MOUNT RIDLEY MINES LIMITED — Director's Dealing 2017

Jan 3, 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 Mt Ridley Mines Ltd 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	Guy Le Page
Date of last notice	18 February 2015

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	DirectIndirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Direct– Mr Guy Touzeau Le Page & Mrs DinaLeigh Le Page <Guy Le Page Super Fund A/C>Indirect– RM Corporate Finance Pty Ltd
Date of change	31 December 2016
No. of securities held prior to change	Direct– Mr Guy Touzeau Le Page & Mrs DinaLeigh Le Page <Guy Le Page Superannuation FundA/C> - 14,687,500 SharesIndirect– RM Corporate Finance Pty Ltd2,500,000 unlisted options(ex $0.015, exp 31/12/2016)
Class	DirectFully paid ordinary sharesIndirectOptions
Number acquired	Nil
Number disposed	Indirect– RM Corporate Finance Pty Ltd2,500,000 Options (ex 0.015, exp 31/12/2016)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Indirect– RM Corporate Finance Pty Ltd - Nil

• 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 Direct – Mr Guy Touzeau Le Page & Mrs Dina Leigh Le Page <Guy Le Page Superannuation Fund A/C> - 14,687,500 Shares Nature of change Indirect – RM Corporate Finance Pty Ltd –Option Example: on-market trade, off-market trade, exercise of options, lapse issue of securities under dividend reinvestment plan, participation in buy-back

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

**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

4 January 2017

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011