GRANGE RESOURCES LIMITED. — Director's Dealing 2003

Feb 4, 2003

FACSIMILE

TO: AUSTRALIAN STOCK EXCHANGE LIMITED COMPANY ANNOUNCEMENTS PLATFORM

FROM: GRANGE RESOURCES LIMITED

FACSIMILE NO: 1300 300 021

DATE: 5 FEBRUARY 2003

SUBJECT: COMPANY ANNOUNCEMENT

NO OF PAGES: 3

NOTE: The information in this facsimile is confidential and may be privileged or subject to copyright. It is intended for the addressee only. If you have received this facsimile in error please call the sender on (08) 9321 1118 immediately and return it by mail to the above address. The unauthorised use of the information may result in liability for breach of confidentiality, privilege or copyright.

APPENDIX 3Z

FINAL DIRECTOR'S INTEREST NOTICE

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 Grange Resources Limited
ABN	وسنعت ------ 80 029 132 405

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	Ludger David Kohmascher
Date of last notice	15 August 2002
Date that director ceased to be director	4 February 2003

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

750,000 - 12 cent options expiring 30 June 2007

⁺ See chapter 19 for defined terms.

Appendix 3Z Final Director's Interest Notice

Part 2 - Director's relevant interests in socurities 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 interest Note: Provide details of the circumstances giving rise to the relevant interest	Number & class of securities
Nil
-54

Part 3 - Director's interests in contracts

Not Applicable

⁺ See chapter 19 for defined terms.