ESTRELLA RESOURCES LIMITED — Director's Dealing 2012

May 8, 2012

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 Estrella Resources Limited ABN 39 151 155 207

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Gavin Solomon
Date of appointment	27 May 2011

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.Conrad Corporation Pty Limited	Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.Conrad Corporation Pty Limited	Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.Conrad Corporation Pty Limited	Number & class of Securities65,650 options exercisable at $0.20 each on orbefore 19 December 2016 (all subject to anescrow period of 24 months from the date ofquotation).78,000 options exercisable at $0.20 each on orbefore 25 October 2016 (all subject to anescrow period of 24 months from the date ofquotation).115,200 options exercisable at $0.20 each on orbefore 9 May 2017 (all subject to anescrow period of 24 months from the date ofquotation).	Number & class of Securities65,650 options exercisable at $0.20 each on orbefore 19 December 2016 (all subject to anescrow period of 24 months from the date ofquotation).78,000 options exercisable at $0.20 each on orbefore 25 October 2016 (all subject to anescrow period of 24 months from the date ofquotation).115,200 options exercisable at $0.20 each on orbefore 9 May 2017 (all subject to anescrow period of 24 months from the date ofquotation).	Number & class of Securities65,650 options exercisable at $0.20 each on orbefore 19 December 2016 (all subject to anescrow period of 24 months from the date ofquotation).78,000 options exercisable at $0.20 each on orbefore 25 October 2016 (all subject to anescrow period of 24 months from the date ofquotation).115,200 options exercisable at $0.20 each on orbefore 9 May 2017 (all subject to anescrow period of 24 months from the date ofquotation).	Number & class of Securities65,650 options exercisable at $0.20 each on orbefore 19 December 2016 (all subject to anescrow period of 24 months from the date ofquotation).78,000 options exercisable at $0.20 each on orbefore 25 October 2016 (all subject to anescrow period of 24 months from the date ofquotation).115,200 options exercisable at $0.20 each on orbefore 9 May 2017 (all subject to anescrow period of 24 months from the date ofquotation).
	Pancho (NSW) Pty Limited			4,825,000 ord	inary shares (all subject to an
	<Gavsol Super Fund A/C>			escrow period	of 24 months from the date of
				quotation).
	Helmsec Global Capital Limited			As bare trustee for employees of Helmsec GlobalCapital Limited of the following::3,326,000 ordinary shares (all subject to anescrow period of 24 months from the date ofquotation).
				268,800 options exercisable at $0.20 each on orbefore 9 May 2017 (all subject to anescrow period of 24 months from the date ofquotation).111,100 options exercisable at $0.20 each on or
				before 19 December 2016 (all subject to anescrow period of 24 months from the date oftti)
				quoaon.
				132,000 options exbefore 25 Octoberescrow period of 2quotation).		ercisable at $0.20 each on or2016 (all subject to an4 months from the date of

Part 3 – Director’s interests in contracts

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

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
Name of registered holder(if issued securities)
No. and class of securities to whichinterest relates

• See chapter 19 for defined terms.

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