Appendix 3X

Initial Director’s Interest Notice

Appendix 3X

Initial Director’s Interest Notice

Rule 3.19A.1

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 LIMITED

ABN:

13 009 092 068

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

GAVIN PETER MAY

Date of appointment

23 MAY 2011

Part 1 - Director’s relevant interests in securities of which the director is the registered

holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the t rust

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.

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Note: Provide details of the circumstances giving rise to

the relevant interest.

Number & class of Securities

Nil

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3X Page 1

Appendix 3X

Initial Director’s Interest Notice

Part 3 – 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

Executive Service Agreement (Managing Director)

Nature of interest

Appointed as Managing Director

Name of registered holder

(if issued securities)

Gavin May or nominee

No. and class of securities to which interest relates

As disclosed in the announcement dated 23 May

2011, subject to Shareholder approval at General

Meeting, Mr May will be granted:

ten million options issued free with an expiry date that is three years from the date of issue and are exercisable at a 50% premium to the VWAP of Newland shares in the last five trading days on which there were sales prior to the date of issue, and only vest 12 months from 23 May 2012; and

ten million options issued free with an expiry date that is three years from the date of issue and are exercisable at a 100% premium to the VWAP of Newland shares in the last five trading days on which there were sales prior to the date of issue, and only vest 24 months from 23 May 2013.

Unvested options lapse on cessation of employment.

+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002