INOVIQ LTD — Director's Dealing 2007

Jun 5, 2007

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	EUROGOLD LIMITED
JABN	009 070 384

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 LYNTON GUNZBURG
Date of last notice	06 January 2006

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	Bricklanding Super Fund Account
(including registered holder)
Note: Provide details of the circumstances	Mr Gunzburg is a director of Bricklanding
giving rise to the relevant interest.	Super Fund
Date of change	31 May 2007
No. of securities held prior to change	1,852,600
Class	Ordinary Fully Paid Shares
Number acquired	2,198,908 - on market
	$22,196,085 -$ offmarket
Number disposed	Nil
includes Value/Consideration	2,198,908 - \$44,340.98
brokerage/gst	22,196,085 transferred from Trovex Pty
Note: If consideration is non-cash, provide	Ltd (Mr Gunzburg is a director of Trovex
details and estimated valuation	and transferred the shares to Bricklanding
	Super Fund in an off-market transaction)
No. of securities held after change	26,247,593

⁺ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue $\left[22,196,085-\text{off market transfer}\right]$ of securities under dividend reinvestment plan, participation in buy- back	$\vert 2,198,908 -$ on market transfer

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	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

⁺ See chapter 19 for defined terms.