EMU NL — Director's Dealing 2008

Feb 26, 2008

Appendix 3X

Initial Director’s Interest Notice

Name of Company:	Emu Nickel NL
ABN:	50 127 291 927

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	George SAKALIDIS
Date of appointment	29 August 2007

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

Number & class of securities

2,910,015 Fully Paid Ordinary Shares in Emu Nickel NL (escrowed until 27.2.2010)

2,000,000 options to acquire fully paid ordinary shares in Emu Nickel NL at an exercise price of $0.50 for each option, which options will lapse on or before 5.00pm Western Standard Time on 27.2.2013.

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

Name of holder & nature of	Number & class of Securities
interest
Leeman Pty Ltd – Trustee for the	83,000 Fully Paid Ordinary Shares in Emu Nickel
Sakalidis Family Trust	NL (escrowed until 27.2.2010)
G and J Sakalidis as joint trustees	121,000 Fully Paid Ordinary Shares in Emu
for the Sakalidis Superannuation	Nickel NL (escrowed until 27.2.2010)
Fund

Emu Nickel NL - Appendix 3X Lodged with ASX 27 February 2008

Appendix 3X

Initial Director’s Interest Notice

(Continued)

Part 3 – Director’s interests in contracts

Detail of contract	Nil
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

Emu Nickel NL - Appendix 3X Lodged with ASX 27 February 2008