ESTRELLA RESOURCES LIMITED — Director's Dealing 2013

May 16, 2013

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 Estrella Resources Limited ABN 39 151 155 207

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	Julian Bavin
Date of last notice	9 May 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 relevantinterest.		Super Fund
Date of change		14 May, 2013
No. of securities held prior to change		Julian Bavin:1,000,000 options exercisable at $0.25 eachexpiring 25 October 2014 (all escrowed fora period of 24 months from the date ofquotation).Julian Richard Frank Bavin & Peter Bavin<Julian Bavin Super Fund A/C>500,000 ordinary shares (250,000 of theseshares are subject to an escrow period of 24months from the date of quotation).
Class		Ordinary Shares
Number acquired		Nil – transfer of 250,000 shares betweensuper funds

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed		Nil – transfer of 250,000 shares betweensuper funds
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		Nil
No. of securities held after change		See Annexure“A” below
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back		Off market

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 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 No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

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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 was thisprovided?	N/A

Annexure “A”

(Shares held after change)

Julian Bavin:

1,000,000 options exercisable at $0.25 each expiring 25 October 2014 (all escrowed for a period of 24 months from the date of quotation).

Julian Richard Frank Bavin & Peter Bavin <Julian Bavin Super Fund A/C>

250,000 ordinary shares (these shares are subject to an escrow period of 24 months from the date of quotation).

Julian Bavin Holdings Pty Ltd <Julian Bavin Super Fund A/C>

250,000 ordinary shares.

• See chapter 19 for defined terms.

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