Appendix 3YChange of Director’s Interest Notice

Appendix 3YChange of Director’s Interest Notice

Rule 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 Newland Resources LimitedABN 13 009 092 068

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

Gavin Peter May

Date of last notice

23 May 2011

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

Nature of indirect interest

(including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

N/A

Date of change

23 May 2011

No. of securities held prior to change

Nil1

Class

Ordinary fully paid shares

Number acquired

1,000,000

Number disposed

Nil

Value/Consideration

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

$115,000

No. of securities held after change

1,000,000 fully paid ordinary shares

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 purchase

1 Mr May, subject to Shareholder approval in General Meeting, will be granted 20 million options as detailed in the

ASX announcement about his appointment on 23 May 2011.

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Y Page 1

Appendix 3YChange of Director’s Interest Notice

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 i n 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 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 - Trade occurred in accordance with policy

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

N/A - Trade occurred in accordance with policy

Date released: 26 May 2011

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Y Page 2