GEOPACIFIC RESOURCES LTD — Director's Dealing 2011

Dec 21, 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 30/9/2001.

Name of entity Geopacific Resources NL ACN 003 208 393

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	Russell Fountain
Date of last notice	2 August 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 or indirect interest	Direct and Indirect	Direct and Indirect	Direct and Indirect	Direct and Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.		Mrs GJ FountainExsolutions Pty LtdExsolutions Pty Ltd <ATF Exsolutions SuperannuationFund>
	Date of change		19 December 2011
	No. of securities held prior to change		Directly4,000 ordinary shares1,000 options expiring 16 December 2011 with anexercise price $0.30 per shareIndirectly62,000 ordinary shares3,000 options expiring 16 December 2011 with anexercise price $0.30 per share
				.
	C	lass	Ordinary shares
	N	umber acquired	Nil
+ S
		ee chater 19 for defined terms

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Directly1,000 options expiring 16 December 2011 with anexercise price $0.30 per share lapsedIndirectly3,000 options expiring 16 December 2011 with anexercise price $0.30 persharelapsed
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	N/A
No. of securities held after change	Directly4,000 ordinary sharesIndirectly62,000 ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Options expiring 16 December 2011 with an exerciseprice $0.30 per share lapsed.

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 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 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?	-
If prior written clearance was provided, on what date was thisprovided?	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002