MINBOS RESOURCES LIMITED — Director's Dealing 2011

Dec 8, 2011

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 MINBOS RESOURCES LIMITED

ABN 93 141 175 493

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 Peter Richards Date of last notice 2 December 2011

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 relevant interest.	Held in the name of Mr P & Mrs C Richards Family S/F A/C> in which Mr Richards holds a beneficial interest
**Date of change **	8/12/2011
No. of securities held prior to change INDIRECT INTEREST: Held in the name of Mr P & Mrs C Richards S/F A/C> in which Mr Richards holds a beneficial interest. DIRECT INTEREST: Peter Richards	478,500 fully paid ordinary shares (142,500 subject to escrow) 1,000,000 unlisted Class “A” Director Options (expiry 13/10/2013 @ 20 cent exercise price) 1,000,000 unlisted Class “B” Director Options (expiry 13/10/2013 @ 30 cent exercise price) 1,000,000 unlisted Class “C” Director Options (expiry 13/10/2013 @ 50 cent exercise price)

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y

Class	Fully Paid Ordinary Shares
Number acquired	714,286 Fully Paid Ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$200,000 ( @ $0.28 each)
No. of securities held after change INDIRECT INTEREST: Held in the name of Mr P & Mrs C Richards S/F A/C> in which Mr Richards holds a beneficial interest. DIRECT INTEREST: Peter Richards	1,192,786 fully paid ordinary shares (142,500 subject to escrow) 1,000,000 unlisted Class “A” Director Options (expiry 13/10/2013 @ 20 cent exercise price) 1,000,000 unlisted Class “B” Director Options (expiry 13/10/2013 @ 30 cent exercise price) 1,000,000 unlisted Class “C” Director Options (expiry 13/10/2013 @ 50 cent exercise price)
Nature of change Example: on-market trade, off- market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of Shortfall Securities under Non-Renounceable Rights Issue

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

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y

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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
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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 to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y