GRANGE RESOURCES LIMITED. — Director's Dealing 2012

Mar 6, 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: GRANGE RESOURCES LIMITED ABN: 80 009 132 405

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 St John Clark
Date of last notice	5 January 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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Not applicable
Date of change	2 March and 5 March 2012
No. of securities held prior to change	1,982,966 – Ordinary Shares1,500,000 - $2.05 Options expiring 6 March 20121,500,000 - $3.00 Options expiring 6 March 20121,500,000 - $3.50 Options expiring 6 March 2012
Class	Ordinary Fully Paid Shares
Number acquired	Nil
Number disposed	50,000 shares– 2 March 2012350,000 shares – 5 March 2012
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$33,144.98 – 2 March 2012$227,197.00 – 5 March 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 1,582,966 – Ordinary Shares Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in On market trade (sale of shares) and buy-back expiry of unlisted options.

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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

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----- Start of picture text ----- Were the interests in the securities or contractsdetailed above traded during a [+] closed period Nowhere prior written clearance was required?If so, was prior written clearance provided toNot applicableallow the trade to proceed during this period?----- End of picture text -----

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this provided?

Not Applicable

• See chapter 19 for defined terms.

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