ENTERPRISE METALS LIMITED — Director's Dealing 2016

Apr 3, 2016

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 Ltd ABN 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	31 December 2014

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	Indirect
Nature of indirect interest	D.	M. Ryan & V. E. Ryan <RF Super Fund
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	A/C> (trustee and beneficiary of account)
interest.
Date of change	31	March 2016
No. of securities held prior to change	Indirect
		D. M. Ryan & V. E. Ryan <The
		Enterprise A/C> -
		5,000,000 fully paid ordinary shares.
		D. M. Ryan & V. E. Ryan <RF Super
		Fund A/C>
		8,275,000 fully paid ordinary shares.
		250,000unlistedoptions ($0.08;
		expiry 30/11/16).
		2,500,000 unlisted options ($0149;
		expiry 11/9/15).
Class	Fully paid ordinary shares.
Number acquired	555,555 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

Number disposed	Nil.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.018 per fully paid ordinary share.
No. of securities held after change	IndirectD. M. Ryan & V. E. Ryan <TheEnterprise A/C> -5,000,000 fully paid ordinary shares.D. M. Ryan & V. E. Ryan <RF SuperFund A/C>8,830,555 fully paid ordinary shares.250,000unlistedoptions ($0.08;expiry 30/11/16).Note - 2,500,000 unlisted optionsexercisable at $0149 each expired on expiry11/9/15.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of fully paid ordinary sharespursuant to the Share Purchase Plan asannounced to ASX on 17 February 2016.

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

• 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 Ltd ABN 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 Allan Trench
Date of last notice	21 January 2016

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 relevantinterest.	Dr A. & Mrs S. L. Trench <Trench SuperFund A/C> - trustee and beneficiary of theaccount.
Date of change	31 March 2016
No. of securities held prior to change	IndirectDr A. & Mrs S. L. Trench <Trench SuperFund A/C> (trustee and beneficiary) -62,500 unlisted options ($0.08; expiry30/11/16).907,500 fully paid ordinary shares.
Class	Fully paid ordinary shares.
Number acquired	555,555 fully paid ordinary shares.
Number disposed	Nil.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.018 per fully paid ordinary share.
No. of securities held after change	IndirectDr A. & Mrs S. L. Trench <Trench SuperFund A/C> (trustee and beneficiary) -62,500 unlisted options ($0.08; expiry30/11/16).1,463,055 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Purchase of shares via the Company’sShare Purchase Plan as announced tomarket on 17 February 2016.

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

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?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3