EASTERN RESOURCES LIMITED — Director's Dealing 2014

Nov 20, 2014

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 Eastern Iron Limited ABN 70 126 678 037

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	Mr Michael H Giles
Date of last notice	10 October 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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Harland Capital Fund LLCMr Giles is the CEO of Harland Group PtyLtd which is the managing member ofHarland Capital Fund LLC.
Date of change	21 November 2014
No. of securities held prior to change	16,901,378 ordinary shares ‐ indirect
Class	Unlisted options exercisable at $0.045 andexpiring on 19 November 2017.
Number acquired	450,000
Number disposed	‐
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Nil
No. of securities held after change	16,901,378 ordinary shares – indirect450,000 unlisted options ‐ indirect

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Grant of options to the Director as Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in approved by shareholders at the buy‐back Company’s AGM held on 19 November 2014.

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	NA
Nature of interest	Na
Name of registered holder(if issued securities)	NA
Date of change	NA
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	NA
Interest acquired	NA
Interest disposed	NA
Value/ConsiderationNote: If consideration is non‐cash, provide detailsand an estimated valuation	Nil
Interest after change	NA

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011