DIATREME RESOURCES LIMITED — Director's Dealing 2010

Aug 25, 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	26 August 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	DAVID HUGH HALL
Date of last notice	25 June 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.

Direct or indirect interest	(a) Direct (b) Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(b) Indirect: A M Hall, daughter of David Hall. These shares are no longer a “notifiable interest”.
Date of change	24 August 2010
No. of securities held prior to change	Direct (a) 2,100,00 Shares (b) 2,500,000 Options Unlisted exercisable at 47 cents before 30 June 2011 Indirect DH Hall & LM Hall - 430,000 Shares LM Hall – 1,600,000 Options Unlisted exercisable at 47 cents before 30 June 2011 AM Hall–33,667 shares
Class	Ordinary fully paid shares
Number acquired	(a) Direct: 20,000 shares
Number disposed	(b) Indirect: 33,667 shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(a) $1,660.00 (b) Nil – not a sale, but disposal by lapse of notifiable interest.
No. of securities held after change	Direct (a) 2,120,00 Shares (b) 2,500,000 Options Unlisted exercisable at 47 cents before 30 June 2011 Indirect DH Hall & LM Hall - 430,000 Shares LM Hall – 1,600,000 Options Unlisted exercisable at 47 cents before 30 June 2011
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	(a) On-market trade (b) Lapse of notifiable interest.

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
Name of registered holder (if issued securities)
**Date of change **
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2