DIATREME RESOURCES LIMITED — Director's Dealing 2008

Oct 2, 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.

Introduced 30/9/2001.
Name of entity	DIATREME RESOURCES LIMITED
ABN	33 061 267 061

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 HUGH HALL
Date	of last notice	17 June 2008

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.

this part.
Direct or indirect interest	DIRECT & INDIRECT
Nature of indirect interest
(including registered holder)	• D H Hall & L M Hall
Note: Provide details of the circumstances giving rise to the relevant interest.	• A M Hall
Date of change	30 September 2008
No. of securities held prior to	Direct
change	2,090,000 Ord FP Shares (“DRX”)
	2,500,000 June 2011 $0.47 Options (unquoted)
	24,648 September 2008 $0.27 Options (unquoted)
	Indirect
	D H Hall & L M Hall
	360,000 Ord FP Shares (“DRX”)
	6,840 September 2008 $0.27 Options (unquoted)
	L M Hall
	1,600,000 June 2011 $0.47 Options (unquoted)
	A M Hall
	32,000 Ord FP Shares (“DRX”)
	1,000 September 2008 $0.27 Options (unquoted)
Class	September 2008 $0.27 Options (unquoted)
Number acquired	NIL
Number disposed	32,488 Options expired

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	Value/Consideration	Value/Consideration			NIL
Note: If consideration is		non-cash, provide details
and estimated valuation
No. of securities held			after		Direct
change					2,090,000 Ord FP Shares (“DRX”)
					2,500,000 June 2011 $0.47 Options (unquoted)
					Indirect
					D H Hall & L M Hall
					360,000 Ord FP Shares (“DRX”)
					L M Hall
					1,600,000 June 2011 $0.47 Options (unquoted)
					A M Hall
					32,000 Ord FP Shares (“DRX”)
Nature	of change
Example: on-market trade, exercise of options, issue of			off-market securities	trade, under	Expiry of September 2008 Options
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.

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

Date: 03-10-2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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.

Introduced 30/9/2001.
Name of entity	DIATREME RESOURCES LIMITED
ABN	33 061 267 061

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	LAWRENCE JAMES LITZOW
Date of last notice	17 June 2008

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.

this part.
Direct or indirect interest	DIRECT & INDIRECT
Nature of indirect interest	• Weir River Consulting Pty Ltd <Weir River Grazing
(including registered holder)	Company Superannuation Fund A/C>
Note: Provide details of the circumstances giving rise to the relevant interest.	• N J Litzow
Date of change	30 September 2008
No. of securities held prior to	Direct
change	2,925,526 Ord FP Shares (“DRX”)
	126,202 September 2008 $0.27 Options (unquoted)
	500,000 June 2011 $0.47 Options (unquoted)
	Indirect
	Weir River Consulting Pty Ltd <Weir River Grazing Company
	Superannuation Fund A/C>
	1,495,348 Ord FP Shares (“DRX”)
	36,359 September 2008 $0.27 Options (unquoted)
	E V Litzow
	2,000,000 June 2011 $0.47 Options (unquoted)
	N J Litzow
	40,911 Ord FP Shares (“DRX”)
	2,922 September 2008 $0.27 Options (unquoted)
Class	September 2008 $0.27 Options (unquoted)
Number acquired	NIL

• See chapter 19 for defined terms.

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

	Number disposed	Number disposed	165,483 Options expired	165,483 Options expired	165,483 Options expired
	Value/Consideration Note: If consideration is non-cash, provide details		NIL
	and estimated valuation
	N f iti hld ft		Dit
	o. o secures e aer change		rec 2,925,526 Ord FP Shares (“DR	X”)
			500,000 June 2011 $0.47 Opti	ons (unquoted)
			Indirect
			Weir River Consulting Pty Ltd <	Weir River Grazing Company
			Superannuation Fund A/C> 1495348 Ord FP Shares (“DR	X”)
			,, E V Litzow 2,000,000 June 2011 $0.47 Options (unquoted) N J Litzow 40,911 Ord FP Shares (“DRX”)
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Expiry of September 2008 Options

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.

	this part.	this part.	this part.	this part.
	Detail of contract				n/a
	Nature of interest				n/a
	Name of registered holder (if issued securities)				n/a
	**Date of change **				n/a
	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				n/a
	Interest acquired				n/a
	Interest disposed				n/a
	Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation				n/a
Interest aft Date: 03-10-	Interest aft	er change			n/a
		2008

Date: 03-10-2008

• See chapter 19 for defined terms.

Appendix 3Y Page 4