MINERAL RESOURCES LIMITED — Director's Dealing 2012

Feb 23, 2012

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 MINERAL RESOURCES LIMITED ABN 33 118 549 910

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	J. Ricciardo
Date of last notice	6 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	Securities held by related entity
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	23/24 February 2012
No. of securities held prior to change	1,929,989 Ordinary Shares
Class	Ordinary Shares
Number acquired	Nil
Number disposed	400,000
Value/Consideration	$5,262,120.00
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	1,529,989 Ordinary Shares
Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

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 Not Applicable to proceed during this period? If prior written clearance was provided, on what date was this Prior written notice provided provided? 20 February 2012

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011