MINBOS RESOURCES LIMITED — Director's Dealing 2014

May 8, 2014

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 Wall
Date of last notice	21 February 2014

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.	Pheakes Pty Ltd
Date of change	7 May 2014
No. of securities held prior to change Pheakes Pty Ltd	30,113,430 fully paid ordinary shares 25,000,000 unlisted Options exercisable 1 cent, expiry 30 December 2016
Class	Fully paid ordinary shares
Number acquired	3,750,000
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	At a deemed price of $0.003, in satisfaction of interest payable on convertible notes for the amount of $11,250
No. of securities held after change Pheakes Pty Ltd	33,863,430 fully paid ordinary shares 25,000,000 unlisted Options exercisable 1 cent, expiry 30 December 2016
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 securities in satisfaction of interest payable on convertible note

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	Convertible Note Deed
Nature of interest	Convertible Note Holder
Name of registered holder (if issued securities)	Pheakes Pty Ltd
Date of change	Not applicable – No change in interest
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	Convertible Notes with a total face value of $75,000 at a conversion price, subject to conditions, of $0.01 or $0.003 able to convert up to 25 million fully paid ordinary shares with 25 million attaching options exercisable 1 cent, expiry 30 December 2016.
Interest acquired	Not applicable
Interest disposed	Not applicable

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Not applicable above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Not applicable to proceed during this period? If prior written clearance was provided, on what date was this Not applicable provided?

• See chapter 19 for defined terms.

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