FOCUS MINERALS LTD — Director's Dealing 2011

Apr 28, 2011

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 FOCUS MINERALS LIMITED ABN 005 470 799

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 Donald James Taig

Date of last notice 5 February 2010

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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Direct – Superannuation Fund account Indirect (a) Lugano Enterprises Pty Ltd (b) Tizon Pty Ltd (c) Tizon Pty Ltd (Donald J Taig Super Fund a/c)
Date of change	19 April 2011
No. of securities held prior to change	Direct – 1,294,523 Ordinary fully paid shares Indirect (a) 4,220,281 Ordinary fully paid shares (b) 2,970,281 Ordinary fully paid shares (c) 2,820,281 Ordinary fully paid shares
Class	Ordinary fully paid shares
Number acquired	Indirect (a) 197,368 Ordinary fully paid shares (b) 65,789 Ordinary fully paid shares (c) 394,736 Ordinary fully paid shares
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$50,000
No. of securities held after change	Direct – 1,294,523 Ordinary fully paid shares Indirect (a) 4,417,649 Ordinary fully paid shares (b) 3,036,070 Ordinary fully paid shares (c) 3,215,017 Ordinary fully paid shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in Share Purchase Plan

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

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

29 April 2011

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011