INDIANA RESOURCES LIMITED — Director's Dealing 2018

May 10, 2018

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: INDIANA RESOURCES LIMITED ABN: 67 009 129 560

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	Bronwyn Barnes
Date of last notice	23 February 2018

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	1. Indirect 2. Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. Laclos Pty Ltd (Laclos) (entity controlled by the director) 2. S & B Barnes Family Trust (SBBFT) (entity controlled by the director)
Date of change	4 May 2018 7 May 2018 10 May 2018
No. of securities held prior to change	1. Indirect (Laclos): 317,601 Shares 2. Indirect (SBBFT): Shares and Options • 2,000,000 Shares; and • 2,000,000 Options, exercisable at $0.125 to 30 November 2020.
Class	Shares
Number acquired	1. Indirect (Laclos): 375,000 Shares
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration $22,528.48 Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change 1. Indirect (Laclos): 692,601 Shares 2. Indirect (SBBFT): Shares and Options • 2,000,000 Shares; and • 2,000,000 Options, exercisable at $0.125 to 30 November 2020. Nature of change On-market purchase of shares. 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.

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Detail of contract N/A
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
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Part 3 –[+] Closed period

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Were the interests in the securities or contracts detailed No
above traded during a [+] closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade N/A
to proceed during this period?
If prior written clearance was provided, on what date was this N/A
provided?
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011