Western Areas : Change of Director's Interest Notice x 2

28 August 2017 ASX: WSA

ASX Compliance Pty Limited Level 40, Central Park

152 - 158 St George's Terrace

PERTH WA 6000

Dear Sirs

APPENDIX 3Y - Change of Director Interest

Western Areas Ltd ("the Company") attaches appendix 3Y - Change of Director Interest Notices for Managing Director, Mr Daniel Lougher and Executive Director, Mr David Southam.

Mr Lougher and Mr Southam advised the Company that share sales were completed primarily to provide for crystallised taxation liabilities associated with Performance Rights converted into shares in accordance with the shareholder approved Performance Rights Plan.

These transactions were completed following the opening of the Officers' trading window as defined in the Officer Share Trading Policy post the release of the annual financial results.

Regards

Joseph Belladonna

CFO & Company Secretary Western Areas Ltd

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

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 30/9/2001.

Name of entity WESTERN AREAS LTD

ABN 68 091 049 357

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	Daniel Lougher
Date of last notice	28 July 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

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 & 25 August 2017
No. of securities held prior to change J Lougher D Lougher D Lougher D Lougher	62,430 Fully Paid Ordinary Shares 543,598 Fully Paid Ordinary Shares 299,750 Performance Rights (2015) 375,540 Performance Rights (2016)
Class	Fully Paid Ordinary Shares
Number acquired	Nil
Number disposed	163,598 Fully Paid Ordinary Shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$2.485/share
No. of securities held after change J Lougher D Lougher D Lougher D Lougher	62,430 Fully Paid Ordinary Shares 380,000 Fully Paid Ordinary Shares 299,750 Performance Rights (2015) 375,540 Performance Rights (2016)
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 trade

Part 2 - Change of director's interests in contracts

Detail of contract	N/A
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

Rule 3.19A.2 Appendix 3Y

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 30/9/2001.

Name of entity WESTERN AREAS LTD ABN 68 091 049 357

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	David Southam
Date of last notice	28 July 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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Lynnette Edwards
Date of change	23 August 2017
No. of securities held prior to change Lynnette Edwards Lynnette Edwards Lynnette Edwards	212,723 Fully Paid Ordinary Shares 168,640 Performance Rights (2015) 211,280 Performance Rights (2016)
Class	Fully Paid Ordinary Shares
Number acquired	Nil
Number disposed	100,000 Fully Paid Ordinary Shares
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	$2.51/share
No. of securities held after change Lynnette Edwards Lynnette Edwards Lynnette Edwards	112,723 Fully Paid Ordinary Shares 168,640 Performance Rights (2015) 211,280 Performance Rights (2016)
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 trade