FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Director's Dealing 2012

Jan 31, 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 following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	David Anthony Ward
Date of last notice	12 May 2011

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.		David Ward is a joint trustee of the Peel Tout Trust
Date of change		30 January 2012 & 31 January 2012
No. of securities held prior to change		Indirect: The Peel Tout Trust Account:- • 400,000 fully paid ordinary shares. • 500,000 options over ordinary shares with an exercise price of 30 cents each, exercisable on or before 31 March 2014
Class		Ordinary fully paid shares
Number acquired		75,000
Number disposed		Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation		• 40,000 shares at 15 cents per share (cash) (Acquired 30 January 2012) • 20,000 shares 18 cents per share (cash) (Acquired 30 January 2012) • 15,000 shares 18 cents per share (cash) (Acquired 31 January 2012)

• 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 Direct: 75,000 fully paid ordinary shares Indirect: The Peel Tout Trust Account:• 400,000 fully paid ordinary shares. • 500,000 options over ordinary shares with an exercise price of 30 cents each, exercisable on or before 31 March 2014 Nature of change On-market trade Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back

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

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011