JINDALEE LITHIUM LIMITED — Director's Dealing 2005

Apr 20, 2005

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 30/9/2001.

Name of entity	JINDALEE RESOURCES LIMITED
IABN	52 064 121 133

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	Lindsay George Dudfield
Date of last notice	13/07/2004

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
Nature of indirect interest	1. G. Dudfield ATF
(including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	LG Dudfield Pension Fund
Date of change	13/04/2005 - 18/04/2005
No. of securities held prior to change	2,881,266 ordinary fully paid shares
	565,000 25¢ options expiring 30/06/2005
	1,000,000 35¢ options expiring 30/06/2007
	500,000 30¢ options expiring 30/06/2009
Class	Ordinary Fully Paid Shares
Number acquired	502,500
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$150,750
No. of securities held after change	3,383,766 ordinary fully paid shares
	565,000 25¢ options expiring 30/06/2005
	1,000,000 35¢ options expiring 30/06/2007
	500,000 30¢ options expiring 30/06/2009

⁺ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buv-back-	Off-market and On-market trades
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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

$+$ See chapter 19 for defined terms.