VARISCAN MINES LIMITED — Director's Dealing 2012

Mar 26, 2012

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 PlatSearch NL (ASX Code: PTS) ABN 16 003 254 395

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	KWAN Chee Seng
Date of last notice	13 December 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Kwan Chee Seng is the beneficial owner of certain shares registered in the name of HSBC Custody Nominees (Australia) Limited
Date of change	Between 21 and 23 March 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	- 47,147,730 sharesin the name of HSBC Custody Nominees (Australia) Limited - 2,000,000 options exercise price 18 cents and expiry date 27 November 2014(beneficial owners Kwan Chee Seng 1,000,000; Kantilal Champaklal 500,000 and Roy Tan Chit Sim 500,000) - 2,000,000 options exercise price 30 cents and expiry date 25 November 2015(beneficial owners Kwan Chee Seng 1,000,000; Kantilal Champaklal 500,000 and Roy Tan Chit Sim 500,000)
Class	Ordinary Shares
Number acquired	3,477,695
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$303,090
No. of securities held after change	- 50,625,425 sharesin the name of HSBC Custody Nominees (Australia) Limited - 2,000,000 options exercise price 18 cents and expiry date 27 November 2014(beneficial owners Kwan Chee Seng 1,000,000; Kantilal Champaklal 500,000 and Roy Tan Chit Sim 500,000) - 2,000,000 options exercise price 30 cents and expiry date 25 November 2015(beneficial owners Kwan Chee Seng 1,000,000; Kantilal Champaklal 500,000 and Roy Tan Chit Sim 500,000)

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, On Market trades issue of securities under dividend reinvestment plan, participation in 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 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.

01/01/2011 Appendix 3Y Page 3