EMERALD RESOURCES NL — Director's Dealing 2016

Oct 9, 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	EMERALD RESOURCES NL
ACN	009 795 046

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	Justin Tremain
Date of last notice	30 September 2016

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 (2)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect (1) Justin and Sasha Tremain < J & S Tremain Superfund A/C> Indirect (2) Justin and Sasha Tremain < J & S Tremain Family A/C>
Date of change	5 October 2016
No. of securities held prior to change	Nil
Class	(i) Fully Paid Ordinary Shares (ii) Unlisted $0.0645 Options expiring 15 October 2017 (iii) Unlisted $0.0323 options expiring 30 September 2020

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired (i) 4,340,000 Fully Paid Ordinary Shares (ii) 5,812,500 Unlisted $0.0645 Options expiring 15 October 2017 (iii) 6,200,000 Unlisted $0.0323 options expiring 30 September 2020 Number disposed Nil Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation (i) Issued as consideration in accordance with the terms of Emerald’s off-market takeover offer for all of the shares in Renaissance Minerals Limited (ASX:RNS) (“RNS”) that Emerald does not already own on the terms set out in Emerald’s Bidders Statement dated 19 August 2016 (“Takeover Offer”). (ii) and (iii) Issued as consideration as an RNS option holder who transferred their RNS options to Emerald pursuant to Option Transfer Deeds between Emerald and those who previously held RNS options. No. of securities held after change Indirect (1) 4,340,000 Fully Paid Ordinary Shares Indirect (2) 5,812,500 Unlisted $0.0645 Options expiring 15 October 2017 6,200,000 Unlisted $0.0323 options expiring 30 September 2020 Nature of change Example: on-market trade, off-market trade, exercise of options, issue of (i) Issued as consideration in accordance with securities under dividend reinvestment plan, participation in buy-back the Takeover Offer. (ii) and (iii) Issued pursuant to Option Transfer Deeds between Emerald and those who previously held RNS options pursuant to which Emerald acquired all existing RNS options.

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts - N/A

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 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

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

• See chapter 19 for defined terms.

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