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PATERSON RESOURCES LTD Director's Dealing 2011

May 31, 2011

65618_rns_2011-05-31_3999c0e2-ce16-44bd-ba8d-058e92eff8aa.pdf

Director's Dealing

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Appendix 3Y

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

Name of entity UNITED OROGEN LIMITED
ABN 45 115 593 005

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 NOEL CRAIG TAYLOR
Date of last notice 17 December 2010

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
Nature of indirect interest N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change
$1$ June 2011
No. of securities held prior to change Nil
Class
Options exercisable at 20 cents each
expiring 1 May 2016
Number acquired 2,000,000 options
Number disposed Nil
Value/Consideration Nil- Options issued pursuantto
Note: If consideration is non-cash, provide details and estimatedvaluation resolution passed at shareholders meeting
held on 27 May 2011
No. of securities held after change Options exercisable at 20 cents each
expiring 1 May 2016

01/01/2011 Appendix 3Y Page 1

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuv-back Options issued pursuant to resolutionpassed at shareholders meeting held on27 May 2011

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" shouldbe disclosed in this part.

Detail of contract N/A
Nature of interest N/A
Name of registered holder(if issued securities) N/A
Date of change N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed N/A
Interest acquired N/A
Interest disposed N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation N/A
Interest after change N/A

Part 3 - +Closed period

Were the interests in the securities or contracts detailed Noabove traded during a + closed period where prior writtenclearance was required?
If so, was prior written clearance provided to allow the trade $\vert$ N/Ato proceed during this period?
If prior written clearance was provided, on what date was thisprovided? $\overline{\rm N/A}$

+ See chapter 19 for defined terms.