Whitehaven Coal : Appendix 3Y - Paul Flynn

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	Whitehaven Coal Limited
ABN	68 124 425 396

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	Paul Flynn
Date of last notice	29 November 2017

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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Emilu Pty Ltd as trustee for the Pirata Super Fund and Emilu Pty Ltd as trustee for the PYC Family Trust
Date of change	29 August 2018
No. of securities held prior to change	Ordinary Shares Direct: 857,599 Indirect: 383,792 Vested Securities 142,466 Performance Share Rights subject to a service condition until August 2018 Unvested Securities 2,405,050 Performance Share Rights 2,608,430 Performance Options comprising:  1,822,081 Performance Options with an exercise price of $1.07  786,349 Performance Options with an exercise price of $2.71

+ See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Class	Ordinary shares and Performance Share Rights
Number acquired	858,311 shares received on vesting and exercise of Performance Share Rights (including 29,309 shares received in accordance with the Performance Rights Adjustment approved at the Company's 2017 AGM)
Number disposed	829,002 Performance Share Rights converted to shares 82,232 Performance Share Rights lapsed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Ordinary Shares Direct: 857,599 Indirect: 1,242,103 Vested Securities 231,488 Performance Share Rights 164,465 Performance Share Rights subject to a service condition until August 2019 Unvested Securities 1,240,329 Performance Share Rights 2,608,430 Performance Options comprising:  1,822,081 Performance Options with an exercise price of $1.07  786,349 Performance Options with an exercise price of $2.71
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Vesting and exercise of Performance Share Rights

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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

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 Note: Details are only required for a contract in relation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	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
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