CATALINA RESOURCES LTD — Director's Dealing 2011

Dec 14, 2011

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 Shree Minerals Limited ABN 74130618683

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Mahendra Pal
Date of last notice	21.01.2011

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 relevantinterest.	Please see “Annexure A”
Date of change	15.12.2011
No. of securities held prior to change	Please see “Annexure A”
Class	Share Performance Rights
Number acquired	1,000,000
Number disposed	Not Applicable
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Please see “Annexure A”
Nature of change	Grant of Share Performance Rights to Mr.
Example: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back	Mahendra Pal as per the approvalreceived from the members at the Annual
	General Meeting.

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	Not Applicable
Nature of interest	Not Applicable
Name of registered holder	Not Applicable
(if issued securities)
Date of change	Not Applicable
No. and class of securities to which	Not Applicable
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/Consideration	Not Applicable
Note: If consideration is non‐cash, provide details
and an estimated valuation
Interest after change	Not Applicable

Part 3 –[+] Closed period

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	Not Applicable
to proceed during this period?
If prior written clearance was provided, on what date was this	Not Applicable
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	Annexure "A"**Prior Holdins **
	**g **
	SL	PARTICULARS	Direc	t/ Indirect		No of Securi		ties	Secu		rity Type
	NO
1Mahendra PalDirect1,000,000									Optionsexercisable at $0.20each on or before31 October 2012classified asrestrictedsecurities and heldin escrow until 18February2012
2		Mahendra Pal	Direct			150,000			Fully PaidOrdinaryShares
3		Rekha Pal							Fully Paid
	3	(spouse of Mr.Mahendra Pal)	Indirect			150,0	00		Ord	inary Shares
	POST

POST HOLDINGS

	SLNO	PARTICULARS	PARTICULARS	PARTICULARS	Direct/ Indirect	Direct/ Indirect	No of Securities	No of Securities	No of Securities	Security Type	Security Type	Security Type
	1	Mahendra Pal			Direct		1,000,000			Optionsexercisable at $0.20each on or before31 October 2012classified as
										rsecur		estrictedities and held
										in esFe		crow until 18bruary2012
	2	Ma		hendra Pal	Direct		1500		00	F		ully Paid
							,			OrdinaryShares
	3	Mahendra Pal			Direct		1,000,000			Share PerformanceRights asapproved by themembers of theCompany in theAnnual GeneralMeeting
4	4		Rekha Pal(spouse of Mr.Mahendra Pal)		Indirect			150,000			Fully PaidOrdinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3