DIATREME RESOURCES LIMITED — Major Shareholding Notification 2010

Mar 24, 2010

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme		DIATREME RESOURCES LIMITED
ACN/ARSN	ACN 061 267 061
1. Details of substantial holder (1)
Name	ANDREW TSANG
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on		22/03/2010
The previous notice was given to the company on		07/07/2009
The previous notice was dated		07/07/2009

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ORDINARY	32,018,693	32,018,693	38,170,518	18.58%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
	'Pleasel		refer to Attachment" A"

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
			Please refer to attachment "A"

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
	Please refer to attachment

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
		Detase refer to attachment "A"

Signature

print name	Andrew Tsang	canacity こっぱ
sign here		date $25/3$ /2010
	Insely

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an if you a manual or consider in parts were allowed to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to
Equity trust), the names could be included in an annexure to t $(1)$ fom.

See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\left( 3\right)$

The voting shares of a company constitute one class unless divided into separate classes. $\left|4\right\rangle$

The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $\left(5\right)$

• Include details of: $\langle 6 \rangle$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or
  document setting out the terms of any relevant agreement, and a statement $(a)$ accuration accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  arrangement, must accompany this form, together with a written statement certifying this contract, sche
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to
  which the relevant interest relates (indicating clearly the ЮÌ

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom e entitied to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be
entitled to receive in relation to that acquisition $(7)$ Enalted to excree in the last of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom
Included of any benefit paid on behalf of the substantial the relevant interest was acquired.

If the substantial holder is unable to determine the identity of the person (eg. If the relevant interest arises because of an option) write "unknown". $(B)$

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $\left( 9\right)$

$\overline{3}$ Changes in relevant interests

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
07/07/09 ťΩ 21/09/09	Xiang Rong (Australia) Construction Group Pty Ltd <xlang rongManagement A/C>	Purchases	\$183,702	1,185,776	1,185,776
24/12/09	Andrew Tsang	Placement	\$195,750	1,597,959	1,597,959
10/02/10	Andrew Tsang	Transfer to Xiang Rong (Australia) Construction Group Pty Ltd <xiang Rong Management A/C</xiang	\$195,750	1,597,959	1,597,959
10/02/10	Xiang Rong (Australia) Construction Group Pty Ltd <xiang rongManagement A/C>	Transfer from Andrew Tsang	\$195,750	1,597,959	1,597,959
02/03/10	Lie You	Purchase	\$8,171	68,090	68,090
22/03/10	Xiang Rong (Australia) Construction Group Pty Ltd <xiang rongManagement A/C>	Placement	\$404,250	3,300,000	3,300,000

Present relevant interests $\overline{\mathbf{4}}$

Holder of relevant interest	Registered holder of securities	Person entitled to be registered holder $(8)$ . The set of $(8)$	Nature of relevant Interest	Class and number of securities	Person's votes ARIS RISI
Andrew Tsang	Andrew Tsang	Andrew Tsang	Purchases & Placements	Ordinary 28,671,700	28,671,700
Xiang Rong (Australia) Construction Group Pty Ltd <xiang Rong Management A/C</xiang	Xiang Rong (Australia) Construction Group Pty Ltd <xiang rongManagement A/C>	Xiang Rong (Australia) Construction Group Pty Ltd <xiang rongManagement A/C>	Purchases & Placements	Ordinary 6,430,728	6.430,728
Chunxiang Zeng	Chunxiang Zeng	Chunxiang Zeng	Purchases	Ordinary 3.000.000	3,000,000
Lie You	Lie You	Lie You	Purchase	68,090	68,090

$\overline{5}$ Changes in association

Name and ACN/ARSN (if applicable)	일 이 이 사람들이 없다. 전 시 이 이 시 시 시 시 시 시 시 시 시 시 시 시 시 시 시 시 Nature of association and the property of the state of a
Xiang Rong (Australia) Construction Group Pty Ltd <xiang managementA/C	Director & shareholder
Chunxiang Zeng	Spouse
Lie You	Mother

$6¹$ Addresses

	Name in the second contract to Address and the second contract of the second contract of the second contract of
Andrew Tsang	39 Stanhope Road, Killara, NSW, 2071
Xiang Rong (Australia) Construction Group Pty Ltd < Xiang Rong Management A/C	Suite 1907, 109 Pitt Street, Sydney, NSW, 2000
Chunxiang Zeng	39 Stanhope Road, Killara, NSW, 2071
Lie You	13 Shenliao Fushan Cun Jiufeng, Zhen, Pinghe Fujian Province, China