EMU NL — Director's Dealing 2012

Feb 26, 2012

Appendix 3Y

Change of Director’s Interest Notice

Name of entity	EMU NICKEL NL
ABN:	50 127 291 927

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	Peter Sisley Thomas
Date of last notice	30 December 2009
Date of this notice	24 February 2012

Part 1 - Change of director’s relevant interests in securities

Direct or indirect interest	Direct and Indirect
Nature of indirect interest(including registered holder)	Indirect interest held by PS Thomas as joint trustee fora superannuation fund
Date of change/s	16 February 2012
No. of securities held prior to change	406,242 fully paid ordinary shares400,000 options to acquire fully paid ordinary sharesexercisable on or before 22.12.2014 at $0.27 each
Class	Fully paid ordinary shares
Number acquired	157,184
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$16,504
No. of securities held after change	563,426 fully paid ordinary shares400,000 options to acquire fully paid ordinary sharesexercisable on or before 22.12.2014 at $0.27 each
Nature of change	Purchase on market

Emu Nickel NL - Appendix 3Y Lodged with ASX 24/02/2012

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Interest acquired
Interest disposed
Value/Consideration
Interest after change

Part 3 – Closed period

Part 3 – Closed period
Were the interests in the securitiesor contracts detailed above tradedduring a closed period where priorwritten clearance was required?	No
If so, was prior written clearanceprovided to allow the trade toproceed during this period?	N/A
If prior written clearance wasprovided, on what date was thisprovided?	N/A

Emu Nickel NL - Appendix 3Y Lodged with ASX 24/02/2012