Change in Directors' Interests

AIM and Media Release

29 October 2014

                            BASE RESOURCES LIMITED                             

                         CHANGE IN DIRECTORS INTERESTS                         

Base Resources Limited (ASX:BSE AIM:BSE) (the "Company") advises that on 29
October 2014 directors of the company were issued a combined total of 1,175,032
fully paid ordinary shares in the capital of the Company upon the partial
vesting of the 2011 stream of Performance Rights under the Company's Long Term
Incentive Plan, as approved by shareholders..

Managing Director Tim Carstens, and Executive Director Colin Bwye each received
587,516 fully paid ordinary shares in the capital of the Company for nil
consideration.

Following the issue, Mr Carstens currently holds a total of 1,228,522 ordinary
shares in the Company (1,095,188 held directly and 133,334 held indirectly
through SUMO Superannuation Fund of which Mr Carstens is a beneficiary), and Mr
Bwye currently holds 1,838,739 ordinary shares in the Company (994,844 are held
directly, 362,414 are held indirectly through Mr Bwye's spouse, Annette Bwye,
and 481,481 are held indirectly through Bwye Superannuation Fund of which Mr
Bwye is trustee and beneficiary).

The option holdings of each of the directors remain unchanged.

A full PDF version of the announcement is available at the Company's website: 
www.baseresources.com.au

ENDS

For further enquiries contact:

Base Resources Limited
Tim Carstens
Managing Director
Email: [e-mail]
Phone: [phone]

RFC Ambrian Limited (Nominated Adviser and Broker)
As Nominated Adviser                 As Broker
Andrew Thomson or Trinity McIntyre   Jonathan Williams
Phone: [phone]            Phone: [phone]

Africapractice (East Africa) (Kenyan Media Relations)
David Maingi/ James Njuguna/Joan Kimani
Phone: [phone]
Email: [e-mail]

Tavistock Communications (UK Media Relations)
Jos Simson / Emily Fenton / Nuala Gallagher
Phone: [phone]

Cannings Purple (Australian Media Relations)
Annette Ellis / Warrick Hazeldine
Email: [e-mail]
[e-mail]
Phone: [phone]

Corporate Details:

Board of Directors:
Andrew King         Non-Executive Chairman
Tim Carstens        Managing Director 
Colin Bwye          Executive Director
Sam Willis          Non-Executive Director
Michael Anderson    Non-Executive Director
Trevor Schultz      Non-Executive Director
Malcolm Macpherson  Non-Executive Director
Winton Willesee     Company Secretary

Principal & Registered Office:     Contacts:
Level 1                            Email: [e-mail]
50 Kings Park Road                 Phone: [phone]
West Perth                         Fax: [phone]
WA 6005