QPM ENERGY LIMITED — Director's Dealing 2012

Oct 15, 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 30/09/01 Amended 01/01/11

Name of entity Eagle Nickel Limited ABN 61 126 368 658

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	David Alan Zohar
Date of last notice	20/07/2012

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
	Indirect
Nature of indirect interest	i.	Julie Zohar - Spouse
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	ii.	ZoharSuperFundA/CBeneficially holding	–
	iii.	Shoshanna Zohar - Child
	iv.	Swancove Enterprises Pty Ltd	-
		Company in which relevant interest
		held
	v.	United Orogen Limited Company	in
		which relevant interest held
	vi.	IronMountainMiningLtd	-
		Company in which relevant interest
		held
	vii.	Aluminex Resources Ltd - Company
		in which relevant interest held
	viii.	Golden Century Mining Limited	-
		Company in which relevant interest
		held
Date of change	11 October 2012

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	3,302,791 Shares (Direct)20,316,002 Shares (Indirect)2,545,000 Options (Direct)34,103,500 Options (Indirect)
Class	Ordinaryfully paid shares
Number acquired	N/A
Number disposed	300,000 ordinary shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.016 per share
No. of securities held after change	3,002,791 Shares (Direct)20,316,002 Shares (Indirect)2,545,000 Options (Direct)34,103,500 Options (Indirect)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Sale of ordinary shares via off market sharetransfer

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(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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
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.

01/01/2011 Appendix 3Y Page 3