KGL RESOURCES LIMITED — Director's Dealing 2019

May 22, 2019

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	KGL Resources Limited
ABN	082 658 080

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	Denis Wood
Date of last notice	27/09/2018

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	Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		(1) Coal Industry Services Pty Ltd Mr Wood is a director of Coal Industry Services Pty Ltd (2) D Wood and A Wood as trustee for The Wood Investment Trust
Date of change		22/05/2019
No. of securities held prior to change		(1) 4,034,237 Ordinary Shares (2) 18,567,472 Ordinary Shares
Class		Ordinary Shares
Number	~~acquired~~/issued	4,000,000
Number	~~disposed~~/cancelled	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		As consideration for CEO base salary. Value based on 21/05/19 closing share price of $0.25.
No. of securities held after change		(1) 4,034,237 Ordinary Shares (2) 22,567,472 Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Issue of securities approved by shareholders

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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

Part 3 –[+] Closed period

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 to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011