DEVEX RESOURCES LIMITED — Director's Dealing 2011

Sep 1, 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	Bryn Jones
Date of last notice	17 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	Mr Bryn Llywelyn Jones and Mrs Kellie Nicole
(including registered holder)	Jones ATF the Jones Family Trust
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	1 September 2011
No. of securities held prior to change	Direct Interest:
	20,000 fully paid ordinary shares
	700,000 unlisted options expiring 1 September
	2011 exercisable at $0.35
	1,000,000 unlisted options expiring 1 July 2012
	exercisable at $0.30
	300,000 unlisted options expiring 1 March 2013
	exercisable at $0.30
	Indirect interest (see above):
	378,410 fully paid ordinary shares
	1,000,000 unlisted options expiring 25 November
	2013 exercisable at $0.25

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares and unlisted options toacquire fully paid ordinaryshares
Number acquired	Nil
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Direct Interest:20,000 fully paid ordinary shares1,000,000 unlisted options expiring 1 July 2012exercisable at $0.30300,000 unlisted options expiring 1 March 2013exercisable at $0.30Indirect interest (see above):378,410 fully paid ordinary shares1,000,000 unlisted options expiring 25 November2013 exercisable at $0.25
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Expiry of 700,000 unlisted options exercisable at$0.35

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated 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.

01/01/2011 Appendix 3Y Page 3