RED MOUNTAIN MINING LIMITED — Director's Dealing 2012

Dec 23, 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 Red Mountain Mining Ltd

ABN 40 119 568 106

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	Neil Fredrick Warburton
Date of last notice	5 September 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	The securities are held by Michlange Pty Ltd<NF Warburton Family A/C>.Mr Warburton is a Director and shareholderof Michlange Pty Ltd and a beneficiary of thetrust.
Date of change	20 December 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	No. of securities held prior to change	No. of securities held prior to change	No. of securities held prior to change	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016	Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016
					Idi
					nrect4,565,625 Ordinary		Shares1hares3Shares4exercisable at $0.2020141
					297,500 Ordinary S1,500,000 Ordinary
					3,399,375 Optionsexpiring on 30 June
					625,00375,00expirin77272	0 Ordinary S0Optionsg on 30 June2Options	hares2exercisable20142exercisable	at$0.20at$025
					, .expiring on 31 July 20143772722Oiibl $035
					,expirin2,000,expirin2,000,	ptonsg on 31 July000 Optionsg on 1 July 2000 Options	exercsae20163exercisable0144.exercisable 4	at.at $0.25at $0.50
					expirin1.	g on 1 July 2Held by Mi	016 chlange Pty Lt	d of which
					2.	Mr WarbushareholderHeld by Au	rton is a dir.stralian Beijing	ector andHoldings
					Pty Ltd of which Mr Warburton is adirector and shareholder.3. Held by Michlange Pty Ltd <NFWarburtonFamilyA/C>.MrWarburtonisadirectorandshareholder and beneficiary of thetrust.4. HeldbyMichlangePtyLtd<WarburtonSuperA/C>.MrWarburtonisadirectorandshareholder and beneficiary of thetrust.
	Class				Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number acquired	200,000 Fully Paid Ordinary Shares
Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	14.32 cents each

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct125,000 Ordinary Shares75,000 Options exercisable at $0.20 expiringon 30 June 2014424,250Optionsexercisableat$0.25expiring on 31 July 2014424,250Optionsexercisableat$0.35expiring on 31 July 2016Indirect4,565,625 Ordinary Shares1497,500 Ordinary Shares31,500,000 Ordinary Shares43,399,375 Options exercisable at $0.20expiring on 30 June 20141625,000 Ordinary Shares2375,000Optionsexercisableat$0.20expiring on 30 June 20142772,722Optionsexercisableat$0.25expiring on 31 July 20143772,722Optionsexercisableat$0.35expiring on 31 July 201632,000,000 Options exercisable at $0.25expiring on 1 July 20144.2,000,000 Options exercisable at $0.50expiring on 1 July 201641. Held by Michlange Pty Ltd of whichMr Warburton is a director andshareholder.2. Held by Australian Beijing HoldingsPty Ltd of which Mr Warburton is adirector and shareholder.3. Held by Michlange Pty Ltd <NFWarburtonFamilyA/C>.MrWarburtonisadirectorandshareholder and beneficiary of thetrust.4. HeldbyMichlangePtyLtd<WarburtonSuperA/C>.MrWarburtonisadirectorandshareholder and beneficiary of thetrust.

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change On market trade. Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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
Name of registered holder(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

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?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 5