ENCOUNTER RESOURCES LIMITED — Director's Dealing 2010

Dec 1, 2010

Level 7, 600 Murray Street West Perth WA 6005

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PO Box 273 West Perth WA 6872

P 08 9486 9455 F 08 6210 1578 www.enrl.com.au

ASX : ENR

2 December 2010

Company Announcements Office Australian Securities Exchange Level 4 20 Bridge St Sydney NSW 2000

Appendix 3Y – Change of Director’s Interest Notices

Please find attached Appendix 3Y Change of Directors Interest Notices for Mr Peter Bewick and Dr Jon Hronsky.

Yours sincerely

Encounter Resources Limited

Kevin Hart

Company Secretary

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 30/9/2001.

Name of entity Encounter Resources Limited ABN 47 109 815 796

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 Bewick
Date of last notice	10 April 2008

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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	26 November 2010
No. of securities held prior to change Solvista Pty Ltd P & S Bewick P Bewick (direct)	 4,650,000 ordinary fully paid shares;  75,000 ordinary fully paid shares;  400,000 unlisted options exercisable at 55 cents each on or before 30 November 2012;  400,000 unlisted options exercisable at 70 cents each on or before 30 November 2012.
Class	Unlisted options exercisable at $1.35 each on or before 22 November 2014
Number acquired	3,500,000
Number disposed	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/a
No. of securities held after change Solvista Pty Ltd P & S Bewick P Bewick (direct)	 4,650,000 ordinary fully paid shares;  3,000,000 unlisted options exercisable at $1.35 each on or before 22 November 2014;  75,000 ordinary fully paid shares;  500,000 unlisted options exercisable at $1.35 each on or before 22 November 2014.  400,000 unlisted options exercisable at 55 cents each on or before 30 November 2012;  400,000 unlisted options exercisable at 70 cents each on or before 30 November 2012;
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options issued pursuant to shareholder approval.

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)	N/a
Date of change	N/a
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	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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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 30/9/2001.

Name of entity Encounter Resources Limited ABN 47 109 815 796

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	Jon Hronsky
Date of last notice	21 December 2007

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	26 November 2010
No. of securities held prior to change	 500,000 unlisted options exercisable at 53.5 cents each on or before 30 November 2012
Class	Unlisted options exercisable at $1.35 each on or before 22 November 2014
Number acquired	800,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

 500,000 unlisted options exercisable at 53.5 cents each on or before 30 November 2012;  800,000 unlisted options exercisable at $1.35 each on or before 22 November 2014;

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of Options issued pursuant to shareholder approval. securities under dividend reinvestment plan, participation in buy-back

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)	N/a
Date of change	N/a
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	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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