RED MOUNTAIN MINING LIMITED — Director's Dealing 2014

Feb 11, 2014

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	Lawrence Jonathon Dugdale
Date of last notice	19 November 2013

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	The securities are held by Mr LJ and	Dr AL
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Dugdale <Dugdale SuperannuationA/C>	Fund
	Mr Dugdale is a trustee and beneficiary of
	the fund.
Date of change	12 February 2014
No. of securities held prior to change	Indirect
	1,550,000 Ordinary Shares1
	75,000 Listed Options exercisable	at 1.5
	cents on or before 30 June 20141
	37,500 Listed Options exercisable	at 3.0
	cents on or before 30 June 20161
	Held by LJ and Dr AL Dugdale
	<DugdaleSuperannuation	Fund
	A/C>. Mr Dugdale is a trustee and
	beneficiaryof the fund.

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares
Number acquired	532,200 Fully Paid Ordinary Shares
Number disposed	Nil.
Value/Consideration	$9,047.40 (1.7 cents per Share)
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Indirect
	2,082,200 Ordinary Shares1
	75,000 Listed Options exercisable at 1.5
	cents on or before 30 June 20141
	37,500 Listed Options exercisable at 3.0
	cents on or before 30 June 20161
	1. Held by LJ and Dr AL Dugdale
	<DugdaleSuperannuation	Fund
	A/C>. Mr Dugdale is a trustee and
	beneficiary of the fund.
Nature of change	Issued under the Share Purchase	Plan as
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in	announced on 15 January 2014.
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 which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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