ALCHEMY RESOURCES LIMITED — Director's Dealing 2008

Jul 8, 2008

Appendix 3Y Change of Director’s Interest Notice

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	ALCHEMY RESOURCES LIMITED
ABN	17 124 444 122

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 Arthur James Hannington
Date of last notice	11 April 2008

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

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	9 July 2008
No. of securities held prior to change	A. 310,000 B. 1,000,000 C. 1,000,000 D. 1,000,000
Class	A. Ordinary Fully Paid Shares B. Options exercisable at $0.25 on or before 30 June 2011 C. Options exercisable at $0.37 on or before 30 June 2012 D. Options exercisable at $0.50 on or before 30 June 2013
Number acquired	A. 137,661
Number disposed	NIL

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration					$0.125	per share (Total $17,208)
Note: If consideration is	non-cash, provide		details and estimated
valuation
No. of securities held after		change			A.	447,661
					B.	1,000,000
					C.	1,000,000
					D.	1,000,000
Nature of change					Purchase of shares on-market
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

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001