NEURIZER LTD — Director's Dealing 2009

Sep 1, 2009

==> picture [539 x 61] intentionally omitted <==

==> picture [539 x 60] intentionally omitted <==

2 September 2009

Manager Companies Companies Announcements Office Australian Securities Exchange

By ASX On-Line

Dear Sir/Madam

ASX Code: MTN Appendices 3B & 3Y

Enclosed, please find Appendices 3B and 3Y detailing issue of options to the Managing Director, following EGM approval and grant by the Board.

Yours sincerely

==> picture [181 x 52] intentionally omitted <==

Sam Appleyard Company Secretary

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

MARATHON RESOURCES LTD ABN 31 107 531 822

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of +securities issued or to be issued 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)	Unlisted options
	1,000,000
	1 Million Options to acquire ordinary shares in the Company at an exercise price of $0.80 - expiry date 2 September 2012 The terms of the Options are detailed in the Notice of Extraordinary General Meeting dated 27 July 2009 and approved by shareholders at the EGM 2 September 2009

Appendix 3B New issue announcement

4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering +securities into uncertificated holdings or despatch of certificates 8 Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)	On exercise of the options, the fully paid ordinary shares issued as a result will rank equally with the existing class of quoted securities.	On exercise of the options, the fully paid ordinary shares issued as a result will rank equally with the existing class of quoted securities.
	Nil
	Grant of options in accordance with terms detailed in Notice of EGM dated 27 July 2009 and approved by shareholders at the EGM 2 September 2009
		+Class ordinary shares
	2 September 2009
	Number	+Class
	77,008,677	ordinary shares

Appendix 3B New issue announcement

Number +Class 9 Number and +class of all +securities not quoted on ASX (_including_the securities in clause 2 if applicable) 30,000 30,000 3,000,000 1,000,000 unlisted 5.67 cent options expiring 30/6/2010 unlisted 30.67 cent options1 expiring 30/6/2010 unlisted $1.037 options expiring 30/6/2011 unlisted $0.80c options expiring 02/09/2012 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests) N/A art 2 - Bonus issue or pro rata issue N/A 11 Is security holder approval required? 12 Is the issue renounceable or non-renounceable? 13 Ratio in which the +securities will be offered 14 +Class of +securities to which the offer relates 15 +Record date to determine entitlements 16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?	Number	+Class
	30,000 30,000 3,000,000 1,000,000	unlisted 5.67 cent options expiring 30/6/2010 unlisted 30.67 cent options1 expiring 30/6/2010 unlisted $1.037 options expiring 30/6/2011 unlisted $0.80c options expiring 02/09/2012
	N/A

Part 2 - Bonus issue or pro rata issue N/A

Appendix 3B New issue announcement

17	Policy for deciding
	entitlements in relation to
	fractions
18	Names of countries in which
	the entity has +security holders
	who will not be sent new issue
	documents
	Note: Security holders must be told how
	their entitlements are to be dealt with.
	Cross reference: rule 7.7.
19	Closing date for receipt of
	acceptances or renunciations
20	Names of any underwriters
21	Amount of any underwriting
	fee or commission
22	Names of any brokers to the
	issue
23	Fee or commission payable to
	the broker to the issue
24	Amount of any handling fee
	payable to brokers who lodge
	acceptances or renunciations
	on behalf of +security holders
25	If the issue is contingent on
	+security holders’ approval,
	the date of the meeting
26	Date entitlement and
	acceptance form and
	prospectus or Product
	Disclosure Statement will be
	sent to persons entitled
27	If the entity has issued
	options, and the terms entitle
	option holders to participate
	on exercise, the date on which
	notices will be sent to option
	holders
28	Date rights trading will begin
	(if applicable)
29	Date rights trading will end (if
	applicable)

Appendix 3B New issue announcement

30 How do[+] security holders sell their entitlements in full through a broker? 31 How do[+] security holders sell part of their entitlements through a broker and accept for the balance? 32 How do +security holders dispose of their entitlements (except by sale through a broker)? 33 +Despatch date

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities ( tick one )

• (a) Securities described in Part 1

(b) All other securities Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the[+] securities are[+] equity securities, the names of the 20 largest holders of the additional[+] securities, and the number and percentage of additional +securities held by those holders

36 If the +securities are +equity securities, a distribution schedule of the additional[+] securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over

37 A copy of any trust deed for the additional[+] securities

Appendix 3B New issue announcement

Entities that have ticked box 34(b)

38 Number of securities for which +quotation is sought 39 Class of +securities for which quotation is sought 40 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 41 Reason for request for quotation now Example: In the case of restricted securities, end of restriction period (if issued upon conversion of another security, clearly identify that other security) 42 Number and +class of all +securities quoted on ASX (including the securities in clause 38)
		Number	+Class

Appendix 3B New issue announcement

Quotation agreement

• 1 Quotation of our additional[+] securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX:

• The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

• There is no reason why those[+] securities should not be granted[+] quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.

• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the[+] securities to be quoted, it has been provided at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the[+] securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

==> picture [186 x 47] intentionally omitted <==

Sign here: ............................................................ COMPANY SECRETARY

Date: 2 September 2009

Print name: .............S M APPLEYARD ....................

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2 Rule 3.19A.2 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	MARATHON RESOURCES LTD
ABN 31 107 531	822

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	JOHN GORDON LINLEY
Date of last notice	27 APRIL 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	DIRECT/INDIRECT
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	J G Linley & M Kuiper-Linley Settlement>
Date of change	2/09/2009
No. of securities held prior to change	375,000 (J G Linley-Direct)
Class	Ordinary Shares
Number acquired	1 Million Options to acquire ordinary shares - exercise price of $0.80 - expiry date 1/09/2012
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	NIL
No. of securities held after change	(Direct) 375,000 Ordinary Shares (Indirect) 1Million options to acquire ordinary shares- exercise price of $0.80 - expiry date 2/09/2012
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Grant of options in accordance with terms detailed in Notice of EGM dated 27 July 2009 and approved by shareholders at EGM 2September 2009

• See chapter 19 for defined terms.

Appendix 3Y Page 1

2/09/2009

G:\Marathon\EGM 2009\Change of Director's Interest JGL.doc

Appendix 3Y Change of Director’s Interest Notice

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.

Appendix 3Y Page 2