DEEP YELLOW LIMITED — Director's Dealing 2013

Dec 4, 2013

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 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	Greg Cochran
Date of last notice	2 December 2013

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.	N/A
Date of change	4 December 2013
No. of securities held prior to change	12,500,000 performance share rights due to vest at various dates and subject to certain time and performance related conditions: 800,000 vesting on 1 Dec 2013 3,450,000 vesting on 1 Dec 2014 5,250,000 vesting on 1 Dec 2015 3,000,000 vesting on 1 Dec 2016 1,500,000 ordinary shares
Class	Ordinary Shares and Performance Share Rights
Number acquired	a) 250,000 ordinary shares
Number disposed	a) – b) 550,000 performance share rights (lapsed) c) 250,000 performance share rights converted to shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) Nil b) Nil c) 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 11,700,000 performance share rights due to vest at various dates and subject to certain time and performance related conditions: 3,450,000 vesting on 1 Dec 2014 5,250,000 vesting on 1 Dec 2015 3,000,000 vesting on 1 Dec 2016 1,750,000 ordinary shares Nature of change Allotment of shares on vesting of performance Example: on-market trade, off-market trade, exercise of options, issue of share rights securities under dividend reinvestment plan, participation in buy-back Lapsing of performance share rights if vesting conditions not met

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
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 No above traded during a[+] closed period where prior written clearance was required? 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.

Appendix 3Y Page 2

01/01/2011