Liontown Resources : Appendix 3Y - Anthony Cipriano

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 Liontown Resources Limited

ABN	39 118 153 825

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	Anthony J Cipriano
Date of last notice	28 October 2020

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	1) Julie Zongaro-Robich is the spouse of
(including registered holder)	Anthony J Cipriano.
Note: Provide details of the circumstances giving rise to the
relevant interest.	2) Sky High Superannuation Fund - Anthony
	J Cipriano is the trustee and beneficiary of
	the Sky High Superannuation Fund.
	3) Anthony James Cipriano as trustee for The
	AJC Family Trust.
	4) Anthony James Cipriano as a joint trustee
	for The SC Family Trust.
Date of change	(a) 25 November 2020: issue of 1,000,000
	unlisted options
	(b) 30 November 2020: purchase of 250,000
	shares

+ See chapter 19 for defined terms.

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Appendix 3Y

Change of Director's Interest Notice

No. of securities held prior to change	Direct interest:
	348,300 fully paid ordinary shares
	Indirect interest:
	1) Julie Zongaro-Robich:
	7,036,275 fully paid ordinary shares
	2) Sky High Superannuation Fund:
	2,000,000 fully paid ordinary shares
	3) AJC Family Trust:
	i) 6,658,487 fully paid ordinary shares
	ii) 2,000,000	unlisted	options	with	an
	exercise price of 15 cents and expiry date
	of 28 November 2022.
	iii) 56,849 Service Rights (SR3) with a
	vesting date of 31 December 2020 and
	expiry date of 31 December 2022.
	4) SC Family Trust:
	150,000 fully paid ordinary shares
Class	(a) Unlisted options
	(b) Fully paid ordinary shares
Number acquired	(a) 1,000,000 unlisted options with an
	exercise price of 30 cents and expiry
	date of 25 November 2023
	(b) 250,000 Fully paid ordinary shares
Number disposed	N/A
Value/Consideration	(a) No consideration is provided as they are
Note: If consideration is non-cash, provide details and estimated	part of remuneration	arrangements	and
valuation	issued pursuant to LTR's Employee
	Incentive Plan.
	(b) 250,000	Fully paid	ordinary	shares at
	$0.23 per share

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

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			Appendix 3Y
		Change of Director's Interest Notice
	No. of securities held after change	Direct interest:
		348,300 fully paid ordinary shares
		Indirect interest:
		1) Julie Zongaro-Robich:
		7,036,275 fully paid ordinary shares
		2) Sky High Superannuation Fund:
		2,250,000 fully paid ordinary shares
		3) AJC Family Trust:
		i) 6,658,487 fully paid ordinary shares
		ii)	2,000,000 unlisted options with an
			exercise price of 15 cents and expiry date
			of 28 November 2022.
		iii)	56,849 Service Rights (SR3) with a
			vesting date of 31 December 2020 and
			expiry date of 31 December 2022.
		iv)	1,000,000 unlisted options with an
			exercise price of 30 cents and expiry date
			of 25 November 2023.
		4) SC Family Trust:
		150,000 fully paid ordinary shares
	Nature of change	(a)	Issue of unlisted options under Employee
	Example: on-market trade, off-market trade, exercise of options,	Incentive Plan and approved by shareholders
	issue of securities under dividend reinvestment plan, participation	at the Annual General Meeting held on 25
	in buy-back
		November 2020.
		(b) Issued pursuant to a placement to
		Directors or their associated nominees
		approved by shareholders at the Annual
		General Meeting held on 25 November 2020.

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

+ See chapter 19 for defined terms.

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Appendix 3Y

Change of Director's Interest Notice

No. and class of securities to	N/A
which 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
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 No. detailed above traded during a +closed period where prior written clearance was required?

If so, was prior written clearance provided to allow N/A the trade to proceed during this period?

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

+ See chapter 19 for defined terms.

Appendix 3Y Page 4

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