CENTAURUS METALS LIMITED — Director's Dealing 2008

Dec 22, 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 Glengarry Resources Limited ABN 40 009 468 099

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	Geoffrey Thomas Clifford
Date of last notice	13 October 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	Kathleen Anne Clifford - spouse
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	17 December 2008 – issue of unlisted options
No. of securities held prior to change	Indirect
	1,000,000 ordinary shares
Class	Unlisted employee options
Number acquired	1,000,000
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and estimated
valuation

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Indirect
	Harmony Heights Pty Ltd <Harmony Super
	Fund>
	-1,000,000 ordinary shares.
	Kathleen Anne Clifford – spouse
	-250,000 unlisted options exercisable at 10.0
	cents, vested, expiring 15 December 2013.
	-250,000 unlisted options exercisable at 12.0
	cents, vesting 15 December 2009, expiring
	15 December 2013.
	-500,000 unlisted options exercisable at 14.0
	cents, vesting 15 December 2010, expiring
	15 December 2013.
Nature of change	Issue of options pursuant to the Employee Share
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Option Plan as approved by shareholders at theCompany’s Annual General Meeting held on 24
	November 2008.

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

23 December 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002