DEEP YELLOW LIMITED — Director's Dealing 2010

Nov 28, 2010

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.

Name of entity	DEEP YELLOW LIMITED
ABN	97 006 391 948

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	Mervyn Greene
Date of last notice	1 December 2010

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
(including registered holder)Note: Provide details of the circumstances giving rise to	HSBC Custody Nominees (Australia) Limited onbehalf of entities associated with Mervyn Greene
therelevantinterest.
Date of change	22 November 2010
No. of securities held prior to change	22,700,000 ordinary shares held directly by Mervyn
	Greene
	51,616,667 ordinary shares held by HSBC Custody
	Nominees (Australia) Limited
Class	Ordinary Shares
Number acquired	330,000
Number disposed	330,000
Value/Consideration
Note: If consideration is non-cash, provide details andestimated valuation	$89,100

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	22,370,000 ordinary shares held directly by Mervyn
	Greene
	51,946,667 ordinary shares held by HSBC Custody
	Nominees (Australia) Limited
Nature of change
Example: on-market trade, off-market trade, exercise of	Off Market transfer between related entities, no
options, issue of securities under dividend reinvestmentplan, participation in buy-back	change in beneficial ownership

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to
which interest related prior tochange	N/A
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration
Note: If consideration is non-cash, provide details	N/A
and an estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 2