UNION STAR METALS LTD — Director's Dealing 2013

Feb 19, 2013

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 PROMESA LIMITED ABN 36 124 541 466

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	HERSH SOLOMON MAJTELES
Date of last notice	08/02/2013

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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Simon Nominees Pty Ltd < The HS Majteles Super Fund> Hersh Solomon Majteles is a Beneficiary of the Fund and a Director of the Trustee Company
Date of change	18 February 2013
No. of securities held prior to change	696,667 Ord Shares held by the following registered holders: • 696,667 Simon Nominees Pty Ltd < The HS Majteles Super Fund> 1,000,000 Director options expiring 31 December 2013 exercisable at $0.20: • 1,000,000 Simon Nominees Pty Ltd < The HS Majteles Super Fund>

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary Shares
Number acquired	303,333 Ordinary Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$ 14,750
No. of securities held after change	1,000,000 Ord Shares held by the following registered holders: • 1,000,000 Simon Nominees Pty Ltd < The HS Majteles Super Fund> 1,000,000 Director options expiring 31 December 2013 exercisable at $0.20: • 1,000,000 Simon Nominees Pty Ltd < The HS Majteles Super Fund>
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market & off-market purchase

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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
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?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2