EQ RESOURCES LIMITED — Director's Dealing 2008

Jan 20, 2008

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	Icon Resources Ltd (ASXCode: III)
ABN	77 115 009 106

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	John Richard Bishop
Date of last notice	3 Jan 2008

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 (includingregistered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Bullock Point Pty Ltd <Bishop Family SuperFund A/C>
Date of change	18 January 2008
No. of securities held prior to change	1,542,857 shares in the name of J R Bishop500,000 options with an exercise price of 30cents and an expiry date of 8 March 2001,and 500,000 options with an exercise price of45 cents and an expiry date of 30 November2012, all in the name of J R Bishop1,572,157 shares in the name of SarahVictoria Bishop
Class	Fully paid ordinary shares
Number acquired	2,000
Number disposed	Nil

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$529.95 (26.5 cents per share)
No. of securities held after change	1,542,857 shares in the name of J R Bishop500,000 options with an exercise price of 30cents and an expiry date of 8 March 2001,and 500,000 options with an exercise price of45 cents and an expiry date of 30 November2012, all in the name of J R Bishop1,572,157 shares in the name of SarahVictoria Bishop2,000 shares in the name of Bullock PointPty Ltd<Bishop Family Super Fund A/C>
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	On-market trade

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	None
Nature of interest
Name of registered holder (if issuedsecurities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

Appendix 3Y – 21 January 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002