GIBB RIVER DIAMONDS LIMITED — Director's Dealing 2012

Oct 1, 2012

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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	PHOSPHATE AUSTRALIA LIMITED
ABN	51 129 158 550

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	ANDREW JAMES
Date of last notice	27 OCTOBER 2009
Date that director ceased to be director	1 OCTOBER 2012

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

20,000,000 Ordinary fully paid shares

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interestOptions held by Bronwyn James,spouse of Andrew James.	Number & class of securities500,000 Unlisted Options expiring 23.10.2012exercisable at $0.30 each.

Part 3 – Director’s interests in contracts

Detail of contract	‐
Nature of interest	‐
Name of registered holder(if issued securities)	‐
No. and class of securities to whichinterest relates	‐

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002