DIATREME RESOURCES LIMITED — Director's Dealing 2011

Apr 11, 2011

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 30/09/01 Amended 01/01/11

Name of entity	DIATREME RESOURCES LIMITED
ABN	33 061 267 061
Date of Notice	12 April 2011

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	21 December 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		Direct and Indirect
Nature of indirect interest(including registeredholder)Note: Provide details of the circumstancesgiving rise to the relevant interest.		Xiang Rong (Australia) Construction Group Pty Ltd <Xiang RongManagement A/C>.
Date of change		6 & 8 April 2011
No. of securities held priorto change		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
Class		Ordinary fully paid shares plus free attaching listed options
Number acquired		Direct – 9,573,900 Shares & 9,573,900 Listed OptionsIndirect – 26,259,033 Shares & 26,259,033 Listed Options
Number disposed		Nil
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation		Direct - $765,912.00Indirect - $2,100,722.64

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held afterchange		Direct38,295,600 Shares9,573,900 Listed Options exercisable at 15 cents before 30/9/2013IndirectXiang Rong (Australia) Construction Group Pty Ltd <Xiang RongManagement A/C>:8,574,304 Shares2,143,576 Listed Options exercisable at 15 cents before 30/9/2013Chunxiang Zeng:4,000,000 Shares1,000,000 Listed Options exercisable at 15 cents before 30/9/2013Lie You:26,307,647 Shares23,115,457 Listed Options exercisable at 15 cents before 30/9/2013
Nature of changeExample:on-markettrade, off-markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy-back		Issue of shares and options under Rights Issue Prospectus dated23 February 2011. Mrs Lie You also participated as a sub-underwriter.

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 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

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	Yes
If so, was prior written clearance provided to allowthe trade to proceed during this period?	No, participation in an offer made toall security holders is exempt. .
If prior written clearance was provided, on whatdate was this provided?

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

01/01/2011