DREADNOUGHT RESOURCES LTD — Director's Dealing 2013

May 20, 2013

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 ERO MINING LIMITED

ABN 40 119 031 864

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	JOSEPH FRED HOULDSWORTH
Date of appointment	14 MAY 2013

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

N/A

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving	Number & class of Securities
rise to the relevant interest.LONE HAND & ASSOCIATESPTY LTD as trustee for theHouldsworth-Moffett Family Trust	1,000,000 ORDINARY SHARES20,000,000 RETENTION RIGHTS: 50% of therights will vest on the first anniversary ofemployment and 50% of the rights will vest of thesecond anniversary of employment. Upon vestingMr Houldsworth will be issued with 1 fully paidordinary share in ERO for each right, for noconsideration.
Part 3 – Director’s interests in contractsNote: In the case of a company, interests which come wibe disclosed in this part.	thin paragraph (ii) of the definition of “notifiable interest of a director” should

Part 3 – 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 holderf	N/A
(i issued securities)
No. and class of securities to which	N/A
interest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002