PERSEUS MINING LIMITED — Director's Dealing 2005

May 3, 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	12 APRIL 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 therelevant interest.
Date of change	28/04/05 and 02/05/05
No. of securities held prior to change	Held in the name of
80,000 Ordinary Fully Paid Shares	Colin John Carson
40,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March2009 held in the name of Colin John Carson
100,000 Ordinary Fully Paid Shares	Held in the name of Cadden Nominees Pty Ltd inwhich Mr Carson is a director and holds abeneficial interest
25,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March2009 held in the name of Cadden Nominees PtyLtd in which Mr Carson is a director and holds abeneficial interest

No. of securities held prior to change	Held in the name of
440,000 Ordinary Fully Paid Shares	Held in the name of Hargrave Holdings Pty Ltdin which Mr Carson is a director and holds abeneficial interest
5,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March2009 held in the name of Hargrave Holdings PtyLtd in which Mr Carson is a director and holds abeneficial interest
Class	Ordinary fully paid shares and listed options
Number acquired
190,000 Ordinary Fully Paid Shares	Held in the name of Hargrave Holdings Pty Ltd inwhich Mr Carson is a director and holds aheneficial interest
165,000 Options (Listed PRUO)	Listed Options (PRUO) expiring 31 March 2009held in the name of Hargrave Holdings Pty Ltd inwhich Mr Carson is a director and holds abeneficial interest.
25,000 Ordinary Fully Paid Shares	Held in the name of Cadden Nominees Pty Ltd inwhich Mr Carson is a director and holds abeneficial interest.
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Shares - $37,322.55Options - $8,340.75

No. of securities held after change
80,000 Ordinary Fully Paid Shares	Colin John Carson
40,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March2009 held in the name of Colin John Carson
125,000 Ordinary Fully Paid Shares	Held in the name of Cadden Nominees Pty Ltd inwhich Mr Carson is a director and holds aheneficial interest
25,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March2009 held in the name of Cadden Nominees PtyLtd in which Mr Carson is a director and holds abeneficial interest

630,000 Ordinary Fully Paid Shares	Held in the name of Hargrave Holdings Pty Ltdin which Mr Carson is a director and holds abeneficial interest
170,000 Listed Options (PRUO)	Exercisable at 20 cents on or before 31 March2009 held in the name of Hargrave Holdings PtyLtd in which Mr Carson is a director and holds abeneficial interest
Nature of changeExample: on-market trade, off-market trade, exercise of options,	On-market purchases

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

Part 2 - Change of director's interests in contracts

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 interestrelated prior to changeNote: Details are only required for a contract in relation to whichthe interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

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	REGINALD NORMAN GILLARD
Date of last notice	24 SEPTEMBER 2004

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 inferest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest
Date of change	28/04/2005
No. of securities held prior to change	Held in the name of
10,000 ordinary fully paid shares	Reginald Norman Gillard
5,000 options	Listed options (PRUO) exercisable at 20cents on or before 31 March, 2009 held in thename of Reginald Norman Gillard.
45,000 ordinary fully paid shares	Held in the name of Amalgamation Sale $&$Takeover Consultants Pty Ltd in which MrGillard is a director and holds a beneficialinterest.
$22,500$ options	Listed options (PRUO) exercisable at 20cents on or before 31 March 2009 held in thename of Amalgamation Sale and TakeoverConsultants Pty Ltd in which Mr Gillard is adirector and holds a beneficial interest.

No. of securities held prior to change (cont.)	Held in the name of
10,000 ordinary fully paid shares	Held in the name of Economist Holdings PtyLtd in which Mr Gillard is a director andholds a beneficial interest.
5,000 options	Listed options (PRUO) exercisable at 20cents on or before 31 March 2009 held in thename of Economist Holdings Pty Ltd inwhich Mr Gillard is a director and holds abeneficial interest.
75,000 ordinary fully paid shares	Held in the name of Balcatta Boys Pty Ltd inwhich Mr Gillard is a director and holds abeneficial interest.
$37,500$ options	Listed options (PRUO) exercisable at 20cents on or before 31 March 2009 held in thename of Balcatta Boys Pty Ltd in which MrGillard is a director and holds a beneficialinterest.

Class	Ordinary fully paid shares
Number acquired
70,000 Ordinary Fully Paid Shares	Held in the name of Amalgamation Sale $&$Takeover Consultants Pty Ltd in which MrGillard is a director and holds a beneficialinterest.
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$12,384.75

No. of securities held after change
10,000 ordinary fully paid shares	Reginald Norman Gillard
5,000 options	Listed options (PRUO) exercisable at 20cents on or before 31 March, 2009 held in thename of Reginald Norman Gillard.
115,000 ordinary fully paid shares	Held in the name of Amalgamation Sale $&$Takeover Consultants Pty Ltd in which MrGillard is a director and holds a beneficialinterest.
No. of securities held after change (Cont.)

$22,500$ options	Listed options (PRUO) exercisable at 20cents on or before 31 March 2009 held in thename of Amalgamation Sale and TakeoverConsultants Pty Ltd in which Mr Gillard is adirector and holds a beneficial interest.
10,000 ordinary fully paid shares	Held in the name of Economist Holdings PtyLtd in which Mr Gillard is a director andholds a beneficial interest.
5,000 options	Listed options (PRUO) exercisable at 20cents on or before 31 March 2009 held in thename of Economist Holdings Pty Ltd inwhich Mr Gillard is a director and holds abeneficial interest.
75,000 ordinary fully paid shares	Held in the name of Balcatta Boys Pty Ltd inwhich Mr Gillard is a director and holds abeneficial interest.
$37,500$ options	Listed options (PRUO) exercisable at 20cents on or before 31 March 2009 held in thename of Balcatta Boys Pty Ltd in which MrGillard is a director and holds a beneficialinterest.

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

Part 2 - Change of director's interests in contracts

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 interestrelated prior to changeNote: Details are only required for a contract in relation to whichthe interest has changed	N/A
Interest acquired	N/A

Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A