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.

Name of entity LACHLAN STAR LIMITED ABN 88 000 759 535

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

DECLAN FRANZMANN

Date of last notice

29 NOVEMBER 2013

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

Indirect

Nature of indirect interest

(including registered holder)

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

Citraen Pty Ltd ATF Franzmann Family

Trust (Director of Citraen)

Date of change

13 March 2014

No. of securities held prior to change

1,217,320 ordinary shares

150,000 unlisted options exercisable at $0.25 expiring 29/11/2015

Class

Ordinary shares

Number acquired

Nil

Number disposed

90,500

Value/Consideration

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

C$0.35 per share


+ See chapter 19 for defined terms.
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Appendix 3Y Change of Director's Interest Notice

No. of securities held after change

1,126,820 ordinary shares

150,000 unlisted options exercisable at $0.25 expiring 29/11/2015

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

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 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 No traded during a +closed period where prior written clearance was required?


+ See chapter 19 for defined terms.
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+ See chapter 19 for defined terms.

Appendix3Y Change ofDirector's Interest Notice

1113/2002 Appendix 3Y Page 3

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