Cape Lambert Resources : Appendix 3Y - Tony Sage

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 CAPE LAMBERT RESOURCES LIMITED

ABN 71 095 047 920

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	Antony Sage
Date of last notice	14 November 2016

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	Indirect (1):
	(including registered holder)	Shares owned by PG Partnership, of which
	Note: Provide details of the circumstances giving rise to the	Okewood Pty Ltd is a member, a company in
	relevant interest.	which Mr Sage has a relevant interest.
		Indirect (2):
		Securities owned by Okewood Pty Ltd, a
		company in which Mr Sage has a relevant
		interest.
	Date of change	19 February 2020
	No. of securities held prior to change	Indirect (1):
		250,000 Fully Paid Ordinary Shares
		Indirect (2):
		77,516,681 Fully Paid Ordinary Shares

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

Appendix 3Y

Change of Director's Interest Notice

Class	Fully Paid Ordinary Shares
Number acquired	38,499,995
Number disposed	Nil
Value/Consideration	To satisfy debts owing of $384,999.95
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	Indirect (1):
	250,000 Fully Paid Ordinary Shares
	Indirect (2):
	116,016,676 Fully Paid Ordinary Shares
Nature of change	Pursuant to shareholder approval at the
Example: on-market trade, off-market trade, exercise of	Annual General Meeting held on 11 February
options, issue of securities under dividend reinvestment plan,	2020.
participation in buy-back

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired	N/A
Interest disposed	N/A

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

Part 3 - +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?
Date: 21 February 2020

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