PACIFIC RESOURCES LIMITED — Director's Dealing 2008

Apr 6, 2008

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	LODESTONE EXPLORATION LIMITED
ABN	20 075 877 075

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	WILLIAM STUBBS
Date of appointment	31 MARCH 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

Nil

+ 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

Name of holder & nature ofNumber & class of Securities
Note: Provide details of the circumstances giving rise to
1,000,000 fully paid ordinary sharesMr William Stubbs is a director andshareholder of Billted InvestmentsPty Ltd which holds the investment

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	Nil
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

+ See chapter 19 for defined terms.