EMU NL — Director's Dealing 2013

Feb 27, 2013

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:	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	George Sakalidis
Date of last notice	20 February 2013
Date of this notice	28 February 2013

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	(i)Direct(ii)Indirect(iii)Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	(ii)G & J Sakalidis <Sakalidis SuperFund> interest held as trustee for asuperannuation fund(iii)Leeman Pty Ltd, a companycontrolled by Mr Sakalidis
Date of change/s	27 February 2013
No. of securities held prior to change	(i)1,562,811 fully paid ordinary shares225,225 Contributing Shares (paid asto $0.03, unpaid as to $0.03)252,804 unlisted options exercisableat $0.5874 expiring 22/12/2014919,588 unlisted options exercisableat $1.0878 expiring 27/12/2013(ii)55,617 fully paid ordinary shares55,617 Contributing Shares (paid asto $0.03, unpaid as to $0.03)(iii)512,738 fully paid ordinary shares234,418 Contributing Shares (paid asto $0.03, unpaid as to $0.03)

Emu Nickel NL - Appendix 3Y Lodged with ASX 28/02/2013

Appendix 3Y Change of Director’s Interest Notice

Class	Unlisted options exercisable at $1.0878expiring 27/12/2013
Number acquired	Nil
Number disposed	(i)919,588 unlisted options exercisableat $1.0878 expiring 27/12/2013
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	N/A
No. of securities held after change	(i)1,562,811 fully paid ordinary shares225,225 Contributing Shares (paid asto $0.03, unpaid as to $0.03)252,804 unlisted options exercisableat $0.5874 expiring 22/12/2014(ii)55,617 fully paid ordinary shares55,617 Contributing Shares(paid asto $0.03, unpaid as to $0.03)(iii)512,738 fully paid ordinary shares234,418 Contributing Shares (paid asto $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	Expiry of Options

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	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 Nickel NL - Appendix 3Y Lodged with ASX 28/02/2013

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?28 February 2013Dennis WilkinsCompany Secretary----- End of picture text -----

Emu Nickel NL - Appendix 3Y Lodged with ASX 28/02/2013