Appendix 3Z Final Director's Interest Notice Appendix 3Z Final Director's Interest Notice

Rule 3.19A.3

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 Adavale Resources Limited

ABN 91 008 719 015

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director

Mr Roger Christian Steinepreis

Date of last notice

24 March 2011

Date that director ceased to be director

20 December 2012

Part 1 - Director's relevant interests in securities of which the director is the registered holde r

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.

Number & class of securities

150,000 Ordinary Shares

+ See chapter 19 for defined terms.

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Appendix 3Z Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered

holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest

As the controller of RC Steinepreis Family Trust No 2, Blueknight Corporation Pty Ltd and Ranchland Pty Ltd

Number & class of securities

17,336,838 Ordinary Shares

2,500,000 Unlisted Options exercisable at

$0.04 on or before 31 July 2014

Part 3 - Director's interests in contracts

Detail of contract N/A

Nature of interest N/A

Name of registered holder N/A

(if issued securities)

No. and class of securities to which interest relates N/A

Date Lodged: 20 December 2012

+ See chapter 19 for defined terms.

Appendix 3Z Page 2 14/12/2012

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