KINGSROSE MINING LIMITED — Director's Dealing 2016

May 10, 2016

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 30/9/2001.

Name of entity	KINGSROSE MINING LIMITED
ABN	49 112 389 910

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	John Christopher Morris
Date of last notice	26 November 2012

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(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Goldcrest Corporation Pty Ltd– a Company ofwhich Mr Morris is a Director and in which he hasa beneficial interestGoldcrest Corporation Pty Ltd ATF <John MorrisSuper Fund A/C>- Mr Morris is a Director ofGoldcrest Corporation Pty Ltd and is a member ofthe John Morris Super Fund A/CGoldcrest Corporation Pty Ltd ATF <Morris**Super Fund A/C> -**Mr Morris is a Director ofGoldcrest Corporation Pty Ltd and is a member ofthe Morris Super Fund A/C
Date of change	10 May 2016
No. of securities held prior to change	Goldcrest Corporation Pty Ltd7,100,000 Fully Paid Ordinary SharesGoldcrest Corporation Pty Ltd ATF <John MorrisSuper Fund A/C>500,000 FullyPaid OrdinaryShares
Class	Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number acquired	Number acquired	2,000,000
Number disposed		0
Value/CNote: If cvaluation	onsiderationonsideration is non-cash, provide details and estimated	$380,000 ($0.19 per share)
No. of securities held after change	ecurities held after change	Goldcrest Corporation Pty Ltd7100000 Fully Paid Ordinary Shares
		,,Goldcrest Corporation Pty Ltd ATF <John MorrisSuper Fund A/C>
		500,000 Fully Paid Ordinary SharesGoldcrest Corporation Pty Ltd ATF <MorrisS Fd A/C>
		uper un2,000,000 FullyPaid OrdinaryShares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		Off-market transaction

Part 2 – Change of director’s interests in contracts – Not Applicable

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	Not Applicable
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for acontract in relation to which theinterest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change

Part 3 – Closed period

Were the interests in the securities orcontractsdetailedabovetradedduring a closed period where priorwritten clearance was required?	No
If so, was prior written clearanceprovided to allow the trade toproceed during thisperiod?	N/A
Ifpriorwrittenclearancewasprovided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002