HIGHFIELD RESOURCES LIMITED — Director's Dealing 2016

Aug 31, 2016

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity Highfield Resources Limited ABN 51 153 918 257

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Albert
Date of appointment	1 September 2016

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Number & class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. Sonedala Albert - Spouse 78,000 ordinary fully paid shares

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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		Executive Service AgreementFixed Remuneration Salary of A$600,000 (inclusive of governmentcharges, social security and taxes) per annum.Short-Term Incentive maximum potential short-term incentive ofA$480,000 (ie 80% of his total fixedremuneration) each year in cash, subject tofinancial and non-financial performance ofHighfield Resources Limited and its relatedbodies corporateLong-Term Incentive eligible to participate in the HighfieldResources Limited executive share-basedlong-term incentive plan in accordance withthe rules of the plan and any applicableHighfield policy. Mr Albert will be entitled to amaximum potential long-term incentive ofA$600,000 (i.e. 100% of total fixedremuneration paid as Performance Rights toordinary shares in the Company)
Nature of interest		Direct
Name of registered holder(if issued securities)		N/A
No. and class of securities to whichinterest relates		N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002