EQ RESOURCES LIMITED — Director's Dealing 2010

Jul 15, 2010

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 009106

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	Leon Eugene Pretorius
Date of last notice	19 March 2010–Appendix 3X 22 March 2010

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 tothe relevant interest.	N/A
**Date of change **	16 July 2010
No. of securities held prior to change	8,000,000 fully paid ordinary shares held directly5,000,000 unlisted options held directly, exercise price$0.15, expiry date 30 June 2011
Class	Fully paid ordinary shares
Number acquired	5,000,000 ordinary shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$375,000 (placement at a share price of $0.075)
No. of securities held after change	13,000,000 fully paid ordinary shares held directly5,000,000 unlisted options held directly, exercise price$0.15, expiry date 30 June 2011

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Participation in a placement of 5,000,000 shares at a Example: on-market trade, off-market trade, exercise of price of $0.075 for an amount of $375,000, as approved options, issue of securities under dividend reinvestment by shareholders at the Extraordinary General Meeting plan, participation in buy-back held on 18 June 2010.

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	Detail of contract	None	None	None
Nature of interest
Name of registered holder(if issued securities)
Date of change
	te of change
NointNotewhic
	. and class of securities to whicherest related prior to change: Details are onl reuired for a contract in relation to
	y qh the interest has changed
Int
	erest acquired
Int	erest disposed
VaNotand
	lue/Consideration
	e: If consideration is non-cash, provide detailsan estimated valuation
Int	erest after change
	endix 3Y – 16 July 2010 L Pretorius

Appendix 3Y – 16 July 2010 L Pretorius

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002