PENINSULA ENERGY LIMITED — Director's Dealing 2016

Sep 26, 2016

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: Peninsula Energy Limited ABN: 67 062 409 303

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	John Simpson
Date of last notice	29 October 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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Geohen Investments Pty LtdInterest as Director and BeneficiaryEtchell Capital Pty LtdInterest as Director and BeneficiaryEtchell Capital Pty Ltd <Simpson SuperannuationA/C>Interest as Director and BeneficiaryEtchell Investments P/L ATFInterest as Director and BeneficiaryPeninsula Energy LTIP Pty Ltd ATFPeninsula Energy Limited Employee Share PlansTrustInterest as Director and Beneficiary
Date of change	23 September 2016

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	No. of securities held prior to change	No. of securities held prior to change	Geohen Investments Pty Ltd- 419,896 Ordinary Fully Paid SharesEtchell Capital Pty Ltd <Simpson SuperannuationA/c>- 289,936 Ordinary Fully Paid Shares- 175,078 Listed Options exercisable at $1.20 on orbefore 31 December 2015 (PENOC)	Geohen Investments Pty Ltd- 419,896 Ordinary Fully Paid SharesEtchell Capital Pty Ltd <Simpson SuperannuationA/c>- 289,936 Ordinary Fully Paid Shares- 175,078 Listed Options exercisable at $1.20 on orbefore 31 December 2015 (PENOC)	Geohen Investments Pty Ltd- 419,896 Ordinary Fully Paid SharesEtchell Capital Pty Ltd <Simpson SuperannuationA/c>- 289,936 Ordinary Fully Paid Shares- 175,078 Listed Options exercisable at $1.20 on orbefore 31 December 2015 (PENOC)	Geohen Investments Pty Ltd- 419,896 Ordinary Fully Paid SharesEtchell Capital Pty Ltd <Simpson SuperannuationA/c>- 289,936 Ordinary Fully Paid Shares- 175,078 Listed Options exercisable at $1.20 on orbefore 31 December 2015 (PENOC)
			Etche	ll Caital Pt Ltd
			- 982,	p y043 Ordinary Fully Paid Shares
			- 186,on or	984 Listed PENOD Options exbefore 31 December 2018	ercisable at $2.00
			Blood	stone Limited
			- 555,	556 Ordinary Fully Paid Shares
	Class		Ordina	ry Shares (Restricted Share Un	its)
	Number acquired		262,5	00 Ordinary Shares (Restricted	Share Units)
	Number disposed		Nil
	Value/Consideration		$154,	875
	Note: If consideration is non-cash, provide details and estimated val	uation	(base	on market price of shares on d	ate of issue)
	No. of securities held after change		Geoh419	en Investments Pty Ltd896 Odi Fll Pid Sh
			- ,	rnary uy a ares
			EtcheA/c>	ll Capital Pty Ltd <Simpson	Superannuation
			- 289,- 175	936 Ordinary Fully Paid Share78 Listed Options exercisable	st $120 on or
			,before	31 December 2015 (PENOC)	.
			Etche	ll Capital Pty Ltd
			- 982,- 186,	043 Ordinary Fully Paid Shares984 Listed PENOD Options ex	ercisable at $2.00
			on or	before 31 December 2018
			Blood	stone Limited
			- 555,	556 Ordinary Fully Paid Shares
			Penin	sula Energy LTIP Pty Ltd ATF
			PeninTrust	sula Energy Limited Emplo	yee Share Plans
			- 262,Units)	500 Ordinary Fully Paid Shares	(Restricted Share

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back

Issue of Restricted Share Units (RSUs) to the MrSimpsonasapprovedbyshareholdersintheExtraordinary General Meeting held on 24 September2015.The Shares (RSUs) were issued to the Mr Simpsonunder the Company’s Long Term Incentive Plan, asapproved by shareholders at the Company’s EGM heldon 24 September 2015. The RSUs vest as fully paidordinary shares over a three year period following thedate of earning, with one third vesting each year. NoRSUs will vest to Mr Simpson prior to 1 July 2017. Afterthe date of grant, Mr Simpson must remain employedby or contracted to the Company on each annualvesting date to enable granted RSUs to vest. Grants ofRSUs each year are subject to the achievement ofBoard approved performance objectives. The shareprice used to calculate the number of RSU’s issued toMr Simpson was $0.80 per share.

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 in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011