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ORA BANDA MINING LTD Director's Dealing 2013

May 6, 2013

65475_rns_2013-05-06_6204c5a2-b831-4f1e-84dc-55ee74888093.pdf

Director's Dealing

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APPENDIX 3Y – MR MICHAEL FOTIOS

7 MAY 2013

ASX: SWA

Swan Gold Mining Limited (ASX:SWA) ( Company ) attaches, in accordance with the ASX Listing Rules, an Appendix 3Y – Change of Director’s Interest Notice for Executive Chairman, Mr Michael Fotios.

Board of Directors

As detailed in the Appendix 3Y, Mr Fotios currently has a relevant interest in the shares of the Company held by Investmet Limited, a company in which Mr Fotios is a director and has a substantial interest.

The Company notes that this relevant interest is likely to change as a result of any future transfer of shares held by Investmet, to nominees of Investmet, being members of the syndicate of lenders who have purchased certain debts of the Company as described in the Prospectus of the Company dated 13 February 2013 (as supplemented on 27 March 2013).

Company Secretary

For more information:

Management

Linda Paini Company Secretary Tel: +61 8 6389 7500

Projects

Appendix 3Y Change of Director’s Interest Notice

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 SWAN GOLD MINING LIMITED
ABN 69-100-038-266

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 Michael Fotios
Date of last notice 18 April 2012

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.

disclosed in thispart.
Direct or indirect interest Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. Investmet Limited a company that MrFotios is a director and has a substantialinterest.
Date of change (1) 2 May 2013(2) 3 May 2013
No. of securities held prior to change IndirectInvestmet Limited150,000,000 fully paid ordinary shares
Class Fully Paid Ordinary Shares
  • See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number acquired (1) 88,053,475(2) 134,483,578
Number disposed Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation $0.02 per share
No. of securities held after change IndirectInvestmet Limited372,537,053 fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back Off Market Transfer of securities for theconversion of debt owed to(1) Stirling Gold Pty Ltd; and(2) MCMG Pty Ltd in accordance withthe Swan Restructure Deed as set out inthe prospectus dated 13 February 2013.

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the N/A trade to proceed during this period? If prior written clearance was provided, on what date N/A was this provided?

  • See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002