ORBMINCO LIMITED — Director's Dealing 2011

Sep 28, 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 30/9/2001.

Name of entity: Australian-American Mining Corporation NL

ABN: 99 073 155 781

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	James Lewis Michael Malone
Date of last notice	5 January 2011

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.	Kilkenny Enterprises Pty Ltd.
Date of change	26 September 2011
No. of securities held prior to change	2,294,962 ordinary fully paid shares.7,666,667 options exercisable at $0.10 andexpiring 31 December 2012.
Class	Fully paid ordinary shares.Options to acquire ordinary fully paid shares.
Number acquired	N/A
Number disposed	Decrease in securities held resulting fromShare Consolidation effective 26/9/11.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil.
No. of securities held after change	458,993 ordinary fully paid shares.1,533,334 options exercisable at $0.50 andexpiring 31 December 2012.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Decrease in securities held resulting from Example: on-market trade, off-market trade, exercise of options, issue of Share Consolidation effective 26/9/11. 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 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

• See chapter 19 for defined terms. Appendix 3Y Page 2

11/3/2002