GIBB RIVER DIAMONDS LIMITED — Director's Dealing 2017

Aug 1, 2017

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	PHOSPHATE AUSTRALIA LIMITED
ABN	51 129 158 550

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 DirectorDate of last notice	MARK THOMPSON
	15 NOVEMBER 2016

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 relevantinterest.	Ordinary Fully Paid Shares held by K.Thompson, spouse of Mark Thompson.Options held by Lateral Minerals Pty LtdATF The Thompson Family Trust. MrThompson is a beneficiary of that Trust.Ordinary Fully Paid Shares held by K.Thompson<SungoldSuperannuationFund A/c>
Date of change	31 July 2017
No. of securities held prior to change	1,500,000 Ordinary fully paid shares heldby K. Thompson.2,800,000 Ordinary fully paid shares heldby Lateral Minerals Pty Ltd <SungoldSuperannuation Fund A/c>1,000,000 Unlisted Options held by LateralMinerals Pty Ltd ATF The ThompsonFamily Trust expiring 5 November 2017exercisable at 1.9 cents each.1,000,000 Unlisted Options held by LateralMinerals Pty Ltd ATF The ThompsonFamily Trust expiring 3 November 2018exercisable at 7 cents each.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary fully paid shares
Number acquired	500,000 (transferred)
Number disposed	500,000 (transferred)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$17,500
No. of securities held after change	1,000,000 Ordinary fully paid shares heldby K. Thompson.3,300,000 Ordinary fully paid shares heldby Lateral Minerals Pty Ltd <SungoldSuperannuation Fund A/c>1,000,000 Unlisted Options held by LateralMinerals Pty Ltd ATF The ThompsonFamily Trust expiring 5 November 2017exercisable at 1.9 cents each.1,000,000 Unlisted Options held by LateralMinerals Pty Ltd ATF The ThompsonFamily Trust expiring 3 November 2018exercisable at 7 cents each
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Off market transfer of Ordinary Fully Paidshares from K. Thompson to LateralMinerals Pty Ltd <SungoldSuperannuation Fund A/c>.

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.

be disclosed in thispart.
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 changeNote: Details are only required for a contract in relation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: 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 thisperiod?	N/A
Ifprior written clearance wasprovided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011