GWR GROUP LIMITED — Director's Dealing 2007

Nov 20, 2007

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	Golden West Resources Limited
ACN	102622051

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	John Leonard Daniels
Date of last notice	24 December 2004

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

	Direct or indirect interest	Direct or indirect interest	Direct	Direct	Direct	Direct
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.
	Date of change		21 March 2007
	No. of securities held prior to change		250,000 Options exercisable at $0.25 before 30/06/08250,000 Options exercisable at $0.30 before 30/06/08250,000 Options exercisable at $0.40 before 30/06/08
	Class		Options exercisable at $0.25 before 30/06/08Options exercisable at $0.30 before 30/06/08Options exercisable at $0.40 before 30/06/08
	Number acquired		1,000,000 Options exercisable at $2.00 before 31/12/101,000,000 Options exercisable at $3.00 before 31/12/11
	Number disposed
	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation		$Nil
	No. of securities held after change		250,000 Options exercisable at $0.25 before 30/06/08250,000 Options exercisable at $0.30 before 30/06/08250,000 Options exercisable at $0.40 before 30/06/081,000,000 Options exercisable at $2.00 before 31/12/101,000,000 Options exercisable at $3.00 before 31/12/11
			1,000,000 Option1,000,000 Option		s exercisable at $2.00 before 31/1s exercisable at $3.00 before 31/1
+ See chapter 19 for defined te		rms.
30/9/2001						Appendix 3Y

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back	Pursuant to resolution of members on 15 March 2007

Part 2 – Change of director’s interests in contracts

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001