GRANGE RESOURCES LIMITED. — Director's Dealing 2012

Jan 4, 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 July 2011

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	Not applicable
relevant interest.
Date of change	5 January 2012
No. of securities held prior to change	1,823,159 – Ordinary Shares
	1,500,000 - $2.05 Options expiring 6 March 2012
	1,500,000 - $3.00 Options expiring 6 March 2012
	1,500,000 - $3.50 Options expiring 6 March 2012
Class	Ordinary Fully Paid Shares
Number acquired	159,807
Number disposed	Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimatedvaluation	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 1,982,966 – Ordinary Shares 1,500,000 - $2.05 Options expiring 6 March 2012 1,500,000 - $3.00 Options expiring 6 March 2012 1,500,000 - $3.50 Options expiring 6 March 2012 Nature of change Shares were issued following the vesting of Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation the 2[nd] tranche of shareholder approved in buy-back performance rights relating to the Managing Director’s performance for the six month period ending 31 December 2010.

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 contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?	Not applicable
If prior written clearance was provided, on whatdate was this provided?	Not Applicable

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

• See chapter 19 for defined terms.

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