdisposed	N /A

+See chapter19 ford efined terms.

A ppend ix 3Y P age 2

11/3/2002

A ppendix 3Y C hange of D irector’s InterestN otice

V alu e/C onsideration N ote: If consid eration is non-cash,provid e d etails and an estimated valu ation	N /A .
Interestafterchange	N /A

P art3–C losed P eriod

W ere the interests in the secu rities or N o. contracts detailed above traded du ring a +closed period where prior written clearance was requ ired? If so,was priorwritten clearance provided N /A . to allow the trade to proceed du ring this period? If priorwritten clearance was provided,on N /A . whatdate was this provided?

+See chapter19 ford efined terms.

A ppend ix 3Y P age 3

11/3/2002

A ppendix 3Y C hange of D irector’s InterestN otice

Ru le 3.1 9A .2

A ppendix 3Y

C hange ofD irector’s InterestN otice

Information or docu ments notavailable now mu stbe given to A SX as soon as available. Information and docu ments given to A SX become A SX’s propertyand maybe made pu blic.

Introd u ced 30/9/2001.

N ame ofentity-C A RN A V A L E RE S O URC E S L IM ITE D

A B N :49 119 450 243

W e (the entity)give A SX the followinginformation u nd erlistingru le 3.19A .2 and as agentforthe d irectorforthe pu rposes ofsection205G ofthe C orporations A ct.

N ame ofD irector	A N D REW B EC KW ITH
D ate oflastnotice	18 A u gu st2014

P art1 -C hange ofdirector’s relevantinterests in secu rities

In the case ofa tru st,this inclu des interests in the tru stmade available bythe responsible entityofthe tru st

N ote:Inthe case ofacompany,interests whichcome withinparagraph(i)ofthe d efinitionof“notifiable interestofad irector”shou ld be d isclosed inthis part.

D irectorindirectinterest	D irectand Ind irect.
N atu re ofindirectinterest (inclu dingregistered holder) N ote:P rovid e d etails of the circu mstances giving rise to the relevant interest.	P enand P tyL td -M rB eckwith is ad irectorand controlling sharehold er. P enelope B eckwith,spou se of M rB eckwith and anassociate forthispu rpose.
D ate ofchange	10 O ctober2014.
N o.ofsecu rities held priorto change 3,292,196 ord inaryfu llypaid shares. 3,239,194 ord inaryfu llypaid shares 300,000 ord inaryfu llypaid shares.	A nd rew B eckwith P enand P tyL td P enelope B eckwith
C lass	O rd inary fu lly paid shares and u nlisted options.

+See chapter19 ford efined terms.

A ppend ix 3Y P age 1

11/3/2002

A ppendix 3Y C hange of D irector’s InterestN otice

N u mberacqu ired 1,333,333options (ex $0.03,exp30/11/2016) 2,666,8 00 ord inaryfu llypaid shares. 5,333,267 options (ex $0.03,exp30/11/2016)	A nd rew B eckwith P enand P ty L td < B eckwith Su per Fu nd A /C >
N u mberdisposed	N /A .
V alu e/C onsideration N ote:Ifconsid erationis non-cash,provid e d etails and estimated valu ation	$40,002.
N o.ofsecu rities held afterchange 3,292,196 ord inaryfu llypaid shares. 1,333,333options (ex $0.03,exp30/11/2016) 5,905,994 ord inaryfu llypaid shares 5,333,267 options (ex $0.03,exp30/11/2016) 300,000 ord inaryfu llypaid shares.	A nd rew B eckwith P enand P tyL td P enelope B eckwith
N atu re of change Example:on-markettrad e,off-markettrad e,exercise of options,issu e of secu rities u nd erd ivid end reinvestmentplan,participationinbu y-back	Su bscription to 2,666,8 00 shares at$0.015 each,with 2,666,8 00 free attaching options, and 3,999,8 00 free attaching options to a placementin A u gu st2014 issu ed followed sharehold er approval received on 26 September2014.

P art2 –C hange ofdirector’s interests in contracts

N ote:Inthe case ofacompany,interests whichcome withinparagraph(ii)ofthe d efinitionof“notifiable interestofad irector”shou ld be d isclosed inthis part.

D etailof contract	N /A .
N atu re of interest	N /A .
N ame of registered holder (if issu ed secu rities)	N /A .
D ate of change	N /A .
N o.and class of secu rities to which interestrelated priortochange N ote:D etails are only requ ired for a contractin relation to which the interesthas changed	N /A .

+See chapter19 ford efined terms.

A ppend ix 3Y P age 2

11/3/2002

A ppendix 3Y C hange of D irector’s InterestN otice

Interestacqu ired	N /A .
Interestdisposed	N /A .
V alu e/C onsideration N ote: If consid eration is non-cash,provid e d etails and an estimated valu ation	N /A .
Interestafterchange	N /A .

P art3–C losed P eriod

P art3–C losed P eriod
W ere the interests in the secu rities or contracts detailed above traded du ring a +closed period where prior written clearance was requ ired?	N o.
If so,was priorwritten clearance provided to allow the trade to proceed du ring this period?	N /A .
If priorwritten clearance was provided,on whatdate was this provided?	N /A .

+See chapter19 ford efined terms.

A ppend ix 3Y P age 3

11/3/2002