METEORIC RESOURCES NL — Director's Dealing 2006

Dec 7, 2006

Appendix 3Y

Change of Director's Interest Notice

Name of entity	METEORIC RESOURCES NL
IABN:	64 107 985 651

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	George Sakalidis
Date of last notice	28 November 2006
Date of this notice	8 December 2006

Part 1 - Change of director's relevant interests in securities

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder)	Indirect interests held by: Leeman Pty Ltd, a company controlled by Mr Sakalidis: G and J Sakalidis acting as joint trustees for the Sakalidis Superannuation Fund
Date of change/s	Between 28.11.2006 and 7.12.2006
No. of securities held prior to change	1,932,762 fully paid ordinary shares 2,858,462 partly paid fully participating contributory shares issued at \$0.00 with \$0.20 payable 800,000 options to acquire partly paid fully participating contributory shares exercisable on or before 21.11.2010 at \$0.06 each
Class	Fully paid ordinary shares, Partly paid contributing shares Options to acquire partly paid contributing shares
Number acquired	55,000 fully paid ordinary shares 800,000 options to acquire partly paid contributing shares
Number disposed	170,000 partly paid contributing shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Purchases - \$16,750 Sales - \$20,400 Issue of options pursuant to a resolution passed at the 2006 AGM on 16.11.2006
No. of securities held after change	1,987,762 fully paid ordinary shares 2,688,462 partly paid fully participating contributory shares issued at \$0.00 with \$0.20 payable 800,000 options to acquire partly paid fully participating contributory shares exercisable on or before 21.11.2010 at \$0.06 each 800.000 options to acquire partly paid fully participating contributory shares exercisable on or before 16.11.2011 at \$0.06 each

Nature of change	Sales on market Purchases on market Issue of options pursuant to a resolution passed at the
	2006 AGM held on 16.11.2006

Part 2 - Change of director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder
(if issued securities)
Date of change
No, and class of securities to which interest related prior to change
Interest acquired
Interest disposed
Value/Consideration
Interest after change