THOR ENERGY PLC — Director's Dealing 2015

Jun 2, 2015

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 30/9/2001.

Name of entity: Thor Mining PLC
ARBN: 121 117 673

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	Michael Robert Billing
Date of last notice	11 November 2014

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 & Indirect
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	Michael Billing is:
• a trustee and beneficiary of the Lapun Kamap Super Fund and
• a director and shareholder of MBB Trading Pty Ltd.
Date of change	3 June 2015
No. of securities held before change - Direct	• 10,735,570 CDIs
• 2,500,000 AIM listed Shares
No. of securities held before change - Indirect	Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
• 59,845,087 CDIs
Held by MBB Trading Pty Ltd
• 29,578,294 CDIs.

• See chapter 19 for defined terms.

30/9/2001

Appendix 3Y Page 1

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Appendix 3Y

Change of Director's Interest Notice

| Class | • CDIs (ASX)
• Shares (AIM) |
| --- | --- |
| Number acquired – Direct | • Nil |
| Number acquired - Indirect | • 10,000,000 CDIs held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. |
| Number disposed | N/A |
| Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation | AUD$11,000. |
| No. of securities held after change - Direct | • 10,735,570 CDIs
• 2,500,000 AIM listed Shares |
| No. of securities held after change - Indirect | Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
• 69,845,087 CDIs
Held by MBB Trading Pty Ltd
• 29,578,294 CDIs. |
| Nature of change
(b) Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Off-market trade |

• See chapter 19 for defined terms.

30/9/2001

Appendix 3Y Page 2

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Appendix 3Y
Change of Director's Interest Notice

Part 2 – Change of director’s interests in contracts

Detail of contract
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
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

Were the interests in the securities or contracts detailed above traded during a $^+$ closed period where prior written clearance was required?	No.
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

30/9/2001
Appendix 3Y Page 3