MOUNT RIDLEY MINES LIMITED — Director's Dealing 2016

Jun 28, 2016

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 Mount Ridley Mines Limited ABN 93 092 304 964

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	Michael Stewart Pedley
Date of last notice	15 February 2016

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 therelevant interest.	(i) Jocaph Pty Ltd <Jocaph Super Fund A/C>(ii) Yeldep Pty Ltd <Yeldep Family A/C>
Date of change	29 June 2016
No. of securities held prior to change	(i) 6,530,000 ordinary shares5,000,000 unlisted options (ex $0.0125,exp 31/08/2019)(ii) 1,465,167 ordinary shares1,282,584 unlisted options (ex $0.021, exp30/06/2016)
Class	Fully paid ordinary shares
Number acquired	(ii) Yeldep Pty Ltd <Yeldep Family A/C>1,282,584 ordinary shares
Number disposed	-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$26,934.27
No. of securities held after change	(i) 6,530,000 ordinary shares5,000,000 unlisted options (ex $0.0125, exp31/08/2019)(ii) 2,747,751 ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Exercise of unlisted options

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A
29 June 2016

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011