DEVEX RESOURCES LIMITED — Director's Dealing 2011

Dec 14, 2011

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 URANIUM EQUITIES LIMITED

ABN 74 009 799 553

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	Tim Goyder
Date of last notice	21 March 2011

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 interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Plato Prospecting Pty Ltd (ACN 008 964 896) astrustee for TRB Goyder Superannuation Fund.Tim Goyder is the sole Director and Shareholderof Plato Prospecting Ltd and a member of theTRB Goyder Superannuation Fund.
Date of change	14 December 2011
No. of securities held prior to change	Direct interest:28,624,199 fully paid ordinary shares1,000,000 unlisted options expiring 25 November2013 exercisable at $0.25Indirect interest:1,350,000 fully paid ordinary shares held by PlatoProspecting Pty Ltd as trustee for TRB GoyderSuperannuation Fund.
Class	Fully paid ordinary shares
Number acquired	Direct interest:6,559,000 fully paid ordinaryshares
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$327,950
No. of securities held after change	Direct interest:35,183,199 fully paid ordinary shares1,000,000 unlisted options expiring 25 November2013 exercisable at $0.25Indirect interest:1,350,000 fully paid ordinary shares held by PlatoProspecting Pty Ltd as trustee for TRB GoyderSuperannuation Fund.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	6,559,000 fully paid ordinary shares were acquiredas a result of Mr Goyder sub-underwriting acomponent of the shortfall in relation to UraniumEquities Limited’s Offer Document dated 3November 2011.

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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011