MACRO METALS LIMITED — Director's Dealing 2006

May 31, 2006

Rule 3.19A.1

Appendix 3X

Initial 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	Brainytoys Limited
ABN	28 001 894 033

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Graham Nicol
Date of appointment	26 May 2006

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

216,204 Ordinary Shares

$\div$ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the

registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

holder $\&$ nature of Name -of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities
Wessex Capital Investment Ltd	132,863 Ordinary Shares
Louise Gear - wife of Cynthia director	50,000 Ordinary Shares 12,500 25c options expiring 30 June 2009

Part 3 – 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)
No. and class of securities to which interest relates

$\div$ See chapter 19 for defined terms.