PTR MINERALS LTD — Director's Dealing 2019

May 20, 2019

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	Petratherm Limited
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	Donald Stephens
Date of last notice	9 April 2018

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 tothe relevant interest.	(i)DCS Superannuation(ii)DonaldStephens Family TrustNo 2.
Date of change	21 May 2019
No. of securities held prior to change	Indirect(i)1,248,733ordinary fully paid shares(ii)(a)84,000 ordinary fully paid shares(b)625,000 unquoted options, exercisable at$0.10 expiring 24 November 2019(c)1,000,000unquoted options, exercisable at$0.04 expiring 6 April 2021
Class	(1)Fully Paid Ordinary Shares
Number acquired	(1)1,000,000
Number disposed	N/A

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	(1)$35,000($0.035per share)
No. of securities held after change	Indirect(i)2,248,733ordinary fully paid shares(ii)(a)84,000 ordinary fully paid shares(b)625,000 unquoted options, exercisable at$0.10 expiring 24 November 2019(c)1,000,000unquoted options, exercisable at$0.04 expiring 6 April 2021
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	On-market purchase

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	N/A
(if issued securities)
Date of change	N/A
No.andclass of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract inrelation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details andan estimated valuation
Interest after change	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	N/A
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

+ See chapter 19 for defined terms.