IODM LIMITED — Director's Dealing 2010

May 10, 2010

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 PARADIGM METALS LTD ABN 28 102 747 133

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	GRAHAM DONALD CARMAN
Date of last notice	28 August 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

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	DirectIndirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	GrahamDonaldCarmanandSally-JoCarman ATF Carman Family Superfund
Date of change	6 May 2010
No. of securities held prior to change	Direct3,511,860 Ordinary SharesIndirect610 Ordinary Shares
Class	Ordinary Shares
Number acquired	Indirect151,557
Number disposed	Indirect610
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Indirect$5,393.10

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	No. of securities held after change
	No. of securities held after change		Direct
			3,511,860 Ordinary SharesIndirect
			151,557 Ordinary Shares
	Nature of changeExample: on-market trade, off-market trade, exercisecurities under dividend reinvestment plan, partici	se of options, issue ofpation in buy-back	On-market trade

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 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.

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