GWR GROUP LIMITED — Director's Dealing 2008

Feb 12, 2008

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
ABN	54 102 622 051

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	MICHAEL WILSON
Date of last notice	4 February 2008

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

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.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest	Director and shareholder of Wilmick Holdings Pty Ltd
(including registered holder)
Note: Provide details of the circumstances
giving rise to the relevant interest.
Date of change	8thFebruary 2008
No. of securities held prior	2,248,105 Ordinary fully paid shares
to change	1,500,000 Options exercisable at $2.00 before 31/12/10
	1,500,000 Options exercisable at $3.00 before 31/12/11
Class	Ordinary fully paid shares
	Options exercisable at $2.00 before 31/12/10
	Options exercisable at $3.00 before 31/12/11
Number acquired
Number disposed	100,000 fully paid shares
Value/Consideration	$185,000
Note: If consideration is non-cash, provide
details and estimated valuation

• See chapter 19 for defined terms.

11/3/2002 - 621379192_1111041.doc

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of	securities held after	2,148,105 Ordinary fully paid shares
change		1,500,000 Options exercisable at $2.00 before 31/12/10
		1,500,000 Options exercisable at $3.00 before 31/12/11
Nature	of change	Off-market trade to pay legal fees
Example:	on-markettrade,off-market
trade, exercise of options, issue of
securities	under dividend reinvestment
plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

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.

Detail of contract	N/A
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

11/3/2002