28 July 2016 ASX: AOH, FSE: A2O

APPENDIX 3Y NOTICE

In compliance with Listing Rule 3.19A.2 an Appendix 3Y is attached. This notice reflects a transfer of shares from a direct holding, to an indirect holding.

Please direct enquiries to:

Alistair Cowden

David Tasker

Jochen Staiger

Managing Director

Professional Public Relations

Swiss Resource Capital AG

Altona Mining Limited

Perth

Tel: +41 71 354 8501

Tel: +61 8 9485 2929

Tel: +61 8 9388 0944

js@resource-capital.ch

altona@altonamining.com

david.tasker@ppr.com.au

AOH0777

Altona Mining Limited | Level 1, 2 Kings Park Road, West Perth WA 6005 | ABN 35 090 468 018

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y Change 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 30/09/01 Amended 01/01/11

Name of entity

ALTONA MINING LIMITED

ABN

35 090 468 018

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

ALISTAIR COWDEN

Date of last notice

2 July 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

Direct and Indirect

Nature of indirect interest (including registered holder)

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

Director and shareholder of Drumfrochar Pty Ltd

Director and shareholder of Brachelston Pty Ltd

Date of change

25 July 2016

No. of securities held prior to change

  1. Direct 3,856,800 (AOHAK) performance share rights

  2. Direct - 1,500,000 ordinary shares

  3. Indirect 11,177,626 ordinary shares

Class

Ordinary shares

Number acquired

1,500,000

Number disposed

1,500,000

Value/Consideration

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

$210,000

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

No. of securities held after change

  1. Direct - 3,856,800 (AOHAK) performance share rights

  2. Direct - nil ordinary shares

  3. Indirect - 12,677,626 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

Transfer of 1,500,000 share shares from direct holding to indirect holding.

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

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 in 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

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

n/a

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

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