MOUNT RIDLEY MINES LIMITED — Director's Dealing 2017

Nov 30, 2017

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	Ashley Hood
Date of last notice	3 July 2017

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Ashley Hood
Date of change	1 December 2017
No. of securities held prior to change	7,701,893 ordinary shares10,000,000 unlisted options (ex $0.015, exp29/11/2019)
Class	Unlisted Options
Number acquired	10,000,000
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	7,701,893 ordinary shares10,000,000 unlisted options (ex $0.015, exp29/11/2019)10,000,000 unlisted options (ex $0.015, exp1/12/2020)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	IssueofDirectorOptionsfollowingshareholderapprovalgrantedon30November 2017.

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 written	Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written	Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written	Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written	Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written	Were the interests in the securities or contracts detailedabove traded during a+closed period where prior written	No	No	No	No
		clear	ance was r	equired?
		If so,to pro	was priorceed durin	written clearan	ce provided to a	llow the	trade	N/A
				g this period?
	If prioprovi29 Nov	If prioprovi	r written cded?	learance was pr	ovided, on wha	t date wa	s this	N/A
			ember 201	6

29 November 2016

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011