FENIX RESOURCES LTD — Director's Dealing 2009

Nov 29, 2009

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30 November 2009

Company Announcements Office Australian Securities Exchange Level 4 20 Bridge St Sydney NSW 2000

Appendix 3Y – Change of Directors Interest Notice

Please find attached Appendix 3Y Change of Directors Interest Notice for Mr Kevin Judge.

Emergent Resources Limited

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Kevin Hart Company Secretary

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 30/9/2001.

Name of entity Emergent Resources Ltd ABN 68 125 323 622

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	Kevin Ernest Judge
Date of last notice	23 February 2009

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 and Indirect
	Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect interest held by spouse and Spinaway Gardens Pty Ltd
	Date of change	25 November 2009
	No. of securities held prior to change Direct Indirect	10,000 Ordinary fully paid shares 5,000 Listed options - 20 cents expiring 30/9/2010 830,000 Ordinary fully paid shares 529,560 Listed options - 20 cents expiring 30/9/2010 300,000 Unlisted options - 20 cents expiring 31/8/2012
	Class	Ordinary fully paid shares and listed options exercisable at 20 cents each on or before 30/9/2010
	Number acquired	10,000 ordinary fully paid shares 5,000 listed options
	Number disposed	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Ordinary fully paid shares -$0.765 each Listed options - $0.565 each
	No. of securities held after change Direct Indirect	10,000 Ordinary fully paid shares 5,000 Listed options - 20 cents expiring 30/9/2010 840,000 Ordinary fully paid shares 534,560 Listed options - 20 cents expiring 30/9/2010 300,000 Unlisted options - 20 cents expiring 31/8/2012
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Off market trade

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

11/3/2002