NORTHERN STAR RESOURCES LTD — Director's Dealing 2017

Dec 26, 2017

CHANGE OF DIRECTOR’S INTEREST NOTICE

Northern Star Resources Limited (ASX: NST) advises that Executive Chairman Bill Beament has sold one million shares in the Company. The proceeds will be used to repay a significant proportion of the loan advanced to Mr Beament by Northern Star under the Company’s Long Term Incentive scheme.

Mr Beament received an average price of $5.94 share. Following the sale, he holds 9.7 million Northern Star shares and three million unvested Performance Rights.

It is Mr Beament’s third sale of Northern Star shares since joining the Company more than 10 years ago, with the last sale in November 2015.

In the past seven years, Mr Beament has overseen the transition of Northern Star from a shell exploration company to a leading ASX100 gold producer with a market capitalisation of $3.6 billion.

ASX ANNOUNCEMENT 27 December 2017

A Change of Director’s Interest Notice (Appendix 3Y) is attached.

Australian Securities Exchange Code: NST

Board of Directors

Mr Bill Beament Executive Chairman

LIZA CARPENE Company Secretary Northern Star Resources Limited

Mr John Fitzgerald Lead Independent Director

Mr Chris Rowe Non-Executive Director

Mr Peter O’Connor Non-Executive Director

Ms Shirley In’t Veld Non-Executive Director

Investor Relations Enquiries: Media Enquiries: Luke Gleeson Paul Armstrong Northern Star Resources Limited Read Corporate T: +61 8 6188 2103 T: +61 8 9388 1474 E: lgleeson@nsrltd.com E: paul@readcorporate.com.au

Mr David Flanagan Non-Executive Director

Issued Capital

Shares 603M Options 0.9M Performance Rights 10M Current Share Price A$6.08 Market Capitalisation A$3.6 billion

Cash and Cash Equivalents 30 Sep 2017 - A$442.7 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

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	31 MARCH 2017
Date of this notice	27 DECEMBER 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	a), b) Indirect c) 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 Ms Karen Marie Beament - an account of which the Director is trustee and may be a beneficiary c) William James Beament
Date of change	19, 20, 22 and 27 December 2017
No. of securities held prior to change	Refer to attached schedule
Class	c) Ordinary fully paid shares (NST)
Number acquired	Nil
Number disposed	1,000,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$5.938 average per share
No. of securities held after change	Refer to attached schedule

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On-market trade Example: on-market trade, off-market trade, exercise of options, 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 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 + Ms Karen Marie **Beament **Emilion Super**\ **A/C> **	William James Beament	SECURITIES TOTAL
Ordinary fully paid shares (NST)				Note 1
Holding prior to change		7,691,585	100,000	2,952,003
On-market sale	$5,938,231	-	-	(1,000,000)
Holding after change		7,691,585	100,000	1,952,003	9,743,588
Performance Rights				Note 2
Holding prior to change		-	-	3,000,000
		-	-	-
Holding after change		-	-	3,000,000	3,000,000

Note 1: Performance Shares subject to vesting conditions and loan conditions – holding lock applied. Note 2: Performance Rights subject to vesting conditions – measurable at 16 October 2019.

Issued: 27 December 2017

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3