LAKE RESOURCES N.L. — Director's Dealing 2018

Jul 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 LAKE RESOURCES N.L. ABN 49 079 471 980

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	Stuart Crow
Date of last notice	10 July 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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	10 July 2018

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	3,657,844 – Ordinary Shares (LKE)210,000 – Listed Options (LKEO) expiry date27 August 2018 and exercise price $0.101,334,449 – Listed Options (LKEOA) expirydate 15 December 2018 and exercise price$0.20156,250 – Unlisted options, expiry 30November 2018, exercise price $0.05 (ClassC)156,250 – Unlisted options, expiry 21 October2019, exercise price $0.05 (Class D)3,000,000 – Unlisted Options, expiry 31December 2020,exerciseprice$0.28
Class	Listed Options (LKEO) expiry date 27 August2018 and exercise price $0.10
Number acquired	39,000
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.025 per listed option (LKEO)
No. of securities held after change	3,657,844 – Ordinary Shares (LKE)249,000 – Listed Options (LKEO) expiry date27 August 2018 and exercise price $0.101,334,449 – Listed Options (LKEOA) expirydate 15 December 2018 and exercise price$0.20156,250 – Unlisted options, expiry 30November 2018, exercise price $0.05 (ClassC)156,250 – Unlisted options, expiry 21 October2019, exercise price $0.05 (Class D)3,000,000 – Unlisted Options, expiry 31December 2020, exercise price $0.28

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Nature of change On-market trade 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(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3