KING RIVER RESOURCES LIMITED — Director's Dealing 2011

Oct 30, 2011

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: SPEEWAH METALS LIMITED
ABN :67 100 714 181

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	DEREK CAREW-HOPKINS
Date of last notice	21ST SEPTEMBER 2010

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	(a) DIRECT
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change	27TH OCTOBER 2011
No. of securities held prior to change	400,000 ORDINARY SHARES
	100,000 CLASS C OPTIONS
	100,000 CLASS D OPTIONS
	100,000 CLASS E OPTIONS
	300,000 CLASS F OPTIONS
Class	ORDINARY SHARES
Number acquired	50,000 ORDINARY SHARES
Number disposed	N/A
Value/Consideration	$ 9,764
Note: If consideration is non-cash, provide details and estimated
valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 450,000 ORDINARY SHARES 100,000 CLASS C OPTIONS 100,000 CLASS D OPTIONS 100,000 CLASS E OPTIONS 300,000 CLASS F OPTIONS Nature of change ON MARKET PURCHASES 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	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in relation to which
the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

rt 3 –+Closed period	rt 3 –+Closed period	rt 3 –+Closed period
Were the interests in the securities orcontracts detailed above traded during a+closed period where prior writtenclearance was required?			WAS DURING A CLOSED PERIOD,VERBAL FOLLOWED BY WRITTENAPPROVAL WAS PROVIDED
Ifso,waspriorwrittenclearanceprovided to allow the trade to proceedduring thisperiod?			PLEASE SEE COMMENT ABOVE
If i itt l idd			25th OCTOBER 2011
pror wron what date	en cearance wawas thisprovide	prove,d?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011