GRATIFII LIMITED — Director's Dealing 2012

Jul 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 Waratah Resources Limited ABN 47 125 688 940

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	Rod White
Date of last notice	27 June 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 and Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Chokmah Pty Ltd ATF White F/T and ATF for White Super Fund ( Mr White is a Director and shareholder and beneficiary)
Date of change	29 June 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 Chokmah Pty Ltd ATF White F/T and ATF for White Super Fund ( Mr White is a Director and shareholder and beneficiary)	Direct 5,000,000 Options to acquire Ordinary Shares exercise price $0.30 expiring 27 June 2015 Indirect 1,350,000 Fully Paid Ordinary Shares 50,000 Options to acquire Fully Paid Ordinary Shares exercise price $0.40 expiry 20 September 2012
Class	Fully Paid Ordinary Shares
Number acquired	100,000 Fully Paid Ordinary Shares Transfer 5,000,000 Options from Direct to Indirect
Number disposed	Transfer 5,000,000 Options from Direct to Indirect
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$7,500Fully Paid Ordinary Shares Nil Options

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Chokmah Pty Ltd ATF White F/T and ATF for White Super Fund ( Mr White is a Director and shareholder and beneficiary)	Direct Indirect 1,450,000 Fully Paid Ordinary Shares 50,000 Options to acquire Fully Paid Ordinary Shares exercise price $0.40 expiry 20 September 2012 5,000,000 Options to acquire Ordinary Shares exercise price $0.30 expiring 27 June 2015
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 Fully Paid Ordinary Shares. Off Market transfer Options from Direct to Indirect

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms.

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