Appendix 3X Initial Director's Interest Notice

Appendix 3X Initial Director's Interest Notice

Rule 3.19A.1

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 Avanco Resources Limited ABN 85 126 379 646

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

Wayne Arthur Phillips

Date of appointment

10 January 2013

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Mr Wayne Arthur Phillips

- 150,000 ordinary shares

- 500,000 unlisted options exercisable at 20c on or before 30 April

2013

- 5,000,000 unlisted options exercisable at 18c on or before 30

September 2013

+ See chapter 19 for defined terms.

11/3/2002

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Appendix 3X Initial Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

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

Number & class of Securities Part 3 - 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)

No. and class of securities to which interest relates

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

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