AMERICAN URANIUM LTD — Director's Dealing 2007

Oct 3, 2007

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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:	GTI RESOURCES LTD
ABN:	33 124 792 132

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Gregory Wayne Down
Date of last notice	30 August 2007
Date that director ceased to be director	04 October 2007

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

1 ordinary fully paid share

• See chapter 19 for defined terms.

Appendix 3Z Page 1

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Appendix 3Z Final Director’s Interest Notice

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

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.

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	Number & class of securities
Note: Provide details of the circumstances giving rise to
the relevant interest
Deborah June Down	3,000,000 ordinary shares
as trustee for Thornbill A/C
	1,500,000 unlisted options exercisable @ 30 cents
	on or before 19 December 2009
	1,500,000 unlisted options exercisable @ 40 cents
	on or before 19 December 2011
Terra Firma Investments Pty Ltd	397,667 ordinary shares
ATF (Down Superannuation Fund
No2

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
No. and class of securities to	N/A
which interest relates

04 October 2007

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002