IONEER LTD — Director's Dealing 2011

Jun 29, 2011

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 GLOBAL GEOSCIENCE LIMITED ABN 76 098 564 606

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	BERNARD ANTHONY ROWE
Date of last notice	22ndJune 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

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	Direct / Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Lydail Pty Limited; Mopti Pty Limited are controlled by BA Rowe. Venetia Francena Rowe – wife of BA Rowe
Date of change	30thJune 2011
No. of securities held prior to change	BA Rowe – 26,666 ordinary shares BA Rowe – 7,500 listed options (exercisable at $0.25, expiring 31 AUG 2012) BA Rowe – 1,000,000 unlisted options (exercisable at $0.25, expiring 31 AUG 2012) Lydail Pty Limited – 227,221 ordinary shares Lydail Pty Limited – 7,500 listed options (exercisable at $0.25, expiring 31 AUG 2012) Mopti Pty Limited – 2,415,920 ordinary shares Mopti Pty Limited – 679,476 listed options (exercisable at $0.25, expiring 31 AUG 2012) Mopti Pty Limited – 1,000,000 unlisted options (exercisable at $0.17, expiring 30 DEC 2013) Venetia F. Rowe – 60,000 ordinary shares Venetia F. Rowe – 16,875 listed options (exercisable at $0.25, expiring 31 AUG 2012)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary shares
Number acquired	264,665 ordinary shares Lydail Pty Limited
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$9313
No. of securities held after change	BA Rowe – 26,666 ordinary shares BA Rowe – 7,500 listed options (exercisable at $0.25, expiring 31 AUG 2012) BA Rowe – 1,000,000 unlisted options (exercisable at $0.25, expiring 31 AUG 2012) Lydail Pty Limited – 491,886 ordinary shares Lydail Pty Limited – 7,500 listed options (exercisable at $0.25, expiring 31 AUG 2012) Mopti Pty Limited – 2,415,920 ordinary shares Mopti Pty Limited – 679,476 listed options (exercisable at $0.25, expiring 31 AUG 2012) Mopti Pty Limited – 1,000,000 unlisted options (exercisable at $0.17, expiring 30 DEC 2013) Venetia F. Rowe – 60,000 ordinary shares Venetia F. Rowe – 16,875 listed options (exercisable at $0.25, expiring 31 AUG 2012)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares purchased on market by Lydail Pty Limited.

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	None
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.

Appendix 3Y Page 3

11/3/2002