INOVIQ LTD — Director's Dealing 2007

Jun 5, 2007

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 - 002

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	NEIL THACKER MacLACHLAN
Date of last notice	14 July 2004

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 – held in Nominee
Nature of indirect interest (including registered holder)	Nefco Nominees Pty Ltd
Note: Provide details of the circumstances giving rise to the relevant interest.	Nominee
Date of change	31 May 2007
No. of securities held prior to change	Nil
Class	Ordinary Fully Paid Shares
Number acquired	2,200,000
Number disposed	Nil
Value/Consideration includes brokerage/gst Note: If consideration is non-eash, provide details and estimated valuation	\$44,484.00
No. of securities held after change	2,200,000

⁺ See chapter 19 for defined terms.

Rule 3.19A.2

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back-	On Market Trade
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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.