DEVEX RESOURCES LIMITED — Director's Dealing 2009

Nov 4, 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 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	8 May 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	David Andrew Brunt ATF the Brentwood SuperFund. David Brunt is a member of the BrentwoodSuper Fund.
Date of change	5 November 2009
No. of securities held prior to change	4,013,750 fully paid ordinary shares4,663,750 partly paid performance shares
Class	Fully paid ordinary shares and partly paidperformance shares
Number acquired	4,663,750 partly paid performance sharesconverted into fully paid ordinary shares
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$349,781.25
No. of securities held after change	8,677,500 fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	7.5 cents per share has been paid to convert4,663,750 partly paid performance shares intofully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms. Appendix 3Y Page 2

11/3/2002