DEEP YELLOW LIMITED — Director's Dealing 2009

Oct 25, 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	DEEP YELLOW LIMITED
ABN	97 006 391 948

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	GILLIAN SWABY
Date of last notice	8 October 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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Gillian Swaby Strategic Consultants Pty Ltd of which G Swabyis a director and shareholder
Date of change	21stto 26thOctober 2009
No. of securities held prior to change	34,959,298 Ordinary shares 3,000,000 unlisted options exercisable at 55.1 c before 30.11.09
Class	Ordinary Shares
Number acquired	15,040,702
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$5,541,787.13
No. of securities held after change	50,000,000 Ordinary shares 3,000,000 unlisted options exercisable at 55.1 c before 30.11.09
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On - market trade

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1