DIATREME RESOURCES LIMITED — Director's Dealing 2010

Dec 20, 2010

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
Date	21 December 2010

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	ANDREW TSANG
Date of last notice	2 November 2010

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	INDIRECT
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances ivin	Holder is parent of director
ggrise to the relevant interest.
Date of change	21 December 2010
No. of securities held prior tochange	Direct28,721,700 Shares
	Indirect
	Xiang Rong (Australia) Construction Group Pty Ltd<Xiang Rong Management A/C> - 6,430,728 Shares
	Chunxiang Zeng - 3,000,000 SharesLie You–342,190 Shares
Class	Ordinary fully paid shares
Number acquired	2,850,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details	$199,500.00
and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held afterchange	Direct28,721,700 SharesIndirectXiang Rong (Australia) Construction Group Pty Ltd<Xiang Rong Management A/C> - 6,430,728 SharesChunxiang Zeng - 3,000,000 SharesLie You – 3,192,190 Shares
Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back	Placement approved by shareholders on 17 December2010

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
Name of registered holder(if issued securities)
**Date of change **
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2