GWR GROUP LIMITED — Director's Dealing 2011

Feb 22, 2011

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23 February 2011

Company announcements office ASX Limited 20 Bridge Street Sydney NSW 2000

Revised - Change in Director’s interest notices

Dear Sir/Madam,

Please find following a revised Appendix 3Y for Mr David Sanders and Mr Law Tien Seng as a result of their participation in the Company’s Share Purchase Plan offer which was completed and announced to the market yesterday.

Yours sincerely

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Anthony Begovich Company Secretary

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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	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	David Sanders
Date of last notice	1 December 2009

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/a
Date of change	22 February 2011
No. of securities held prior to change	8,300 ordinary fully paid shares
Class	Ordinary fully paid shares
Number acquired	18,750
Number disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15,000
No. of securities held after change	27,050 ordinary fully paid shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in Share Purchase Plan

• See chapter 19 for defined terms. 30/9/2001

Appendix 3Y Page 1

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	N/a
Name of registered holder (if issued securities)	N/a
Date of change	N/a
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	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/a
Interest after change	N/a

Part 3 – + Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/a
If prior written clearance was provided, on what date was this provided?	N/a

• 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	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	Law Tien Seng (surname underlined)
Date of last notice	26 July 2010

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The registered holder of the shares is Wynnes Investment Holding Limited. Law Tien Seng has more than 20% of the voting power of the issued and paid up share capital of Wynnes Investment Holding Limited. Saw Geok Ngor, the wife of Law Tien Seng, has more has more than 20% of the voting power of the issued and paid up share capital of Wynnes Investment Holding Limited. Pursuant to Section 608(3) of the Corporations Act 2001, Law Tien Seng hs an interest in securities which Wynnes Investment Holding Limited is interested.
Date of change	22 February 2011
No. of securities held prior to change	21,470,364 ordinary fully paid shares
Class	Ordinary fully paid shares
Number acquired	18,750

• See chapter 19 for defined terms. 30/9/2001

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15,000
No. of securities held after change	21,489,114 ordinary fully paid shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in Share Purchase Plan

Part 2 – Change of director’s interests in contracts

Detail of contract	N/a
Nature of interest	N/a
Name of registered holder (if issued securities)	N/a
Date of change	N/a
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	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/a
Interest after change	N/a

Part 3 – + Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/a
If prior written clearance was provided, on what date was this provided?	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001