PACIFIC RESOURCES LIMITED — Director's Dealing 2010

Aug 18, 2010

Appendix 3Y

Rule 3.19A.2

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	LODESTONE ENERGY LIMITED
ABN	20 075 877 075
Date	19 August 2010

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
	Lance Ronald Grimstone
Date of last notice	26 June 2009

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.	Mr Grimstone is a trustee of the GrimstoneSuperannuation Fund, the beneficial owner ofthe shares
Date of change	17 August 2010
No. of securities held prior to change	Indirect – 4,631,525 Ordinary SharesIndirect – 2,000,000 Unlisted OptionsDirect – 2,000,000 Perf. Rights Type 1Direct – 2,000,000 Perf. Rights Type 2
Class	Ordinary Shares
Number acquired	2,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil

+ See chapter 19 for defined terms.

No. of securities held after change	Direct – 2,000,000 Ordinary SharesIndirect – 4,631,525 Ordinary SharesIndirect – 2,000,000 Unlisted OptionsDirect – 2,000,000 Perf. Rights Type 2
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Exercise of Performance Rights Type 1

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

+ See chapter 19 for defined terms.