DEVEX RESOURCES LIMITED — Director's Dealing 2007

Dec 4, 2007

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 URANIUM EQUITIES LIMITED ABN 74 009 799 553

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 Andrew Brunt
Date of last notice	5 June 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	Brunt Investments Pty ltd (ABN 84 129 162 813).
(including registered holder)	David Brunt is a Director of Brunt Investments
Note: Provide details of the circumstances giving rise to the relevantinterest.	Pty Ltd and a Trustee and Member of BrentwoodSuper Fund(ABN 32 246 600 246)
Date of change	5 December 2007
No. of securities held prior to change	1,513,750 Fully Paid Ordinary Shares held by
	Brunt Investments Pty Ltd
	2,500,000 Fully Paid Ordinary Shares held by
	Brentwood Super Fund
	4,633,750 Partly Paid Performance Shares held by
	Brunt Investments PtyLtd
Class	Fully paid ordinary shares
Number acquired	1,513,750 Fully Paid Ordinary Shares acquired by
	Brentwood Super Fund
Number disposed	1,513,750 Fully Paid Ordinary Shares disposed by
	Brunt Investments PtyLtd
Value/Consideration	$302,750.00
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	4,013,750 Fully Paid Ordinary Shares held by
	Brentwood Super Fund
	4,633,750 Partly Paid Performance Shares held by
	Brunt Investments Pty Ltd

Y:\A6 ASX\ASX Announcements\ASX Announcements 2006-2007\20071207 ASX Announcement App 3Y D Brunt.doc

• See chapter 19 for defined terms.

29/6/2004

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Off market trade from Brunt Investments Pty Ltd Example: on-market trade, off-market trade, exercise of options, issue of to the Brentwood Super Fund 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	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

Y:\A6 ASX\ASX Announcements\ASX Announcements 2006-2007\20071207 ASX Announcement App 3Y D Brunt.doc

• See chapter 19 for defined terms.

29/6/2004

Appendix 3Y Page 2