LINDIAN RESOURCES LIMITED — Director's Dealing 2016

Dec 5, 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 30/09/01 Amended 01/01/11

Name of entity Lindian Resources Limited ABN 53 090 772 222

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	Steven Formica
Date of last notice	16 December 2015

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 3
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Indirect1) Stevsand Holdings Pty Ltd <FormicaHorticultural A/C> - Director2) Formica Investments Pty Ltd <TheFormica Family Superfund A/C> -Director3) Stevsand Investment Pty Ltd <StevenFormica FamilyA/C> - Director
Date of change	6 December 2016
No. of securities held prior to change	Indirect(Post consolidation)1) 11,887,689 Fully Paid Shares633,334 Options exercisable at $0.20 onor before 30 July 20182) 2,800,000 Fully Paid Shares
Class	Options exercisable at $0.02 on or before 31December 2020
Number acquired	3) 7,500,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	IndirectNil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Indirect3) Nil
No. of securities held after change	Indirect1) 11,887,689 Fully Paid Shares633,334 Options exercisable at $0.20 onor before 30 July 20182) 2,800,000 Fully Paid Shares3) 7,500,000 Options exercisable at $0.02 onor before 31 December 2020
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of Options to a Director as approved at theAnnual General Meeting held 25 November 2016

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	N/A	N/A	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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed		period
	Were the intere	sts in the securities or contr +	acts detailed	No
	above traded duclearance was r	ring aclosed period whereequired?	prior written
	If so, was prior written clearance provided to allow thetrade to proceed during this period?			N/A
	If prior written clearance was provided, on what date wasthis provided?			N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3