PROSPECT RESOURCES LIMITED — Director's Dealing 2015

Dec 15, 2015

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	Prospect Resources Limited
ABN	30 124 354 329

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	Hugh Warner
Date of last notice	23 September 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.	Elliot Holdings Pty LtdHWarner&DWarnerATFCBMSuperfundAnglo Pacific Ventures Pty LtdThe Longevity Fund Pty Ltd
Date of change	14 December 2015
No. of securities held prior to change	114,450,000 fully paid ordinary shares
Class	Unlisted options
Number acquired	15,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil consideration–issued as part of hisremuneration,andasapprovedbyShareholders at the 2015 AGM held on20November 2015

+ See chapter 19 for defined terms.

No. of securities held after change	114,450,000fully paid ordinary shares15,000,000 unlisted and unvested options,each exercisable at 0.5 cents per option,
	which vests when the 20 day VWAP of theCompany's share price is 1 cent or above,expiring on 14 December 2018
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of unlisted and unvested options aspart of his remuneration, as approved byShareholders at the 2015 AGM held on20November 2015

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(ifissued 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	N/A
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	N/A

Were the interests in the securities or contracts detailed	N/A
+closed periodabove tradedduring awhere prior written
clearance was required?

+ See chapter 19 for defined terms.

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.

Appendix 3Y

Rule 3.19A.2

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	Prospect Resources Limited
ABN	30 124 354 329

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	Duncan (Harry) Greaves
Date of last notice	30 May 2014

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	Directand indirect
Nature ofindirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Continental Minerals Limited, a companybasedin Zimbabwe, holding the sharesacquired on trust for Mr Greaves
Date of change	14 December 2015
No. of securities held prior to change	20,957,944fully paid ordinary shares
Class	Unlisted options
Number acquired	15,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil considerationissued as part of his–remuneration,andasapprovedbyShareholders at the 2015 AGM held on20November 2015

+ See chapter 19 for defined terms.

No. of securities held after change	20,957,944 fully paid ordinary shares
	15,000,000 unlisted and unvested options,each exercisable at 0.5 cents per option,which vests when the 20 day VWAP of theCompany's share price is 1 cent or above,expiring on 14 December 2018
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of unlisted and unvested options as partofhisremuneration,asapprovedbyShareholders at the 2015 AGM held on20November 2015

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 issuedsecurities)	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

Were the interests in the securities or contracts detailed+closed periodabove tradedduring awhere prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A

+ See chapter 19 for defined terms.

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

+ See chapter 19 for defined terms.

Appendix 3Y

Rule 3.19A.2

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	Prospect Resources Limited
ABN	30 124 354 329

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	Zivanayi (Zed) Rusike
Date of last notice	2 June 2014

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	14 December 2015
No. of securities held prior to change	12,403,738 fully paid ordinary shares
Class	Unlisted options
Number acquired	5,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil consideration–issued as part of hisremuneration,andasapprovedbyShareholders at the 2015 AGM held on20November 2015

+ See chapter 19 for defined terms.

No. of securities held after change	12,403,738 fully paid ordinary shares
	5,000,000 unlisted and unvested options,each exercisable at 0.5 cents per option,which vests when the 20 day VWAP of theCompany's share price is 1 cent or above,expiring on 14 December 2018
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of unlisted and unvested options as partofhisremuneration,asapprovedbyShareholders at the 2015 AGM held on20November 2015

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

Were the interests in the securities or contracts detailed+closed periodabove tradedduring awhere prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A

+ See chapter 19 for defined terms.

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

+ See chapter 19 for defined terms.

Appendix 3Y

Rule 3.19A.2

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	Prospect Resources Limited
ABN	30 124 354 329

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	Gerry Fahey
Date of last notice	27 September 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	RoxboroPtyLtdATFTheFaheySuperannuation Fund
Date of change	14 December 2015
No. of securities held prior to change	Nil
Class	Unlisted options
Number acquired	5,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil consideration–issued as part of hisremuneration,andasapprovedbyShareholders at the 2015AGM held on20November 2015

+ See chapter 19 for defined terms.

No. of securities held after change	5,000,000 unlisted and unvested options,each exercisable at 0.5 cents per option,which vests when the 20 day VWAP of theCompany's share price is 1 cent or above,expiring on 14 December2018
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of unlisted and unvested options as partofhisremuneration,asapprovedbyShareholders at the 2015 AGM held on20November 2015

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

Were the interests in the securities or contracts detailed	N/A
+closed periodabove tradedduring awhere prior written
clearance was required?
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.