LIONTOWN LIMITED — Director's Dealing 2020

Nov 16, 2020

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 Liontown Resources Limited ABN 39 118 153 825

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	David Ross Richards
Date of last notice	28 October 2020

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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Richards Family Superannuation Fund – DavidRichards is the trustee and beneficiary of theRichards Family Superannuation Fund.Wan Lai Richards is the wife of David Richards
Date of change	(a) 12 November 2020(b) 17 November 2020(c)17 November 2020
No. of securities held prior to change	Direct interest:4,965,000 fully paid ordinary shares.8,000,000 unlisted options with an exercise priceof 2 cents and expiry date of 31 October 2022.5,000,000 unlisted options with an exercise priceof 3.5 cents and expiry date of 28 November2023.5,000,000 unlisted options with an exercise priceof 15 cents and expiry date of 28 November2022.Indirect interest:Richards Family Superannuation Fund2,402,800 fully paid ordinary shares.Wan Lai Richards714,789fully paid ordinary shares.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares
Number acquired	(b) 8,000,000 Fully paid ordinary shares(c) 5,000,000 Fully paid ordinary shares
Number disposed	(a) 1,300,000 Fully paid ordinary shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	(a) $328,178.65(b) 8,000,000 Fully paid ordinary shares at $0.02(c) 5,000,000 Fully paid ordinary shares at$0.035
No. of securities held after change	Direct interest:16,665,000 fully paid ordinary shares.5,000,000 unlisted options with an exercise priceof 15 cents and expiry date of 28 November2022.Indirect interest:Richards Family Superannuation Fund2,402,800 fully paid ordinary shares.Wan Lai Richards714,789 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back	(a) Disposal of shares on-market;(b) Exercise of OP6 unlisted options with anexercise price of $0.02 and expiry date of 31October 2022.(c) Exercise of OP13 unlisted options with anexercise price of $0.035 and expiry date of 28November 2023.

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 towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?	N/A
If prior written clearance was provided, on whatdate was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

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