COPPERMOLY LIMITED — Director's Dealing 2014

May 25, 2014

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.

Name of entity	COPPERMOLY LTD
ABN	54 126 490 855

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	BEN FAULKNER
DATE OF LAST NOTICE	4 DECEMBER 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
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to
the relevant interest.
Date of change	26 MAY 2014
No. of securities held prior to change	2,743,180	0
Class	ORDINARY	LISTED OPTIONS
Number acquired	2,743,180	914,393
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$54,863.60 (i.e.$0.02 per share)	Issued as part of theentitlement offer forno additional
		consideration
No. of securities held after change	5,486,360	914,393
Nature of change
Example: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment	PARTICIPATION IN ENTITLEMENT OFFER
plan, participation in buy-back

Appendix 3Y Change of Director’s Interest Notice

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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

Part 3 – Closed Period

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----- Start of picture text ----- Were the interests in the securities orcontracts detailed above traded during a NOclosed period where prior written clearancewas required?If so, was prior written clearance providedto allow the trade to proceed during this N/Aperiod?If prior written clearance was provided, onwhat date was this provided? N/A----- End of picture text -----

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1