GATEWAY MINING LIMITED — Director's Dealing 2007

Oct 24, 2007

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	Gateway Mining NL
ABN	31 008 402 391

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	Robert Creelman
Date of last notice	12 September 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	Hulbar Holdings Pty Ltd as trustee for the
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	CreelmanSuperFundCreelman is a beneficiary	of which Robert
Date of change	25 October 2007
No. of securities held prior to change	130,500 ordinary shares
	350,000 options expiring 30/11/11
Class	Ordinary Shares
Number acquired	200,000 ordinary shares
Number disposed
Value/Consideration	10.5/11.5 cents per ordinary share
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	330,500 ordinary shares
	350,000 options expiring 30/11/11
Nature of change	On-market trades
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

• See chapter 19 for defined terms.

25/10/2007

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

25/10/2007