Orocobre Limited-Change of Director's Interest Notice

Sun Oct 23, 2011 11:13pm EDT

* Reuters is not responsible for the content in this press release.

  BRISBANE, AUSTRALIA, Oct 23 (MARKET WIRE) --
Orocobre Limited (TSX:ORL)(ASX:ORE) -

    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                          OROCOBRE LIMITED                    
----------------------------------------------------------------------------
ABN                                     31 112 589 910                      
----------------------------------------------------------------------------


    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                        JAMES D CALAWAY                     
----------------------------------------------------------------------------
Date of last notice                     14 October 2011                     
----------------------------------------------------------------------------


    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             Lithium Investors LLC - a           
(including registered holder)           corporation based in the United     
Note: Provide details of the            States of America of which the      
circumstances giving rise to the        Director is President and holds a   
relevant interest.                      relevant interest.                  
----------------------------------------------------------------------------
Date of change                          21 October 2011                     
----------------------------------------------------------------------------
No. of securities held prior to change  8,454,000                           
----------------------------------------------------------------------------
Class                                   Ordinary shares                     
----------------------------------------------------------------------------
Number acquired                         120,000 shares                      
----------------------------------------------------------------------------
Number disposed                         nil                                 
----------------------------------------------------------------------------
Value/Consideration                     $150,779.65                         
Note: If consideration is non-cash,                                         
provide details and estimated valuation                                     
----------------------------------------------------------------------------
No. of securities held after change     8,574,000 shares - Lithium Investors
                                        LLC                                 
----------------------------------------------------------------------------
Nature of change                        On-market Trade                     
Example: on-market trade, off-market                                        
trade, exercise of options, issue of                                        
securities under dividend reinvestment                                      
plan, participation in buy-back                                             
----------------------------------------------------------------------------


    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     No                              
contracts detailed above traded during a                                    
closed period where prior written                                           
clearance was required?                                                     
----------------------------------------------------------------------------
If so, was prior written clearance          n/a                             
provided to allow the trade to proceed                                      
during this period?                                                         
----------------------------------------------------------------------------
If prior written clearance was provided,    n/a                             
on what date was this provided?                                             
----------------------------------------------------------------------------


    + See chapter 19 for defined terms.



Contacts:
Australia and Asia
Orocobre Limited
Richard Seville
Managing Director
+61 7 3871 3985 or M: +61 419 916 338

Copyright 2011, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.