CORE ENERGY MINERALS LTD — Director's Dealing 2007

Mar 4, 2007

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	ROBERT JAMES CANNING-URE
Date of last notice	5 July 2006

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.
Date of change	5 March 2007
No. of securities held prior to change	33,599,252
Class	Ordinary shares
Number acquired	Nil
Number disposed	30,225,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	20,314 Tusk Investment Corporation shares on reversal of Tusk acquisition

⁺ See chapter 19 for defined terms.

No. of securities held after change	3,374,252
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securifies under dividend reinvestment plan, participation in buy-back-	Shares cancelled following shareholder approval at EGM 16 February 2007 to capital reduction and reversal of Tusk acquisition

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	Nil
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 5 March 2007

$+$ See chapter 19 for defined terms.