ENERGY TRANSITION MINERALS LTD — Director's Dealing 2011

May 5, 2011

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	GREENLAND MINERALS AND ENERGY LIMITED
ABN	85 118 463 004

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	SIMON KENNETH CATO
Date of last notice	18/04/2011

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	2,470,200 shares 3,650,000 listed options 2,200,000 unvested unlisted director options
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Simon Cato Super Fund 250,000 shares 250,000 quoted options
	Rosemont Asset Pty Ltd (wholly owned company of Simon Cato) 120,000 shares
Date of change	29/04/2011
No. of securities held prior to change	920,100 shares 5,200,100 quoted options 2,200,000 unvested unlisted directoroptions
Class	Shares
Number acquired	1,550,100 shares by exercise of listed options
Number disposed	0
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$310,020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 2,470,200 shares 3,650,000 quoted options 2,200,000 unvested unlisted director options Nature of change Exercise of quoted options Example: on-market trade, off-market trade, exercise of options, issue of 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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No - Exercise of options are an action exempt from closed period restriction. Referpt15 SecuritiesTradingPolicy.
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011