GOLDEN CROSS RESOURCES LTD — Director's Dealing 2009

Jan 15, 2009

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z Final 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 GOLDEN CROSS RESOURCES LTD

ABN 65 063 075 178

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Kerry McHugh
Date of last notice	6 October 2006
Date that director ceased to be director	13 January 2009

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

• 1,000,000 employee options exercisable at 10 cents by 31 March 2011.

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of Number & class of securities interest • 1,500,816 ordinary shares in GCR. Note: Provide details of the circumstances giving rise to the relevant interest Securities held by Collingridge Investments Pty Ltd , the trustee for the McHugh family superannuation fund, and GCR Plan Managers Pty Ltd, the trustee for the GCR Employee Share Acquisition Scheme.

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

Simon Lennon Company Secretary 16 January 2009

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002