CASSIUS MINING LIMITED — Director's Dealing 2007

Sep 18, 2007

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 GULF RESOURCES LTD ABN 13 115 027 033

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	Scott Andrew Reid
Date of last notice	4/7/07

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.

ote: n te case o a company, nterests w interest of a director” should be disclosed in	ote: n te case o a company, nterests w interest of a director” should be disclosed in	c come wtn paragrap () o this part	c come wtn paragrap () o this part	e enton o notae	e enton o notae
		.
	Direct or indirect interest		Direct
	Nature of indirect interest		Scott Andrew Reid
	(including registered holder) Note: Provide details of the circumstan	es giving
	rise to the relevant interest.
	Date of change		19/9/07
	No. of securities held prior to change		3,288,464 shares
			750,000 unlisted op 222116 listed optio	ions ns
	Class		F.P.O. Shares
	Number acquired		40,000 on market 271,536 off market
	Number disposed		-
	Value/Consideration Note: If consideration is non-cash rovi	de details	$68,000
	, p and estimated valuation
	No. of securities held after change		3,600,000 shares
			750,000 unlisted opt	ions
			222,116 listed optio 1000000 performa	s nce rights
			,,

• See chapter 19 for defined terms. 11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On market and off market purchase. Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
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	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• See chapter 19 for defined terms. Appendix 3Y Page 2

11/3/2002