ELEMENT 25 LIMITED — Director's Dealing 2011

Jul 4, 2011

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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.

Name of entity MONTEZUMA MINING COMPANY LIMITED ABN 49 119 711 929

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Denis O’Meara
Date of last notice	25 March 2011
Date that director ceased to be director	30 June 2011

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

520,000 Ordinary Shares 500,000 Listed Options, exercise price $0.20, expiry date 31 August 2011 500,000 Options, exercise price $0.35, expiry date 31 August 2011

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interestOutback Trees of Australia Pty Ltd	Number & class of securities45,000 Ordinary Shares102,500 Listed options, exercise price $0.20, expiry date31 August 2011

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities towhich interest relates	NIL

5 June 2011

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John Ribbons Company Secretary

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002