AXS Listing Rules - Appendix 3Y - Change of Director's Interest Notice 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 30/9/2001. Amended 01/01/11

Name of entity CRUSADER RESOURCES LIMITED

ABN 94 106 641 963

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

Stephen Copulos

Date of last notice

1 October 2014

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.

Stephen Copulos

Eyeon Investments Pty Ltd

(Director and Shareholder)

Eyeon No 2 Pty Ltd

(Director and Shareholder)

CF Sundowner Pty Ltd

(Director and Shareholder) Spacetime Pty Ltd

Citywest Corp Pty Ltd

(Director)

Supermax Pty Ltd

(Director and Shareholder)

Copulos Foundation Pty Ltd

(Director)

Date of change

21 May 2015


+ See chapter 19 for defined terms.
1/1/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

No. of securities held prior to change

Stephen Copulos

Eyeon Investments Pty Ltd

Eyeon No 2 Pty Ltd

CF Sundowner Pty Ltd Spacetime Pty Ltd Citywest Corp Pty Ltd Supermax Pty Ltd

Copulos Foundation Pty Ltd

500,000 Unlisted Options($0.43, 7/8/17)

500,000 Unlisted Options ($0.52, 14/8/18)

2,092,816 Ordinary Shares

15,681,945 Ordinary Shares

341,071 Ordinary Shares

1,349,739 Ordinary Shares

3,406,101 Ordinary Shares

4,981,789 Ordinary Shares

312,500 Ordinary Shares

Class

Ordinary Shares

Number acquired

5,638,236

Number disposed

nil

Value/Consideration

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

$958,500

No. of securities held after change

Stephen Copulos

Eyeon Investments Pty Ltd

Eyeon No 2 Pty Ltd

CF Sundowner Pty Ltd Spacetime Pty Ltd Citywest Corp Pty Ltd Supermax Pty Ltd

Copulos Foundation Pty Ltd

500,000 Unlisted Options($0.43, 7/8/17)

500,000 Unlisted Options ($0.52, 14/8/18)

3,025,170 Ordinary Shares

14,654,109 Ordinary Shares

341,071 Ordinary Shares

2,820,327 Ordinary Shares

4,876,689 Ordinary Shares

7,774,331 Ordinary Shares

312,500 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

Issued pursuant to shareholders resolution at

the Company's Annual General Meeting on

14 May 2015, participation in Share

Purchase Plan, and Off-market transfers.


+ See chapter 19 for defined terms.
Appendix 3Y Page 2 11/3/2002

Appendix 3Y Change 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

Interest acquired

Interest disposed

Value/Consideration

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?

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


+ See chapter 19 for defined terms.
1/1/2011 Appendix 3Y Page 3

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