GWR GROUP LIMITED — Director's Dealing 2007

Oct 1, 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	Constantino Markopoulos
Date of last notice	28 March 2007

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	Indirect
Nature of indirect interest	Father of Kristy Maree Markopoulos
(including registered holder)	Father of Frank Nicholas Markopoulos
Note: Provide details of the circumstances givingrise to the relevant interest.	Husband of Aspasia Markopoulos
Date of change	2 October 2007
No. of securities held prior to change	3,300 Ordinary fully paid shares
Class	Ordinary fully paid shares
Number acquired	500,000 Options exercisable $2.00 before 31/12/2010
	500,000 Options exercisable $3.00 before 31/12/2011
Number disposed
Value/Consideration	$Nil
Note: If consideration is non-cash, provide
details and estimated valuation
No. of securities held after change	3,300 Ordinary fully paid shares
	500,000 Options exercisable $2.00 before 31/12/2010
	500,000 Options exercisable $3.00 before 31/12/2011
Nature of change	Pursuant to resolution of members on 21 September 2007
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in buy-
back

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

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	102 622 051

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	Peter Thompson
Date of last notice	6 June 2007

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	Indirect
Nature of indirect interest	Regalquest Investments Pty Ltd - Director/Shareholder
(including registered holder)
Note: Provide details of the circumstances givingrise to the relevant interest.	Superfine Nominees Pty Ltd - Director/Shareholder
Date of change	2 October 2007
No. of securities held prior to change	Nil
Class
Number acquired	500,000 Options exercisable $2.00 before 31/12/2010
	500,000 Options exercisable $3.00 before 31/12/2011
Number disposed
Value/Consideration	Nil
Note: If consideration is non-cash, provide
details and estimated valuation
No. of securities held after change	500,000 Options exercisable $2.00 before 31/12/2010
	500,000 Options exercisable $3.00 before 31/12/2011

• 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 21 September 2007

Part 2 – Change of director’s interests in contracts

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001