RED MOUNTAIN MINING LIMITED — Director's Dealing 2012

Aug 7, 2012

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	Keith Bowden Rowe
Date of last notice	21 December 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	The securities are held by held by Keith andLesleyRowe<roweSelfAdministeredSuperannuation Fund> of which Mr Rowe is abeneficiary.</rowe
Date of change	3 August 2012

+ See chapter 19 for defined terms.

No. of securities held prior to change	Direct
	312,500 Ordinary Shares187,500 Options Exercisable at $0.20 expiring on
	30 June 2014
	424,430 Options exercisable at $0.25 expiring on
	31 July 2014
	424,430 Options exercisable at $0.35 expiring on
	31 July 2016
	Indirect
	4,415,625 Ordinary Shares1
	2,649,375 options exercisable at $0.20 expiringon 30 June 20141625,000 Ordinary Shares2
	375,000 options exercisable at $0.20 expiring on
	30 June 20142
	100,000 Ordinary Shares3
	1,159,084 Tranche 1 Options exercisable at $0.25expiring on 31 July 20144
	;1,159,084 Tranche 2 Options exercisable at $0.35
	expiring on 31 July 20164
	1.held by Keith Bowden Rowe and Lesley
	Rowe (Joint Holding)
	2.held by Australian Beijing Holdings Pty
	Ltd of which Mr Rowe is a director and
	shareholder.
	3.held by Keith and Lesley Rowe <roweSelfAdministeredSuperannuation</rowe
	Fund>ofwhichMrRoweisa
	beneficiary;
	4.held by Keith Rowe and Lesley Rowe
	of which Mr Rowe
	is a beneficiary.
Class	Shares
Number acquired	500,000
Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated	$0.07 each
valuation

+ See chapter 19 for defined terms.

No. of securities held after change	Direct312,500 Ordinary Shares187,500 Options Exercisable at $0.20 expiring on30 June 2014424,430 Options exercisable at $0.25 expiring on31 July 2014424,430 Options exercisable at $0.35 expiring on31 July 2016
	Indirect4,415,625 Ordinary Shares12,649,375 options exercisable at $0.20 expiringon 30 June 201412625,000 Ordinary Shares375,000 options exercisable at $0.20 expiring on30 June 20142600,000 Ordinary Shares31,159,084 Tranche 1 Options exercisable at $0.25expiring on 31 July 20144;1,159,084 Tranche 2 Options exercisable at $0.35expiring on 31 July 20164
	1.held by Keith Bowden Rowe and LesleyRowe (Joint Holding)2.held by Australian Beijing Holdings PtyLtd of which Mr Rowe is a director andshareholder.3.held by Keith and Lesley Rowe <roweSelfAdministeredSuperannuationFund>ofwhichMrRoweisabeneficiary.4.held by Keith Rowe and Lesley Rowe of which Mr Roweis a beneficiary.</rowe
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	On market trade

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

+ See chapter 19 for defined terms.

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

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere 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.