COMET RIDGE LIMITED — Director's Dealing 2009

May 4, 2009

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 Comet Ridge Limited

ABN 47 106 092 577

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	Tor McCaul
Date of last notice	24 April 2009

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 relevant interest.	N/A
Date of change	30 April 2009
No. of securities held prior to change	Nil
Class	N/A
Number acquired	5,150,000 unlisted options exercisable at 30c each expiring on 30 June 2012.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Allotment. in consideration for the purchase of options in Chartwell Energy Ltd, refer to the Notice of General Meeting dated 13 March 2009.
No. of securities held after change	5,150,000 unlisted options exercisable at 30c each expiring on 30 June 2012.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Allotment. in consideration for the purchase Example: on-market trade, off-market trade, exercise of options, issue of of options in Chartwell Energy Ltd, refer to securities under dividend reinvestment plan, participation in buy-back the Notice of General Meeting dated 13 March 2009.

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	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

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 Comet Ridge Limited

ABN 47 106 092 577

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	Chris Pieters
Date of last notice	24 April 2009

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Pieters Capital Pty Ltd as a trustee for the Pieters Investment Trust
Date of change	30 April 2009
No. of securities held prior to change	Nil
Class	N/A
Number acquired	1,287,500 unlisted options exercisable at 20c each expiring on 30 June 2012.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Allotment. in consideration for the purchase of options in Chartwell Energy Ltd, refer to the Notice of General Meeting dated 13 March 2009.
No. of securities held after change	1,287,500 unlisted options exercisable at 20c each expiring on 30 June 2012.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Allotment. in consideration for the purchase Example: on-market trade, off-market trade, exercise of options, issue of of options in Chartwell Energy Ltd, refer to securities under dividend reinvestment plan, participation in buy-back the Notice of General Meeting dated 13 March 2009.

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	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

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 Comet Ridge Limited

ABN 47 106 092 577

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	James McKay
Date of last notice	24 April 2009

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 – Options Indirect – Shares
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Waterford Pacific Pty Ltd as trustee for the McKay Family Trust
Date of change		30 April 2009
No. of securities held prior to change		Nil
Class		Ordinary fully paid shares
Number acquired		Direct 5,150,000 unlisted options exercisable at 20c each expiring on 30 June 2012. Indirect 20,752,620 Ordinary fully paid shares
Number disposed		Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Allotment. in consideration of shares and options in Chartwell Energy Ltd, refer to the Notice of General Meeting dated 13 March 2009.
No. of securities held after change		Direct 5,150,000 unlisted options exercisable at 20c each expiring on 30 June 2012. Indirect 20,752,620 Ordinary fully paid shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Allotment. in consideration of shares and options in Chartwell Energy Ltd, refer to the Notice of General Meeting dated 13 March 2009.

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	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

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 Comet Ridge Limited

ABN 47 106 092 577

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	Jeffrey Schneider
Date of last notice	28 November 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	30 April 2009
No. of securities held prior to change	2,832,276 ordinary fully paid shares. 500,000 unlisted options exercisable at 45 cents expiring 31 December 2009.
Class	Ordinary fully paid shares
Number acquired	2,000,000 unlisted options exercisable at 30c each expiring on 30 June 2012.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil, refer to the Notice of General Meeting dated 13 March 2009.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	2,832,276 ordinary fully paid shares. 500,000 unlisted options exercisable at 45 cents expiring 31 December 2009. 2,000,000 unlisted options exercisable at 30c each expiring on 30 June 2012.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Allotment., refer to the Notice of General Meeting dated 13 March 2009.

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	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