ZENITH MINERALS LIMITED — Director's Dealing 2012

Dec 6, 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 ZENITH MINERALS LIMITED

ABN 96 119 397 938

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	Rodney Michael Joyce
Date of last notice	23/11/2012

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.	Nada Granich (spouse)
Date of change	30/11/12 and 7/12/2012
No. of securities held prior to change	Nada Granich: 1,420,910 ordinary shares
Class	Ordinary shares
Number acquired	1. 9,611 ordinary shares – on market purchase 2. 220,488 ordinary shares – take up of rights issue entitlement 3. 1,859,329 ordinary shares –acquired pursuant to underwriting of rights issue shortfall
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. 9,611 ordinary shares acquired for $1,633.87 2. 220,488 ordinary shares acquired as part of rights issue entitlement for $33,073.20 3. 1,859,329 ordinary shares – shares acquired pursuant to underwriting of rights issue shortfall for$278,899.40
No. of securities held after change	Nada Granich: 3,510,338 ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Indirect

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.

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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
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Part 3 –[+] Closed period

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Were the interests in the securities or contracts detailed
above traded during a [+] closed period where prior written YES for the on market
clearance was required? acquisition
If so, was prior written clearance provided to allow the trade YES
to proceed during this period?
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this 19 November 2012 provided?

• See chapter 19 for defined terms.

01/01/2011Appendix 3Y Page 3