GREENVALE ENERGY LTD — Director's Dealing 2007

Nov 13, 2007

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G REENVALE MINING N.L.

ACN 000 743 555 ABN 54 000 743 555

Suite 305 (3[rd] Floor), Angela House, 30-36 Bay Street DOUBLE BAY NSW 2028 AUSTRALIA ALL CORRESPONDENCE TO: P.O Box 366, DOUBLE BAY NSW 1360 AUSTRALIA Tel: (61 2) 9327 2553 Fax: (61 2) 9327 2028 e-mail ecgres@bigpond.com

ASSOCIATED COMPANIES MINGA PTY LIMITED TEXAS ENERGY CORPORATION N.L.

ANNOUNCEMENT

Captain Starlight Nominees Pty Ltd has exercised its Call Option.

Appendix 3Y notices are being prepared for notification to the ASX in accordance with the Listing Rules following completion.

ON BEHALF OF THE BOARD OF GREENVALE MINING N.L.

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Leslie White Chairman

14 November 2007