GATEWAY MINING LIMITED — Director's Dealing 2009

Jul 9, 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	6 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	Bikini Atoll Investments Pty Limited of
(including registered holder)	which Brian Thornton is a Director
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	10 July 2009
No. of securities held prior to change	10,293,625 ordinary shares
	350,000 options expiring 30/11/2011
Class	Ordinary shares
Number acquired	81,632 ordinary shares
Number disposed
Value/Consideration	81,632 @ $0.0750 per ordinary share
Note: If consideration is non-cash, provide details and estimatedvaluation	= $6,122.40
No. of securities held after change	10,375,257 ordinary shares
	350,000 options expiring 30/11/2011

• See chapter 19 for defined terms.

Appendix 3Y Page 1

10/07/2009

Appendix 3Y Change of Director’s Interest Notice

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

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	NIL	NIL	NIL	NIL	NIL
	Nature of interest
	Name of registered holder(if issued securities)
	Date of change
	No. and class of securities towhich interest related prior to
	changeNote: Details are only required for a contrto which the interest has changed	act in relation
	Interest acquired
	Interest disosed
	p
	Vl/Cidi
	aueonseratonNote: If consideration is non-cash, provid	e details and
	an estimated valuation
	Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

10/07/2009