GEOPACIFIC RESOURCES LTD — Director's Dealing 2012

May 17, 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 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	Charles Bennett Bass
Date of last notice	10 April 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 relevant interest.	(A) Quartz Mountain Mining Pty Ltd ATF Bass Family Trust (B) Charles Bennett Bass and Sylvia Culham Bass ATF The Metech No 2 Super Fund.
Date of change	14 – 16 May 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Indirect (A) • 2,615,753 ordinary shares; • 1,307,877 listed options expiring 19 January 2013 with an exercise price of 35 cents; and • 2,000,000 unlisted options expiring 5 April 2015 with an exercise price of 30 cents. (B) • 1,336,364 ordinary shares • 668,182 listed options expiring 19 January 2013 with an exercise price of 35 cents.
Class	Ordinary fully paid shares and listed options expiring 19 January 2013 with an exercise price of 35 cents each.
Number acquired	• 200,000 shares • 500,000 listed options expiring 19 January 2013
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	• $40,000 for ordinary shares • $8,562.50 for listed options expiring 19 January 2013
No. of securities held after change	Indirect (A) • 2,815,753 ordinary shares; • 1,807,877 listed options expiring 19 January 2013 with an exercise price of 35 cents; and • 2,000,000 unlisted options expiring 5 April 2015 with an exercise price of 30 cents. (B) • 1,336,364 ordinary shares • 668,182 listed options expiring 19 January 2013 with an exercise price of 35 cents.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On- market purchase.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms.

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