GULF RESOURCES, INC. — Director's Dealing 2009

Mar 20, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GULF RESOURCES, INC. (GFRE.OB)
CIK: 0000885462
Period of Report: 2009-03-10

Reporting Person: Liu Xiaobin (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-03-10	Option to purchase Common Stock, par value $0.0005 per share	$1.20	A	100000	Acquired	2019-03-09	Common Stock (100000)	Direct

Footnotes

F1: Represents an option to purchase shares of Common Stock granted on March 10, 2009 to Mr. Liu pursuant to the Registrant's
2007 Equity Incentive Plan. The option to purchase shares of Common Stock vests and becomes exercisable beginning on March
10, 2009.