MINERAL RESOURCES LIMITED — Director's Dealing 2019

Apr 23, 2019

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 Date of last notice	Chris Ellison
	2 October 2018

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. 2.	Fully paid ordinary shares  Sandini Pty Ltd 21,230,471  Sandini Pty Ltd (Restricted Shares) 89,910  Wabelo Pty Ltd 55,750  Ellison Superannuation Fund422,777 Total 21,798,908 Share performance rights granted but unvested: a) FY16 Long Term Incentive Scheme: Share performance rights granted in June 2016 with future vesting over four annual instalments. The balance of 47,796 fully paid Mineral Resources shares vest over the next year. For further details refer to the Company’s 2016 Remuneration Report. MIN share performance rights to vest in future - 30 June 201947,796 47,796 b) FY17 Long Term Incentive Scheme: Share performance rights granted in June 2017 with future vesting subject to the Company achieving specific ROIC targets in future years (Restricted Trading Ordinary Shares). The granted share performance rights are at risk of forfeiture if performance targets are not met in future years. The balance of 179,907 fully paid Mineral Resources shares vest over the next two years. For further details, refer to the Company’s 2017 Remuneration Report. MIN share performance rights (Restricted Trading Ordinary Shares) to vest in future: - 30 June 2019 89,953 - 30 June 202089,954 179,907 c) FY18 Long Term Incentive Scheme: Share performance rights granted in August 2018 with future vesting subject to the Company achieving specific ROIC targets in future years (Restricted Trading Ordinary Shares). The granted share performance rights are at risk of forfeiture if performance targets are not met in future years. 168,157 fully paid Mineral Resources shares vest over three financial years. For further details, refer to the Company’s 2018 Remuneration Report. MIN share performance rights (Restricted Trading Ordinary Shares) to vest in future: - 30 June 2019 56,052 - 30 June 2020 56,052 - 30 June 202156,053 168,157

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Date of change	17 April 2019.
No. of securities held prior to change	Fully paid ordinary shares: Sandini Pty Ltd Sandini Pty Ltd (Restricted shares) Wabelo Pty Ltd Ellison Superannuation Fund Total	21,230,471 89,910 55,750 419,329 21,795,460
Class	Fully paid ordinary shares
Number acquired	3,448 Shares acquired under the Company’s Dividend Reinvestment Plan.
Number disposed	Nil disposed.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15.8094 based on the Volume Weighted Average Price of Mineral Resources Ltd ordinary shares in the five days up to and including 25 March 2019.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1. 2.	Fully paid ordinary shares  Sandini Pty Ltd 21,230,471  Sandini Pty Ltd (Restricted Shares) 89,910  Wabelo Pty Ltd 55,750  Ellison Superannuation Fund422,777 Total 21,798,908 Share performance rights granted but unvested: a) FY16 Long Term Incentive Scheme: Share performance rights granted in June 2016 with future vesting over four annual instalments. The balance of 47,796 fully paid Mineral Resources shares vest over the next year. For further details, refer to the Company’s 2016 Remuneration Report. MIN share performance rights to vest in future: - 30 June 201947,796 47,796 b) FY17 Long Term Incentive Scheme: Share performance rights granted in June 2017 with future vesting subject to the Company achieving specific ROIC targets in future years (Restricted Trading Ordinary Shares). The granted share performance rights are at risk of forfeiture if performance targets are not met in future years. The balance of 179,907 fully paid Mineral Resources shares vest over the next two years. For further details refer to the Company’s 2017 Remuneration Report. MIN share performance rights (Restricted Trading Ordinary Shares) to vest in future: - 30 June 2019 89,953 - 30 June 202089,954 179,907 c) FY18 Long Term Incentive Scheme: Share performance rights granted in August 2018 with future vesting subject to the Company achieving specific ROIC targets in future years (Restricted Trading Ordinary Shares). The granted share performance rights are at risk of forfeiture if performance targets are not met in future years. 168,157 fully paid Mineral Resources shares vest over three financial years. For further details, refer to the Company’s 2018 Remuneration Report. MIN share performance rights (Restricted Trading Ordinary Shares) to vest in future: - 30 June 2019 56,052 - 30 June 2020 56,052 - 30 June 202156,053 168,157

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	3,448 Shares acquired under the Company’s Dividend Reinvestment Plan at $15.8094 each, based on the Volume Weighted Average Price of Mineral Resources Ltd ordinary shares in the five days up to and including 25 March 2019.

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written **clearance was required? **	Not traded during a Closed Period.
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

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