CORE ENERGY MINERALS LTD — Director's Dealing 2006

Feb 2, 2006

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 GLOBAL APPROACH LIMITED
ABN 27 009 118 861

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	DAVID KEITH BARWICK
Date of last notice	12 September 2005

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.	A. DK Barwick Investments Pty Ltd (Director & minor shareholder) B. David Barwick Superannuation Fund (Beneficiary & Trustee)
Date of change	31 January 2006
No. of securities held prior to change	2,009,632 (Fully Paid Ordinary Shares) A. 540.088 (10¢ Options exp 31/1/06) 1,000,000 (Fully Paid Ordinary Shares) В.
Class	Ordinary Fully Paid Shares / Options
Number acquired	A. 100,000 Shares B. 100,000 Shares
Number disposed	A. 100.000 Options exercised 100,000 Options transferred to B. for nil consideration (B. exercised) 340.088 Options lapsed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	10 $t$ per share cash
No. of securities held after change	2,109,632 (Fully Paid Ordinary Shares) А. 1,100,000 (Fully Paid Ordinary Shares) В.

⁺ 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-	Exercise & lapse of options
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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	N/A
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 3 February 2006

$+$ See chapter 19 for defined terms.