Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice

gsRule 3.19A.2

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 LACHLAN STAR LIMITED

ABN 88 000 759 535

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 JAMES MCMULLEN

Date of last notice

19 November 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.

Wildville Enterprises Pty Ltd

McMullen Family A/C> (Beneficiary)

McMullen Geological Services Pty Ltd

(Director and shareholder)

MJ & BI McMullen

A/C> (Trustee)

Date of change

31 December 2012

No. of securities held prior to change

2,490,212 ordinary share

75,000 unlisted options exercisable at $1.20 expiring 25/11/2013

Class

Ordinary shares

Number acquired

20,000

Number disposed

Nil

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

$22,000


+ See chapter 19 for defined terms.
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Appendix 3Y Change of Director's Interest Notice

No. of securities held after change

2,510,212 ordinary shares

75,000 unlisted options exercisable at $1.20 expiring 25/11/2013

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 trade

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 No during a +closed period where prior written clearance was required?


+ See chapter 19 for defined terms.
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Appendix3Y Change ofDirector's Interest Notice


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 terrns.

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