NEURIZER LTD — Director's Dealing 2008

Feb 13, 2008

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14 February 2008

Manager Companies Companies Announcements Office Australian Stock Exchange Limited

By e-mail: ASX On-Line

Dear Sir/Madam

ASX Code: MTN

Please find attached Appendix 3X initial Directors notice.

Yours faithfully

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Sam Appleyard Company Secretary

Appendix 3X Initial Director’s Interest Notice

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 MARATHON RESOURCES LTD ABN 31 107 531 822

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	CHRISTOPHER CLELAND SCHACHT
Date of appointment	23 /01/2008

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

45,000 Ordinary Shares

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

Appendix 3X Initial Director’s Interest Notice

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

	Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities NIL

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	Employee Share Option Plan post qualifying period
Nature of interest	At Board discretion
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/Al

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 3