Reward Minerals : CHANGE OF DIRECTOR'S INTEREST

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	Reward Minerals Ltd
ABN	50 009 173 602

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 Ruane
Date of last notice	26 September 2019

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	Tyson Resources Pty Ltd (Director)
(including registered holder)	Kesli Chemicals Pty Ltd - Ruane Super Fund
Note: Provide details of the circumstances	Kesli Chemicals Pty Ltd (Director)
giving rise to the relevant interest.	Horizon Minerals Limited (formerly Intermin Resources Ltd)
	(Substantial shareholder)
Date of change	10 January 2020
	Direct Number of Shares Held: 8,121,415
	Direct Number of Options Held: 766,368
	Tyson Resources Pty Ltd (Director)
	Number of Shares Held: 8,353,479
	Number of Options Held: 2,666,698
	Kesli Chemicals Pty Ltd - Ruane Super Fund
	Number of Shares Held: 24,153,400
	Number of Options Held: 1,797,932
No. of securities held prior to	Kesli Chemicals Pty Ltd (Director)
change	Number of Shares Held: 14,438,650
	Number of Options Held: 2,498,363
	Horizon Minerals Limited (formerly Intermin Resources Ltd)
	(Substantial shareholder)
	Number of Shares Held: 7,151,109
	Number of Options Held: 595,926
	Total: 62,218,053 Fully Paid Ordinary Shares
	Total: 8,325,287 Listed Options Expiring 30 June
	2021 @ $0.24

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Appendix 3Y

Class	Fully Paid Ordinary Shares
Number acquired	30,000	Fully Paid Ordinary Shares
Number disposed	-
Value/Consideration	$3,000
Note: If consideration is non-cash, provide details and
estimated valuation
	Direct Number of Shares Held: 8,121,415
	Direct Number of Options Held: 766,368
	Tyson Resources Pty Ltd (Director)
	Number of Shares Held: 8,353,479
	Number of Options Held: 2,666,698
	Kesli Chemicals Pty Ltd - Ruane Super Fund
	Number of Shares Held: 24,183,400
	Number of Options Held: 1,797,932
No. of securities held after change	Kesli Chemicals Pty Ltd (Director)
	Number of Shares Held: 14,438,650
	Number of Options Held: 2,498,363
	Horizon Minerals Limited (formerly Intermin Resources Ltd)
	(Substantial shareholder)
	Number of Shares Held: 7,151,109
	Number of Options Held: 595,926
	Total: 62,248,053 Fully Paid Ordinary Shares
	Total: 8,325,287 Listed Options Expiring 30 June
	2021 @ $0.24
Nature of change
Example: on-market trade, off-market trade, exercise	On market trades
of options, issue of securities under dividend
reinvestment plan, participation in buy-back

Part 2 - Change of director's interests in contracts

N/A

Part 3 - Closed period

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.

Were the interests in the securities or contracts detailed above traded during a No

+closed period where prior written clearance was required?

If so, was prior written clearance provided

to allow the trade to proceed during this N/A period?

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

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Appendix 3Y