GATEWAY MINING LIMITED — Director's Dealing 2009

Jul 14, 2009

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	Brian Thornton
Date of last notice	10 July 2009

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 relevantinterest.	Bikini Atoll Investments Pty Limited ofwhich Brian Thornton is a Director
Date of change	15 July 2009
No. of securities held prior to change	10,375,257 ordinary shares350,000 options expiring 30/11/2011
Class	Ordinary shares
Number acquired	18,368 ordinary shares
Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	18,368 @ $0.075 per ordinary share= $1,377.60
No. of securities held after change	10,393,625 ordinary shares350,000 options expiring 30/11/2011
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On market trades

• See chapter 19 for defined terms.

15/07/2009

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.

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----- Start of picture text ----- Detail of contract NILNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

15/07/2009