CORE ENERGY MINERALS LTD — Director's Dealing 2004

Jan 20, 2004

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	GLOBAL APPROACH LIMITED
Iacn	009 118 861

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	MIKE VEVERKA
Date of last notice	6 JANUARY 2004

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	Jumbo Corporation Limited ("JUM")
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest	Director and substantial shareholder
Date of change	16 January 2004
No. of securities held prior to change	3,618,817 (subject to voluntary escrow)
Class	Ordinary Fully Paid Shares + Options
Number acquired	4,930,000 Ordinary Fully Paid Shares (GLO)
	4,500,000 Options $41¢$ exp 30/6/04 (GLOO)
Number disposed	Nil
Value/Consideration	9.5 cents each $-\cosh - \text{for shares}$
Note: If consideration is non-cash, provide details and estimated valuation	$0.005$ cents each – cash – for options
No. of securities held after change	8,548,817 Ordinary Fully Paid Shares (GLO)
	4,500,000 Opts $41¢$ expiring 30/6/04 (GLOO)

⁺ 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 buv-back	On-market purchase in satisfaction of contractual arrangement advised in Appendix 3X lodged $6/1/04$ .

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	Rights entitlement under current Prospectus to acquire up to 4.93 million 10¢ unquoted options for 1¢ each.
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

Bill Lyne Company Secretary 21 January 2004

$+$ See chapter 19 for defined terms.