EMU NL — Director's Dealing 2013

May 9, 2013

Appendix 3Y Change of Director’s Interest Notice

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:	EMU 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	5 April 2013
Date of this notice	10 May 2013

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

Direct or indirect interest	(i)Direct(ii)Indirect(iii)Indirect(iv)Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	(ii)P S Thomas <Waterford RetirementPlan A/C> interest held as trustee fora superannuation fund(iii)Relevant interest in a Super MetalsCorporation Pty Ltd(iv)Relevant interest in Bullantco Pty Ltd
Date of change/s	10 May 2013
No. of securities held prior to change	(i)37,501 fully paid ordinary shares438,540 Contributing Shares (paid asto $0.03, unpaid as to $0.03)183,585 unlisted options exercisableat $0.5874 expiring 22/12/2014(ii)4,628,825 fully paid ordinary shares4,628,825 Contributing Shares (paidas to $0.03, unpaid as to $0.03)(iii)33,589 fully paid ordinary shares33,589 Contributing Shares (paid asto $0.03, unpaid as to $0.03)(iv)802,078 fully paid ordinary shares
Class	Contributing Shares (paid as to $0.03, unpaidas to $0.03)
Number acquired	(iv)14,747,964ContributingShares(paid as to $0.03, unpaid as to $0.03)

Emu NL - Appendix 3Y Lodged with ASX 10/05/2013

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	(iv)$442,438.92
No. of securities held after change	(i)37,501 fully paid ordinary shares438,540 Contributing Shares (paid asto $0.03, unpaid as to $0.03)183,585 unlisted options exercisableat $0.5874 expiring 22/12/2014(ii)4,628,825 fully paid ordinary shares4,628,825 Contributing Shares (paidas to $0.03, unpaid as to $0.03)(iii)33,589 fully paid ordinary shares33,589 Contributing Shares (paid asto $0.03, unpaid as to $0.03)(iv)802,078 fully paid ordinary shares14,747,964 Contributing Shares(paid as to $0.03, unpaid as to $0.03)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of Contributing Shares as approved byshareholders at a General Meeting held on11 April 2013

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 interestrelated prior to change
Interest acquired
Interest disposed
Value/Consideration
Interest after change

Emu NL - Appendix 3Y Lodged with ASX 10/05/2013

Appendix 3Y Change of Director’s Interest Notice

Part 3 – Closed period

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----- Start of picture text ----- Were the interests in the securities or contracts detailed Noabove traded during a closed period where prior writtenclearance was required?If so, was prior written clearance provided to allow the N/Atrade to proceed during this period?If prior written clearance was provided, on what date was N/Athis provided?10 May 2013Dennis WilkinsCompany Secretary----- End of picture text -----

Emu NL - Appendix 3Y Lodged with ASX 10/05/2013