MINBOS RESOURCES LIMITED — Director's Dealing 2012

Jul 3, 2012

Perth Office South African Office 108 Outram Street 42 Kyalami Boulevard West Perth, WA, 6005 Kyalami Business Park, Kyalami, Johannesburg PO Box 1346 West Perth WA 6872

T: +61 (08) 9476 4500 F: +61 (08) 6314 1587 T: +27 11 466-8516/7 F: +27 11 466-8523 E: info@minbos.com W: www.minbos.com

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4 July 2012

Attention: Elizabeth Harris Senior Adviser, Listing (Perth) ASX Compliance Pty Limited Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

Dear Elizabeth,

RE: Appendix 3Y

I would like to bring to your attention non-disclosure of a director’s interest in the securities of the Company.

Reason for non-disclosure

The original Appendix 3X that was lodged back on 19/10/2010 failed to disclose Mr John Ciganek’s indirect interest in 250,000 ordinary shares of the Company purchased at $0.20 per share as part of the initial public offering. Nondisclosure was not intentional by the then Company Secretary or Mr Ciganek, and with no trades in the securities of the Company since this time the additional holding has since remained undetected.

The current Company Secretary became aware of this discrepancy today and immediately made contact with you, as the Company’s ASX Advisor, to explain the non-disclosure and has completed an Appendix 3Y below to amend this.

Arrangements in place with the Company’s Directors to ensure it is able to meet it disclosure obligations under

Listing Rule 3.19A

Each of the Company’s Directors are aware of their obligations to inform the Company Secretary of their current holdings and when there is a change in their notifiable interests. In order that the Company complies with Listing Rule 3.19A and 3.19B, the Company has the following arrangements in place:

• Written agreements in place with each Director covering off on their obligation to notify the Company Secretary of trades within the Company’s securities.

• Email alerts by the Company’s Registry to alert the Company Secretary of any trades in the Company’s securities by the Directors.

Adequacy of the current arrangements in place to ensure compliance with Listing Rule 3.19B

The current arrangements are adequate and the Board has been reminded of, and fully understand, their disclosure obligations under ASX Listing rule 3.19A.

The Company apologises for this late lodgment.

Yours sincerely,

Tanya Woolley Company Secretary

Page 1 of 4

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	John Ciganek
Date of last notice	16/6/2010

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 John Ciganek and Mrs Rebel Ciganek of which Mr Ciganek holds a beneficial interest.
**Date of change **	Initial Public Offering– October 2010
No. of securities held prior to change DIRECT INTEREST: Mr John Ciganek	250,000 fully paid ordinary shares (237,500 subject to escrow) 500,000 unlisted Class “A” Director Options (expiry 13/10/2013 @ $0.20 each exercise price)
Class	Fully Paid Ordinary Shares
Number acquired	250,000 Fully Paid Ordinary shares

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

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.20 each as part of the Initial Public Offering.
No. of securities held after change DIRECT INTEREST: Mr John Ciganek INDIRECT INTEREST: Mr John Ciganek Fund A/C> of which Mr Ciganek holds a beneficial interest.	250,000 fully paid ordinary shares (237,500 subject to escrow until 18/10/2012) 500,000 unlisted Class “A” Director Options (expiry 13/10/2013 @ $0.20 each exercise price) 250,000 fully paid ordinary shares
Nature of change Example: on-market trade, off- market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Purchased under the Company’s Initial Public Offering during October 2010.

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

Nature of interest

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

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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