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Form of Proxy

LACHLAN STAR LTD

Notes

No. Proposition For Against Abstain
1

Election of Director - Anthony Kiernan

2

Election of Director - Alan Thom

3

Ratify Shares to acquire New Waverley Gold Project

4

Ratify issue of Placement Shares Listing Rule 7.1

5

Ratify issue of Placement Shares Listing Rule 7.1A

6

Approve Placement Shares to Anthony Kiernan

7

Approve Placement Shares to Gary Steinepreis

8

Approve Placement Shares to Stacey Apostolou

9

Approve Placement Shares to Alan Thom

10

Approve to issue Options Director Anthony Kiernan

11

Approve to issue Options Director Gary Steinepreis

12

Approve to issue Options Director Stacey Apostolou

13

Approve to issue Options Director Alan Thom