ASARA RESOURCES LIMITED — Director's Dealing 2010

Dec 28, 2010

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	Golden Rim Resources Ltd
ABN	39 006 710 774

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	Craig Ross Mackay
Date of last notice	22 November 2010

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	Earth Science Solutions Pty Ltd, a related party of
(including registered holder)	Mr Mackay.
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	29 December 2010
No. of securities held prior to change	3,959,307 Ordinary fully paid shares
	2,500,000 Unlisted Class C Opts expire 31/12/10
	2,000,000 Unlisted Class D Opts expire 31/12/11
	3,500,000 Unlisted Class F Opts expire 22/11/14
	5,000,000 Unlisted Class H Ops expire 21/11/15
Class	Ordinary fully paid shares
Number acquired	2,500,000
Number disposed	-
Value/Consideration	$375,000
Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 6,459,307 Ordinary fully paid shares 2,000,000 Unlisted Class D Opts expire 31/12/11 3,500,000 Unlisted Class F Opts expire 22/11/14 5,000,000 Unlisted Class H Ops expire 21/11/15 Nature of change Example: on-market trade, off-market trade, exercise of options, issue of Exercise of Director Options 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.

==> picture [434 x 328] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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	Golden Rim Resources Ltd
ABN	39 006 710 774

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	Gilbert Christopher Rodgers
Date of last notice	22 November 2010

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	29 December 2010
No. of securities held prior to change	1,068,222 Ordinary fully paid shares2,000,000 Unlisted Class C Opts expire 31/12/102,000,000 Unlisted Class D Opts expire 31/12/113,500,000 Unlisted Class F Opts expire 22/11/144,000,000 Unlisted Class H Opts expire 21/11/15
Class	Ordinary fully paid shares
Number acquired	2,000,000
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$300,000

• See chapter 19 for defined terms.

11/3/2002 6511-1

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 3,068,222 Ordinary fully paid shares 2,000,000 Unlisted Class D Opts expire 31/12/11 3,500,000 Unlisted Class F Opts expire 22/11/14 4,000,000 Unlisted Class H Opts expire 21/11/15 Nature of change Example: on-market trade, off-market trade, exercise of options, issue of Exercise of Director Options 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.

==> picture [434 x 328] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002