PERSEUS MINING LIMITED — Director's Dealing 2005

Sep 19, 2005

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 30/9/2001.

Name of entity	PERSEUS MINING LIMITED
ACN	106 808 986

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	COLIN JOHN CARSON
Date of last notice	14 July 2005

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

Direct or indirect interest.	Direct Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	15 September 2005
No. of securities held prior to change	Held in the name of
100,000 Ordinary Fully Paid Shares	Colin John Carson
50,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March 2009 held in the name of Colin John Carson
125,000 Ordinary Fully Paid Shares	Held in the name of Cadden Nominees Pty Ltd in which Mr Carson is a director and holds a beneficial interest
25,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March 2009 held in the name of Cadden Nominees Pty Ltd in which Mr Carson is a director and holds a beneficial interest

No. of securities held prior to change	Held in the name of
756,423 Ordinary Fully Paid Shares	Held in the name of Hargrave Holdings Pty Ltd in which Mr Carson is a director and holds a beneficial interest
170,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March 2009 held in the name of Hargrave Holdings Pty Ltd in which Mr Carson is a director and holds a beneficial interest

Class	Ordinary fully paid shares
Number acquired
40,000 Ordinary Fully Paid Shares	Held in the name of Hargrave Holdings Pty Ltd in which Mr Carson is a director and holds a beneficial interest.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$9,282.50

No. of securities held after change
100,000 Ordinary Fully Paid Shares	Colin John Carson
50,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March 2009 held in the name of Colin John Carson
125,000 Ordinary Fully Paid Shares	Held in the name of Cadden Nominees Pty Ltd in which Mr Carson is a director and holds a heneficial interest
25,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March 2009 held in the name of Cadden Nominees Pty 1.td in which Mr Carson is a director and holds a beneficial interest
796,423 Ordinary Fully Paid Shares	Held in the name of Hargrave Holdings Pty Ltd in which Mr Carson is a director and holds a beneficial interest
170,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March 2009 held in the name of Hargrave Holdings Pty Ltd in which Mr Carson is a director and holds a beneficial interest

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment olan. participation in buy-back	On-market purchases

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 2 – Change of director's interests in contracts