HELIX RESOURCES LIMITED — Director's Dealing 2008

Apr 28, 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	Helix Resources Limited
ABN	27 009 138 738

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	Gordon Dunbar
Date of last notice	1 November 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

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Dunbar Superannuation Fund of which GordonDunbar is trustee and beneficiary.
Date of change	28 April 2008
No. of securities held prior to change	200,000Ordinary Shares400,000Incentive Options exercisable at 26cents before 30 November 200825,000Bonus options exerciseable at 30cents before 30 June 2009
Class	As above
Number acquired	100,000 Ordinary shares on market
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$21,700

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- No. of securities held after change 300,000 - Ordinary Shares400,000 - Incentive Options exercisable at 26cents before 30 November 200825,000 Bonus options exerciseable at 30cents before 30 June 2009Nature of change On-market trade during Corporate GovernanceExample: on-market trade, off-market trade, exercise of options, issue of “trading window” for Directorssecurities under dividend reinvestment plan, participation in buy-back----- End of picture text -----

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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002