NORTHERN STAR RESOURCES LTD — Director's Dealing 2015

Nov 1, 2015

DIRECTORS’ SHARE SALES

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Northern Star Resources Limited (ASX: NST) advises that Managing Director Bill Beament has sold five million shares in the Company, representing 31.6 per cent of his total holding.

Mr Beament received an average price of $2.72 share. Following the sale, he holds 10.83 million Northern Star shares.

It was Mr Beament’s first sale of Northern Star shares in three years and only his second since he became Managing Director over eight years ago.

In the past five years, Mr Beament has overseen the growth in Northern Star from a shell to a leading ASX-listed gold producer, underpinning a rise in its share price from 1c.

ASX ANNOUNCEMENT 2 November 2015

Australian Securities Exchange Code: NST

Board of Directors

Mr Chris Rowe Non-Executive Chairman

Mr Bill Beament Managing Director

Mr Peter O’Connor Non-Executive Director

Mr John Fitzgerald Non-Executive Director

Ms Liza Carpene Company Secretary

Northern Star is on track to grow production to 700,000ozpa in FY18 without the need to acquire further assets. The Company’s return on equity has averaged 43 per cent in the five years to 30 June 2015.

Northern Star also advises that Chairman Chris Rowe has sold 250,000 shares in the Company, reducing his holding to 2.65 million shares, and Non-executive Director Peter O’Connor has sold 100,000 shares in the Company, reducing his holding to 500,000 shares.

Relevant Change of Director’s Interest Notices (Appendix 3Y) are attached.

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LIZA CARPENE

Company Secretary Northern Star Resources Limited

Investor Enquiries:

Luke Gleeson, Investor Relations, Northern Star Resources Limited T: +61 8 6188 2103 E: lgleeson@nsrltd.com

Issued Capital

Shares 600 million Options 4.3 million Current Share Price A$2.66 Market Capitalisation A$1.6 billion

Cash and Cash Equivalents 30 Sep 2015 - A$196 million

Level 1, 388 Hay St Subiaco WA 6008 T +6 8 6188 2100 F +6 8 6188 2111 E info@nsrltd.com www.nsrltd.com

Forward Looking Statements

Northern Star Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Northern Star Resources Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it.

This announcement is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever. This announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

ABN: 43 092 832 892

Page 1 of 1

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	NORTHERN STAR RESOURCES LIMITED
ABN	43 092 832 892

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	WILLIAM JAMESBEAMENT
Date of last notice	9 JULY 2015
Date of this notice	2 NOVEMBER 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	a), b), c) Indirect d) Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	a) William James Beament - an account of which the Director is trustee and may be a beneficiary b) Mr William James Beament and Mrs Karen Marie Beament - an account of which the Director is trustee and may be a beneficiary c) Premium Maintenance Personnel Pty Ltd – a company of which the Director is a director and substantial shareholder d) William James Beament
Date of change	27, 28, 29, 30 October 2015 and 2 November 2015
No. of securities held prior to change	Refer to attached schedule
Class	a) Ordinary fully paid shares (NST)
Number acquired	Nil
Number disposed	5,000,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, $2.72 per share (average) provide details and estimated valuation No. of securities held after change Refer to attached schedule Nature of change Example: on-market trade, off-market trade, exercise of options, issue of On-market trade 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 Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

No Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Schedule of director’s interests – William James Beament

Securities, date and nature of change	Consideration	William James Beament **Family a/c>	Mr William James Beament + Mrs Karen Marie Beament **Emillion Super**\ **A/C>	Premium Maintenance Personnel Pty Ltd	William James Beament*
Ordinary fully paid shares (NST)
Holding prior to change		12,637,709	75,000	161,628	2,952,003
On market sale	$13,621,083	(5,000,000)	-	-	-
Holding after change		7,637,709	75,000	161,628	2,952,003

*Shares subject to vesting conditions – holding lock applied.

Issued: 2 November 2015

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	NORTHERN STAR RESOURCES LIMITED
ABN	43 092 832 892

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	CHRISTOPHER KENNETH GEORGEROWE
Date of last notice	7 APRIL 2015
Date of this notice	2 NOVEMBER 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	a) Direct b) Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	b) Little Breton Nominees Pty Ltd Breton Superannuation Fund a/c> – a holding of which the director is a beneficiary
Date of change	28, 29 October 2015 and 2 November 2015
No. of securities held prior to change	a) 1,500,000 b) 1,400,000
Class	b) Ordinary fully paid shares (NST)
Number acquired	Nil
Number disposed	250,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$2.8317 per share (average)
No. of securities held after change	a) 1,500,000 b) 1,150,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

• 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.

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

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

Schedule of director’s interests – Christopher Kenneth George Rowe

Securities, date and nature of change	Consideration	Christopher Kenneth George Rowe	Little Breton Nominees Pty Ltd **Superannuation Fund**\ **a/c>
Ordinary fully paid (NST)
Holding prior to change		1,500,000	1,400,000
On Market Sale	$706,549	-	(250,000)
Holding after change		1,500,000	1,150,000

Issued: 2 November 2015

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	NORTHERN STAR RESOURCES LIMITED
ABN	43 092 832 892

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	PETER EDMUND O’CONNOR
Date of last notice	20 November 2014
Date of this notice	2 November 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Avonmore Holdings Group Limited (Director’s family trust)
Date of change	27 October 2015
No. of securities held prior to change	600,000
Class	Ordinary fully paid shares (NST)
Number acquired	Nil
Number disposed	100,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$287,403
No. of securities held after change	500,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

• 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.

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

Part 3 –[+] Closed period

No Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

Schedule of director’s interests – Peter Edmund O’Connor

Securities, date and nature of change	Consideration	Peter Edmund O’Connor	Avonmore Holdings Group Ltd
Ordinary fully paid shares (NST)
Holding prior to change		-	600,000
On market sale	$287,403	-	(100,000)
Holding after change		-	500,000

Issued: 2 November 2015

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2