ENCOUNTER RESOURCES LIMITED — Director's Dealing 2008

Apr 17, 2008

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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 April 2008 Company Announcements Office Australian Stock Exchange Limited 4[th] Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Change in Directors Interest Notice

Please find attached Appendix 3Y – Change in Directors Interest Notice for Mr Paul Chapman.

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	Paul Chapman
Date of last notice	29 March 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Stone Poneys Nominees Pty Ltd atf Chapman Super Fund and atf Chapman Investment Fund
Date of change	14 April 2008
No. of securities held prior to change	4,650,000 – Chapman Investment Fund A/c 60,000 – Chapman Super Fund A/c
Class	Ordinary
Number acquired	37,400
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	32 cents
No. of securities held after change	4,650,000 - Chapman Investment Fund A/c 97,400–Chapman Super Fund A/c

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Purchased on market Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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 to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002