RIEDEL RESOURCES LIMITED — Director's Dealing 2011

Aug 11, 2011

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 Riedel Resources Limited ABN 91 143 042 022

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	Jeffrey John Moore
Date of last notice	28 July 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	Direct and Indirect
Nature of indirect interest	Jeffrey John Moore & Julia Rosalind Moore
(including registered holder)
Note: Provide details of the circumstances giving
rise to the relevant interest.
Date of change	10 August 2011
	11 August 2011

• 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	Direct/Indirect - 200,000 Fully Paid OrdinarySharesDirect/Indirect - 100,000 Options 20c ex, expiry30 Nov2012Direct - 2,000,000 performance rights vestingwhen the Company’s share price isequal to or greater than Au27 cents for20 consecutive trading days, expiry 25July 2014Direct - 2,000,000 performance rights vestingwhen the Company’s share price isequal to or greater than Au36 cents for20 consecutive trading days, expiry 25July 2014Direct - 2,000,000 performance rights vestingwhen the Company’s share price isequal to or greater than Au45 cents for20 consecutive trading days, expiry 25July 2014
Class	Fully paid Ordinary Shares
Number acquired	50,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	25,000 @ 8 cents, $2,000.0025,000 @ 9.5 cents, $2,375.00

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct/Indirect - 250,000 Fully Paid OrdinarySharesDirect/Indirect - 100,000 Options 20c ex, expiry30 Nov2012Direct - 2,000,000 performance rights vestingwhen the Company’s share price isequal to or greater than Au27 cents for20 consecutive trading days, expiry 25July 2014Direct - 2,000,000 performance rights vestingwhen the Company’s share price isequal to or greater than Au36 cents for20 consecutive trading days, expiry 25July 2014Direct - 2,000,000 performance rights vestingwhen the Company’s share price isequal to or greater than Au45 cents for20 consecutive trading days, expiry 25July 2014

Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-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	NA
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 acontract in relation to which theinterest has changed

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 detailed above	No
traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	-
proceed during this period?
If prior written clearance was provided, on what date was this	-
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011