ATHENA RESOURCES LIMITED — Director's Dealing 2008

Sep 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 ATHENA RESOURCES LIMITED ABN 69 113 758 900

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	EDMOND WILLIAM EDWARDS
Date of last notice	12 June 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

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	Tied Nominees Pty Ltd
(including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Tied Investments Pty Ltd Shareholder and Director
Date of change	9 September 2008
No. of securities held prior to change	4,220,000 Shares
	3,240,000 Options
Class	Ordinary Fully Paid Shares
	Options $0.20 expiring 30/11/09
Number acquired	100,000 Shares
Number disposed
Value/Consideration	$8,088
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	4,320,000 Shares
	3,240,000 Options
Nature of change	On market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002