ENTERPRISE METALS LIMITED — Director's Dealing 2012

Sep 13, 2012

ENTERPRISE METALS LIMITED ABN 43 123 567 073

14 September 2012

The Manager ASX Limited Exchange Plaza Level 8, 2 The Esplanade PERTH WA 6000

Dear Sir

APPENDIX 3Y – CHANGE OF DIRECTOR’S INTEREST NOTICE

We attach Appendix 3Y Change of Director’s Interest Notice for the following Directors of Enterprise Metals Limited (“the Company”):

• Dr Jingbin Wang;

• Mr Dermot Ryan;

• Ms Anna Mao

• Mr Paul Hallam;

• Dr Zhen Huang; and

• Dr Allan Trench;

These notices have been prepared pursuant to the issue of options to Directors approved by Shareholders at the General Meeting held 29 August 2012.

The Company notes Appendix 3Y for Ms Anna Mao includes 15,000,000 unlisted options (held indirectly by Ms Mao) which have not previously been disclosed due to administrative oversight. These options were issued in July 2011 pursuant to Shareholder approval obtained on 30 June 2011.

The Company believes it has adequate arrangements in place which includes processes to inform the Company’s directors of their obligations to advise the Company of security trading activity and acknowledgments from directors of their obligations in relation to those matters.

The Company does not believe the current arrangement to be inadequate.

If you have any queries, please contact Dennis Wilkins.

Yours sincerely,

Dennis Wilkins

Company Secretary

Level 1, Menzies House 640 Murray Street West Perth Western Australia 6005 PO Box 992 West Perth WA 6872 Tel: (+61 8) 9436 9200 Fax: (+61 8) 9436 9220 admin@enterprisemetals.com.au www.enterprisemetals.com.au

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	ENTERPRISE METALS LIMITED
ACN	123 567 073

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	Dr Jingbin Wang
Date of last notice	19 July 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	11 September 2012
No. of securities held prior to change	Nil
Class	Unlisted Options ($0.177, expiry 11/09/2015)
Number acquired	1,500,000 unlisted options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• 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	1,500,000 unlisted Options ($0.177, expiry 11/09/2015)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options pursuant to Shareholder approval at a General Meeting held 29 August 2012.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

No

N/A

N/A

==> picture [148 x 64] intentionally omitted <==

Dennis Wilkins Company Secretary

14 September 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	ENTERPRISE METALS LIMITED
ACN	123 567 073

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	Dermot Ryan
Date of last notice	8 June 2012

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(a) Dermot Michael Ryan & Vivienne Eleanor Ryan (b) Dermot Michael Ryan & Vivienne Eleanor Ryan
Date of change	11 September 2012
No. of securities held prior to change	(a) 5,000,000 fully paid ordinary shares (b) 7,075,000 fully paid ordinary shares 1,500,000 unlisted options, exercise price $0.25 expiry22/11/2012
Class	Unlisted options ($0.177, expiry 11/09/2015)
Number acquired	(b) 2,500,000 unlisted options ($0.177, expiry 11/09/2015)
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• 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	(a) 5,000,000 fully paid ordinary shares (b) 7,075,000 fully paid ordinary shares 1,500,000 unlisted options ($0.25, expiry 22/11/2012) 2,500,000 unlisted options ($0.177, expiry 11/09/2015)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options pursuant to Shareholder approval at a General Meeting held 29 August 2012.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

No

N/A

N/A

==> picture [148 x 64] intentionally omitted <==

Dennis Wilkins Company Secretary

14 September 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	ENTERPRISE METALS LIMITED
ACN	123 567 073

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	Anna (Ge) Mao
Date of last notice	19 July 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	(a) Direct (b) Indirect (c) Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(b) Worldtex Capital Resources Limited – A Company associated with Ms Mao. (c) Mega Capital Resources Limited – A Company associatedwith MsMao
Date of change	11 September 2012
No. of securities held prior to change	(b) 5,000,000 fully paid ordinary shares 1,612,903 Unlisted Options ($0.25 expiry 01/06/2013) 15,000,000 Unlisted options ($0.25, expiry 12/07/2014) (c) 1,500,000 fully paid ordinary shares 483,871 unlisted options ($0.25, expiry 01/06/2013)
Class	Unlisted options ($0.177, expiry 11/09/2015)
Number acquired	900,000 unlisted options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• 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	(a) 900,000 Unlisted Options ($0.177, expiry 11/09/2015) (b) 5,000,000 fully paid ordinary shares 1,612,903 Unlisted Options ($0.25 expiry 01/06/2013) 15,000,000 Unlisted options ($0.25, expiry 12/07/2014) (c)1,500,000 fully paid ordinaryshares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options pursuant to Shareholder approval at a General Meeting held 29 August 2012.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

No

N/A

N/A

==> picture [148 x 64] intentionally omitted <==

Dennis Wilkins Company Secretary

14 September 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	ENTERPRISE METALS LIMITED
ACN	123 567 073

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	Paul Hallam
Date of last notice	31 August 2012

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	(a) Direct (b) Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevantinterest.	(b) Hallam Superannuation Fund
Date of change	11 September 2012
No. of securities held prior to change	(b) 436,667 fully paid ordinary shares
Class	Unlisted Options ($0.177, expiry 11/09/2015)
Number acquired	(a) 900,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• 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	(a) 900,000 Unlisted Options ($0.177, expiry 11/09/2015) (b) 436,667 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options pursuant to Shareholder approval at a General Meeting held 29 August 2012.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

No

N/A

N/A

==> picture [148 x 64] intentionally omitted <==

Dennis Wilkins Company Secretary

14 September 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	ENTERPRISE METALS LIMITED
ACN	123 567 073

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	Dr Zhen Huang
Date of last notice	19 July 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	11 September 2012
No. of securities held prior to change	Nil
Class	Unlisted Options ($0.177, expiry 11/09/2015)
Number acquired	900,000 Unlisted Options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• 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	900,000 Unlisted Options ($0.177 expiry 11/09/2015)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options pursuant to Shareholder approval at a General Meeting held 29 August 2012.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

No

N/A

N/A

==> picture [148 x 64] intentionally omitted <==

Dennis Wilkins Company Secretary

14 September 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	ENTERPRISE METALS LIMITED
ACN	123 567 073

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	Allan Trench
Date of last notice	20 August 2012

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	(a) Direct (b)Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevantinterest.	(b) A & SL Trench Fund>
Date of change	11 September 2012
No. of securities held prior to change	(b) 50,000 fully paid ordinary shares
Class	Unlisted Options ($0.177, expiry 11/09/2015)
Number acquired	(a) 900,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	(a) 900,000 Unlisted Options ($0.177, expiry 11/09/2015) (b) 50,000 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of options as approved by Example: on-market trade, off-market trade, exercise of options, Shareholders at a General Meeting held 29 issue of securities under dividend reinvestment plan, participation in buy-back August 2012.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

No

N/A

N/A

==> picture [148 x 64] intentionally omitted <==

Dennis Wilkins Company Secretary

14 September 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3