PERSEUS MINING LIMITED — Director's Dealing 2014

Jun 3, 2014

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	PERSEUS MINING LIMITED
ABN	27 106 808 986

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	COLIN JOHN CARSON
Date of last notice	21 November 2013

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 Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Cadden Nominees Pty Ltd, an entity in which Mr Carson is a director and holds a beneficial interest
Date of change		N/A
No. of securities held prior to change	Class	Held in the name of
363,500	Ordinary fully paid shares	Colin John Carson
489,700	Ordinary fully paid shares	Cadden Nominees Pty Ltd
Number acquired		N/A
Number disposed		N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		N/A

• See chapter 19 for defined terms.

Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Class	Held in the name of
363,500	Ordinary fully paid shares	Colin John Carson
489,700	Ordinary fully paid shares	Cadden Nominees Pty Ltd
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A

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	Pursuant to shareholder approval received on 4 June 2014, Colin Carson has been issued performance rights under the terms and conditions of the Company’s Performance Rights Plan (approved by shareholders in November 2012).
Nature of interest	Each Performance Right can convert to one ordinary share upon satisfaction of specified performance criteria (primarily the comparison of the Company’s total shareholder return over a specified period against a peer group).
Name of registered holder (if issued securities)	N/A
Date of change	4 June 2014
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	300,000 Performance Rights
Interest acquired	400,000 Performance Rights
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	700,000 Performance Rights

• See chapter 19 for defined terms.

Page 2

Appendix 3Y Change of Director’s Interest Notice

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Page 3