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 Richard R Hillis
Date of last notice	28thOctober 2011

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.		Richard and Belinda Hillis as trustees of theB. M. Hillis Family Trust
Date of change		2ndNovember 2012
No. of securities held prior to change		Direct100,000 Ordinary Fully Paid SharesIndirect202,500 Ordinary Fully Paid Shares650,000 Unquoted Options exercisable at$0.24, expiring 4 January 2015
Class		Ordinary Fully Paid SharesListed Options

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Number acquired	Number acquired	Number acquired	Number acquired	Number acquired	Direct33334 Odi Fll Pid Sh	Direct33334 Odi Fll Pid Sh	Direct33334 Odi Fll Pid Sh	Direct33334 Odi Fll Pid Sh
						, r33,334 Lis	nary uy ated Options	ares
						Indirect
						67500 Or	dinary Fully Paid	Shares
						,67,500 Lis	ted Options
	Nu	mber disosed
		p
	VaNote	lue/Consideration: If consideration is non-cash, pr	ovide details and estimated v	aluat	ion	$0.03 cent	s per share
	No	. of securities held aft	er change			Direct133,334 O	rdinary Fully Paid	Shares
									.03
						33,334 Liexpiring 2Indirect	sted Options exeNovember 2014	rcisable at $0
						270,000 O	rdinary Fully Paid
						67,500 Liexpiring 2650,000$0.24, exp	sted Options exeNovember 2014Unquoted Optioniring 4 January 20	rcisable at $0.03s exercisable at15
	NaExa	ture of changemple: on-market trade, off-market trade, exercise of options, issue of				Acquisition of shares and options inaccordancewiththeCompany’snon-
	securities under dividend reinvestment plan, participation in buy-back					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.

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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.

11/3/2002

Appendix 3Y Page 3