PTR MINERALS LTD — Director's Dealing 2012

Nov 7, 2012

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 30/9/2001.

Name of entity	PETRATHERM LTD
ABN	17 106 806 884

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	Mr Terry Kallis
Date of last notice	8thMarch 2012

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	(b)(i)Eleni Kallis (wife)
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	(b)(ii) The Kallis Family Trust
interest.
Date of change	2ndNovember 2012
No. of securities held prior to change	Direct
	750,000 Unquoted Options exercisable at
	$0.37 expiring 30/04/2013
	270,480 Ordinary Fully Paid Shares
	Indirect
	(b)(i)500,000 Unquoted Options exercisable
	at $0.24 expiring 4 January 2015.
	(b)(i)500,000 Unquoted Options exercisable
	at $0.29 expiring 4 January 2015.
	(b)(ii)500,000 Unquoted Options exercisable
	at $0.13 expiring 2 March 2017.
Class	Ordinary Fully Paid Shares
	Listed Options

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number acquired		90,160 Ordinary Fully Paid Shares90,160 Listed Options
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		$0.03 cents per share
No. of securities held after change		Direct750,000 Unquoted Options exercisable at$0.37 expiring 30/04/2013360,640 Ordinary Fully Paid Shares90,160 Listed Options exercisable at $0.03expiring 2 November 2014Indirect(b)(i)500,000 Unquoted Options exercisableat $0.24 expiring 4 January 2015.(b)(i)500,000 Unquoted Options exercisableat $0.29 expiring 4 January 2015.(b)(ii)500,000 Unquoted Options exercisableat $0.13 expiring 2 March 2017.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		Acquisition of shares and options inaccordancewiththeCompany’snon-renounceable 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 Nature of interest Name of registered holder (if issued securities) Date of change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow Not applicable the trade to proceed during this period? If prior written clearance was provided, on what Not applicable date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002