ENCOUNTER RESOURCES LIMITED — Director's Dealing 2007

Dec 20, 2007

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Level 1, 46 Parliament Place West Perth WA 6005

PO Box 273 West Perth WA 6872 P 08 9486 9455 F 08 6210 1578

www.encounterresources.com.au

18 December 2007

Company Announcements Office Australian Stock Exchange Limited 4[th] Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Directors’ Interest Notice

Please find attached Appendix 3Y Change of Director’s Interest Notice for Dr Jonathan Hronsky and Mr Peter Bewick.

Yours faithfully

ENCOUNTER RESOURCES LIMITED

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Kevin Hart Company Secretary

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.

Name of entity ENCOUNTER RESOURCES LIMITED

ABN 47 109 815 796

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	Jonathan Hronsky
Date of last notice	10 May 2007

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	11 December 2007
No. of securities held prior to change	Nil
Class	Unlisted options exercisable at 53.5 cents onor before 30 November 2012 subject to a 12month vesting period.
Number acquired	500,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	500,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of Options issued pursuant to shareholder securities under dividend reinvestment plan, participation in buy-back approval.

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	N/a
Name of registered holder(if issued securities)	N/a
Date of change	N/a
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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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.

Name of entity ENCOUNTER RESOURCES LIMITED

ABN 47 109 815 796

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	Peter Bewick
Date of last notice	1 May 2006

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	11 December 2007
No. of securities held prior to change	4,650,000 ordinary shares – Solvista Pty LtdATF Bewick Family Trust50,000 – P&S Bewick ATF BewickSuperannuation Fund
Class	400,000 unlisted options - exercisable at 55cents each on or before 30 November 2012,subject to a 12 month vesting period.400,000 unlisted options - exercisable at 70cents each on or before 30 November 2012,subject to a 24 month vesting period.
Number acquired	800,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	4,650,000 ordinary shares – Solvista Pty LtdATF Bewick Family Trust50,000 ordinary shares – P&S Bewick ATFBewick Superannuation Fund800,000 unlisted options – Peter Bewick
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Options issued pursuant to shareholderapproval.

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	N/a
Name of registered holder(if issued securities)	N/a
Date of change	N/a
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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