BRIGHTSTAR RESOURCES LIMITED — Director's Dealing 2004

Jun 14, 2004

14 June 2004,

The Manager Company Announcements Australian Stock Exchange Sydney, NSW

Dear Sir / Madam,

Please find attached for immediate release a Appendix 3Y noting the change in the nature of the shares held by a Director Mr Peter Thomas.

Whilst there has been NO change in the underlying number of shares held, Mr Thomas has transferred 100,000 ordinary shares between to related entities both controlled by him.

Yours faithfully,

Mark Pitts Company Secretary

Appendix 3Y

Rule 3.19A.2

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	AI MINERALS LIMITED
1A B N	100 727 491

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	Peter R Thomas
Date of last notice	12 December 2003

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 inferest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant inferest.	Shares held by family company as trustee for a family trust. (College Holdings Pty Ltd)
Date of change	9 June 2004
No. of securities held prior to change	889,334
Class	Ordinary
Number acquired	100,000
Number disposed	100,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$0.51 per share
No. of securities held after change	889,334

$+$ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back-	College Holdings as trustee for the Thomas Family trust has transferred 100,000 shares to College Holdings as trustee for the Thomas Superannuation Fund.
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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.