EMU NL — Director's Dealing 2017

Mar 21, 2017

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 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	Gregory Hugh Steemson
Date of last notice	14 March 2017

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	(i) N/A(ii) G H Steemson Family SuperannuationFund, interest held as trustee for asuperannuation fund
Date of change	17 March 2017
No. of securities held prior to change	(i) 1,750,000 options ($0.10, 20/12/18)(ii) 6,393,965 fully paid ordinary shares9,570,884 contributing shares (paid as to$0.03, unpaid as to $0.03)1,113,047 options ($0.10, 30 March 2017)
Class	Refer above and below
Number acquired	(ii) 1,113,047 fully paid ordinary shares
Number disposed	(ii) 1,113,047 listed options ($0.10, 30/3/17)
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	(ii) $0.10 per share; options converted to shares
No. of securities held after change	(i)1,750,000 options ($0.10, 20/12/18)(ii) 7,507,012 fully paid ordinary shares9,570,884 contributing shares (paid as to$0.03, unpaid as to $0.03)
Nature of change	(ii) Exercise of listed options ($0.10, 30/3/17)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Detailof contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in relation to which
theinteresthas changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimatedvaluation
Interest after change	N/A

Part 3 – Closed period

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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2