CULLEN RESOURCES LIMITED — Director's Dealing 2008

Jan 10, 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 Cullen Resources Limited ABN 46 006 045 790

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	Denis Clarke
Date of last notice	14 December 2007

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 relevantinterest.	Lindglade EnSuper Fund>	terprises Pty Ltd<atf C	larke
			Date of change	9 January 2008
+ See chapter 19 for defined terms.11/3/2002Appendix 3Y Pag No. of securities held prior to change3,600,000 Shares2,000,000 options expiring 30/11/2010ClassSharesNumber acquiredNilNumber disposed550,000Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation$83,890No. of securities held after change3,050,000 fully paid shares2,000,000 options expiring 30/11/2010
			No. of securities held prior to change	3,600,000 Sha	res
				2,000,000 opti	ons expiring 30/11/2010
			Class	Shares
			Nb id	Nil
			umer acqure
			Number disposed	550,000
			Value/Consideration	$83,890
	Note: If consideration is non-cash, provide details and estimatedvaluation No. of securities held after change3,050,000 fully paid shares2,000,000 options expiring 30/11/2010		Note: If consideration is non-cash, provide details and estimatedvaluation
			No. of securities held after change	3,050,000 fully paid shares2,000,000 options expiring 30/11/2010
	+ See chapter 19 for defined terms.11/3/2002Appendix 3Y Pag

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

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	Not applicable
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002