MASTERMYNE GROUP LIMITED — Director's Dealing 2013

May 28, 2013

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	MASTERMYNE GROUP LIMITED
ACN	142 490 579

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	Andrew Dominic Watts
Date of last notice	18 March 2013

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.	(a) Interest held by Carm NQ Pty LtdATF the Carnhogan Family Trust ofwhich Mr Watts is sole director/shareholder of the company and abeneficiary under the trust.(b) Interest held by Ecarg Pty Ltd asbare trustee for the MIJ Trust ofwhich Mr Watts is a director/shareholder of the company. Solebeneficiary of the trust is Watty PtyLtd ATF the Watty Super Fund ofwhich Mr Watts is director/shareholder of the company and amember of the super fund.
Date of change	23 May2013
No. of securities held prior to change	(a) 10,505,428(b)Nil
Class	Ordinary fully paid shares (MYE)
Number acquired	(b)4,000,000
Number disposed	(a)4,000,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration $0.86 per share (total $3.44m) Note: If consideration is non-cash, provide details and estimated valuation

No. of securities held after change (a) 6,505,428 (b) 4,000,000

Nature of change Off-market trade - transfer from

Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in Family Trust to Super Fund, with no

buy-back change in relevant interest

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 NOT APPLICABLE

Nature of interest

Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade NA to proceed during this period?

If prior written clearance was provided, on what date was this NA provided?

Bill Lyne Company Secretary 29 May 2013

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011