GRATIFII LIMITED — Director's Dealing 2014

Mar 16, 2014

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	Mr Ben Kirkpatrick
Date of last notice	11 March 2014

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.	Mr Kirkpatrick is:i) aDirectorandShareholderofKirkcorp Pty Limited; andii) a Trustee and Beneficiary of theDrambuie Super Fund.
Date of change	i) 12 March 2014

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	ppendix 3Yhange of Director’s Interest	Notice
No. of securities held prior to change	o. of securities held prior to change			Indirecti) Kirkc		orp Pt	y Limited
					4,Sh	393,33ares;	3 Fully	Paid	Ordinary
					5,	000,00	0 optio	ns exerc	isable at
					$0.075 on or before 18 December
					20	15; and
					5,	000,000 optio		ns exercisable at
					$0	.10 on or bef		ore 18 December
					20	15.
				ii)	Dram	buie Super Fun		d
						ll
					1	,702,182 Fuyh		Paid Ordinary
						ares.
Class				Ordinary Shares
Number acquired				i) 30,000 ordinary shares;ii) 587,574 ordinary shares; andiii) 330,000 ordinaryshares.
Number disposed				Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation				30,000 @ $0.033;
No. of securities held after change				Indirectiii) Kirkcorp Pty Limited4,393,333 Fully Paid OrdinaryShares;5,000,000 options exercisable at$0.075 on or before 18 December2015; and5,000,000 options exercisable at$0.10 on or before 18 December2015.iv) Drambuie Super Fund1,702,182 Fully Paid OrdinaryShares.Direct877,574FullyPaidOrdinaryShares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change On-Market Trade Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Yes
If so, was prior written clearance provided to allow the tradeto proceed during this period?	No
If prior written clearance was provided, on what date was thisprovided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3