Consolidated Zinc : Change of Director’s Interest Notice – AR

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. Amended 01/01/11

Name of entity

Consolidated Zinc Limited

ABN

27 118 554 359

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	Andrew Richards
Date of last notice	9 January 2019

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.	 Mr Andrew Lehane Richards and Mrs Kerry Suzanne Richards as trustee for the Ankemala Superannuation Fund (Beneficiary).  Arc Resources Pty Ltd as trustee for the AK Growth Trust (Beneficiary)
Date of change	22 January 2019
No. of securities held prior to change Ankemala Superannuation Fund Arc Resources Pty Ltd as trustee for the AK Growth Trust	3,225,000 Ordinary Fully Paid Shares 2,895,000 Ordinary Fully Paid Shares 2,500,000 Unlisted options ($0.06, 5/6/20) 500,000 Performance Rights - A (30/9/19) 500,000 Performance Rights - B (30/9/19) 500,000 Performance Rights - C (30/9/19) 500,000 Performance Rights - D (30/12/19) 500,000 Performance Rights - E (30/06/20) 500,000 Performance Rights - F (30/12/20) 250,000 Performance Rights - G (30/12/19) 500,000 Performance Rights - H (30/06/20) 500,000 Performance Rights - I (30/12/20)

+ See chapter 19 for defined terms.

1/1/2011

Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Class	Ordinary Shares Peformance Rightsonconversionof
Number acquired	750,000
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change Ankemala Superannuation Fund Arc Resources Pty Ltd as trustee for the AK Growth Trust	3,225,000 Ordinary Fully Paid Shares 3,645,000 Ordinary Fully Paid Shares 2,500,000 Unlisted options ($0.06, 5/6/20) 500,000 Performance Rights - A (30/9/19) 500,000 Performance Rights - C (30/9/19) 500,000 Performance Rights - D (30/12/19) 500,000 Performance Rights - E (30/06/20) 500,000 Performance Rights - F (30/12/20) 500,000 Performance Rights - H (30/06/20) 500,000 Performance Rights - I (30/12/20)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of Performance Rights into fully paid ordinary shares following satisfaction of specific performance criteria.

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	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y

Change of Director's Interest Notice

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

N/A

+ See chapter 19 for defined terms.

1/1/2011

Appendix 3Y Page 3