POLARX LIMITED — Director's Dealing 2013

May 7, 2013

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:	Coventry Resources Inc.
ARBN:	161 615 783

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.

the director for the purposes of section	205G of the Corporations Act.
Name of Director	Steven Chadwick
Date of last notice	27/02/2013

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
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	03/05/2013
Directly Held:	125,650 C$0.50 unlisted options expiry 17
	June 2015
Indirectly Held:
Spectrum Metallurgical Consultants Pty Ltd	333,226 Coventry CDIs
<Super Fund A/C>
Class	CDIs
Number acquired	8,041
Number disposed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Vl/Cidi	Vl/Cidi	Vl/Cidi
	Vl/Cidi						$112574
	aueonseratNote: If consideration is nvaluation		non-cash, provide details and estima			ted	,.
	Directl Held:						125650	$050 unlisted		options expiry 17
	y						, .June 2015
	Indirectly Held:						341,267 Coventry CDIs
	Spectrum Metallurgical Consultants Pty Ltd<S Fd A/C>						341,267 Coventry CDIs
	uper un
	Nature o	f change
							On market		rade
	Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-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	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 towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	N/A
If so, was prior written clearance provided toallow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on whatdate was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3