CLARA RESOURCES AUSTRALIA LTD — Director's Dealing 2012

Mar 4, 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 30/9/2001. Amended 01/01/2011

Name of entity	AusNiCo Limited
ABN	84 122 957 322

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	Nicholas Mather
Date of last notice	3 February 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	Direct & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Samuel Capital Pty Ltd (Director is director and controlling shareholder) Samuel Holdings Pty Ltd (Director is a director and may be a beneficiary of the trust from time to time) Lionhearted Pty Ltd (Director is director and controlling shareholder) Airhawk Pty Ltd (Director is director and controlling shareholder) Judith Mather (wife of Director) Mather Foundation Ltd (Director is a director) Nicholas & Judith Mather (Director is a trustee and member)
Date of change	1 March 2012

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Appendix 3Y Change of Director’s Interest Notice
No. of securities held before change Nicholas Mather Samuel Capital Pty Ltd Samuel Holdings Pty Ltd Lionhearted Pty Ltd Airhawk Pty Ltd Judith Mather Nicholas & Judith Mather	10,000 Ordinary Shares 500,000 Unlisted Options (30 cents, 19/11/2013) 10,000 Ordinary Shares 2,568,750 Ordinary Shares 10,000 Ordinary Shares 10,000 Ordinary Shares 40,000 Ordinary Shares 10,000 Ordinary Shares
Total	2,658,750 Ordinary Shares 500,000 Unlisted Options (30 cents, 19/11/2013)
Class	ANW (Ordinary Shares) ANWO1 (Unlisted Options, subject to Escrow)
Number acquired Mather Foundation Ltd	500,000 Ordinary Shares
Number disposed Samuel Holdings Pty Ltd	500,000 Ordinary Shares
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	Nil. Shares were transferred as gift. Current market value estimate $20,000.
No. of securities held after change Nicholas Mather Samuel Capital Pty Ltd Samuel Holdings Pty Ltd * Lionhearted Pty Ltd Airhawk Pty Ltd Judith Mather Mather Foundation Limited Nicholas & Judith Mather	10,000 Ordinary Shares 500,000 Unlisted Options (30 cents, 19/11/2013) 10,000 Ordinary Shares 2,068,750 Ordinary Shares 10,000 Ordinary Shares 10,000 Ordinary Shares 40,000 Ordinary Shares 500,000 Ordinary Shares 10,000 Ordinary Shares
Total	2,658,750 Ordinary Shares 500,000 Unlisted Options (30 cents, 19/11/2013)
Nature of change	Gift (via Off Market Transfer).

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

*** Note:**

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 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

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?
If prior written clearance was provided, on what date was this provided?

K Schlobohm

Company Secretary 5 March 2012

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 3