Northern Star Resources : Appendix 3Y

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 NORTHERN STAR RESOURCES LIMITED

ABN 43 092 832 892

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	WILLIAM JAMES BEAMENT
Date of last notice	31 MARCH 2016
Date of this notice	23 DECEMBER 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	a), b) Indirect c) Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	William James Beament - an account of which the Director is trustee and may be a beneficiary Mr William James Beament and Ms Karen Marie Beament - an account of which the Director is trustee and may be a beneficiary William James Beament
Date of change	21 December 2016
No. of securities held prior to change	Refer to attached schedule
Class	c) Performance Rights
Number acquired	c) 3,000,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil - Performance incentive rights
No. of securities held after change	Refer to attached schedule.

+ See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Performance rights issued as part of employee remuneration, as approved by Shareholders at the Company's AGM on 29 November 2016.

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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Appendix 3Y Change of Director's Interest Notice

Schedule of director's interests - William James Beament

Securities, date and nature of change	Consideration	William James Beament	Mr William James Beament + Ms Karen Marie Beament	William James Beament
Ordinary fully paid shares (NST)	Note 1
Holding prior to change	7,691,585	75,000	2,952,003
-	-	-
Holding after change	7,691,585	75,000	2,952,003
Performance Rights	Note 2
Holding prior to change	-	-	0
Direct Issue	Nil	-	-	3,000,000
Holding after change	-	-	3,000,000

Note 1: Performance Shares subject to vesting conditions - holding lock applied.

Note 2: Performance Rights subject to vesting conditions - measurable at 16 October 2019.

Issued: 23 December 2016

+ See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3