PRAIRIE LITHIUM LIMITED — Board/Management Information 2012

Jul 19, 2012

ASX RELEASE 20th July 2012

RESIGNATION OF NON-EXECUTIVE DIRECTOR

ZYL Limited ("ZYL" or the "Company") (ASX: ZYL), the Perth-based emerging anthracite producer with key projects in development, announces that Non-Executive Director Dr Eric Lilford has resigned from the Board.

The Board acknowledges and thanks the valuable contribution Dr Lilford has made to the Company, both as Managing Director and Non-Executive Director, since his appointment in July 2010 and wishes him well in his future endeavours.

ENDS

Contact:

Nicholas Ong, Company Secretary

• T: +61 (0) 8 9486 4036
• M: +61 (0) 424 598 561
• E: nong@zyllimited.com.au

Media - Australia

• Annette Ellis, Purple Communications
• T: +61 (0) 8 6314 6300
• M: +61 (0) 458 200 039
• E: aellis@purplecom.com.au

Media - South Africa

Pam Wolstenholme, Russell and Associates

• T: +27 (0) 11 880 3924
• M: +27 (0) 82 872 6387
• E: pam@rair.co.za

About ZYL Limited

ZYL Limited is listed on the Australian Securities Exchange (ASX) and aims to become one of the world's leading anthracite coal producers. The mission of ZYL is to develop high-margin metallurgical coal deposits for domestic and export markets. Flagship projects are the Mbila and Kangwane projects in South Africa, located close to rail, port, power and water infrastructure.

Corporate Office:

Level 8, 225 St Georges Terrace, Perth 6000,Western Australia Tel: +61 8 9486 4036 Email: info@zyllimited.com.au PO Box 7653, Cloisters Square, Perth 6850, Western Australia Fax: +61 8 9486 4799 Web: www.zyllimited.com.au

Rule 3.19A.3

Appendix 3Z

Final 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	ZYL LIMITED
ABN	15 008 720 223

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Dr Eric Lilford
Date of last notice	23/05/2011
Date that director ceased to be director	20/07/2012

Part 1 – Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

6,583,334 ordinary shares

2,500,000 options exercisable at 6 cents each on or before 21 February 2013

+ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest	Number & class of securities
	N/A

Part 3 – Director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities to whichinterest relates	N/A

+ See chapter 19 for defined terms.