Resolute Mining Limited — Director's Dealing 2017

Aug 24, 2017

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 30/9/2001.

Name of entity	RESOLUTE MINING LIMITED
ABN	39 097 088 689

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	John Paul Welborn
Date of last notice	21 August 2017

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

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.
Date of change	Refer to Nature of Change
No. of securities held prior to change	2,100,000 fully paid ordinary shares1,515,000 Performance Rights with a vesting date of 30June 2018 (annual grant)564,000 Performance Rights with a vesting date of 30June 2019 (annual grant)400,000 Performance Rights with a vesting date of 30June 2018 (special grant)600,000 Performance Rights with a vesting date of 30June 2019 (special grant)1,000,000 Performance Rights with a vesting date of 30June 2020 (special grant)
Class	Fully paid ordinary shares
Number acquired	N/A

+ See chapter 19 for defined terms.

Number disposed	Refer to Nature of Change
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Refer to Nature of Change
No. of securities held after change	881,478fully paid ordinary shares1,515,000 Performance Rights with a vesting date of 30June 2018 (annual grant)564,000 Performance Rights with a vesting date of 30June 2019 (annual grant)400,000 Performance Rights with a vesting date of 30June 2018 (special grant)600,000 Performance Rights with a vesting date of 30June 2019 (special grant)1,000,000 Performance Rights with a vesting date of 30June 2020 (special grant)
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Further to Mr John Welborn'sprevious Appendix 3Y,Mr Welborn has now been advised that over the periodfrom in or about 16 to 23 March 2017, 1,218,522Resolute shares held in his name were sold. MrWelborn has not been able to verify this sale andfurther investigations are being conducted into thematter. However, in order to ensure the market remainsfully informed the Company has lodged this Appendix3Y to reflect the current position.

Part 2 – Change of director's interests in contracts

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 changeNote: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

Part 3 – Closed Period

Were the interests in the securities orcontracts detailed above traded during aclosed period where prior written clearancewas required?	N/A
If so, was prior written clearance provided toallow the trade to proceed during thisperiod?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

+ See chapter 19 for defined terms.