PERSEUS MINING LIMITED — Director's Dealing 2016

Jul 25, 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	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	Jeffrey Quartermaine
Date of last notice	23 November 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 Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.		Quartermaine Superannuation Fund,an entity in which Mr Quartermaineis a trustee and a beneficiary
Date of change		25 July 2016
No. of securities held prior to change	Class	Held in the name of
462,500	Ordinaryfullypaid shares	Jeffrey Quartermaine
100,000	Ordinaryfullypaid shares	Quartermaine Superannuation Fund
Number acquired	Ordinary fullypaid shares	56,250
Number disposed		N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation		$0.50 per share

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Class	Held in the name of
110,000	Ordinaryfullypaid shares	Quartermaine Superannuation Fund
508,750	Ordinaryfullypaid shares	Jeffrey Quartermaine
Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back	Participation in rights issue

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	Each Performance Right can convert to one ordinaryshare upon satisfaction of specified performance criteria(primarily the comparison of the Company’s totalshareholder return over a specified period against a peergroup).
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 inrelation to which the interest has changed	1,362,500 Performance Rights
Interest acquired	N/A.
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	1,362,500 Performance Rights

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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