FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Director's Dealing 2012

May 20, 2012

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 Tellus Resources Limited ABN 35 144 733 595

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Stephen William Woodham
Date of last notice	22 February 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.		Locksley Holdings Pty Ltd – Director &ShareholderS Woodham is a Trustee for Alphda Family A/C
Date of change		16 May 2012
No. of securities held prior to change		Indirect: •Locksley Holdings Pty Ltd:o968,000 fully paid ordinary shares.•S Woodham as Trustee for Alphda FamilyA/Co300,000 fully paid ordinary shares
Class		Ordinary fully paid shares
Number acquired		300,000
Number disposed		Nil
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation		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 Indirect: • Locksley Holdings Pty Ltd: o 968,000 fully paid ordinary shares. • S Woodham as Trustee for Alphda Family A/C o 600,000 fully paid ordinary shares Nature of change Conversion of 300,000 Performance Rights into Example: on‐market trade, off‐market trade, exercise of options, fully paid ordinary shares on the achievement of a issue of securities under dividend reinvestment plan, participation in milestone, being the successful completion of a buy‐back capital raising by 30 April 2012.

Indirect:	Indirect:
•	Locksley Holdings Pty Ltd:
	o	968,000 fully paid ordinary shares.
•	S Woodham as Trustee for Alphda Family
	A/C
	o	600,000 fully paid ordinary shares

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	Detail of contract	N/A
	Nature of interest
	Name of re(if issued s	gistered holderecurities)
	Date of cha	nge
	No. and clainterest relaNote: Details arelation to whic	ss of securities to whichted prior to changere only required for a contract inh the interest has changed
	Interest acq	uired
	Interest disposed
	Value/ConsiderationNote: If consideration is non‐cash, provide detailsand an estimated valuation
	Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance 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 was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011