CORE LITHIUM LTD — Director's Dealing 2015

Jan 29, 2015

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	Core Exploration Limited
ABN	80 146 287 809

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	GregoryENGLISH
Date of last notice	3 November 2014

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 and Indirect
Nature of indirect interest	1. Mr English is a director of and	has
(including registered holder)	a beneficial interest in	the
Note: Provide details of the circumstances giving rise to the relevant interest.	registered holder LEC Nominees
	Pty Ltd ATF LEC Superannuation
	Fund (LEC).
	2. Mr English is a director of and	has
	a beneficial interest in	the
	registered holder GDE Exploration
	(SA)PtyLtd(GDE Exp).
Date of change	29 January 2015
No. of securities held prior to change	40,000 Shares held by Mr English
	2,025,000 Shares held by LEC
	4,000,000 Shares held by GDE Exp
	1,000,000 Performance Rights held	by
	LEC

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Shares - Fully paid ordinary shares. Performance Rights – subject to satisfaction of performance conditions by 31/12/14 and 31/12/15.
Number acquired	Nil
Number disposed	500,000 Performance Rights
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	40,000 Shares held by Mr English 2,025,000 Shares held by LEC 4,000,000 Shares held by GDE Exp 500,000 Performance Rights held by LEC
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Lapse of Performance Rights – performance condition not met.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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.

Detail of contract	Not applicable
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?	Not applicable
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?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3