DISCOVERY ALASKA LIMITED — Director's Dealing 2016

Aug 16, 2016

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 Discovery Africa Limited ABN 50 147 324 847

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	Graham Walker
Date of last notice	10 April 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	Indirect & Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mr Graham Walker & Mrs Thelma JWalker <Walker Super Fund A/C>(Director & Beneficiary)
Date of change	10 August 2016
No. of securities held prior to change	Mr Graham Walker & Mrs Thelma JWalker<WalkerSuperFundA/C>(Director&Beneficiary)-4,700,000Fully Paid Ordinary SharesGrahamGeoffrey&MrsThelmaJWalker- 4,100,000 Fully Paid OrdinarySharesGraham Geoffrey Walker- 400,000 FullyPaid OrdinaryShares
Class	Fully paid Ordinary Shares
Number acquired	75,000
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated	$0.015 per	share
valuation
Securities held after change	Mr Graham		Walker & Mrs			Thelma		J
	Walker	<Walker		Super	Fund		A/C>
	(Director	&	Beneficiary)-			4,775,000
	Fully Paid Ordinary			Shares
	Graham	Geoffrey		&Mrs		Thelma		J
	Walker-	4,100,000		Fully Paid Ordinary
	Shares
	Graham Geoffrey Walker- 400,000						Fully
	Paid Ordinary		Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,	On-market	trade
issue of securities under dividend reinvestment plan, participation in
buy-back

Part 2 – Change of director’s interests in contracts

Part 2 – Change of director’s interests in contracts	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 thispart.
Detail of contract	NIL
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

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?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011