PERSEUS MINING LIMITED — Director's Dealing 2007

Dec 3, 2007

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	RHETT BOUDEWYN BRANS
Date of last notice	30 May 2006

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	15 – 27 November 2007
No. of securities held prior to change	Held in the name of
50,000 Ordinary fully paid shares	Held in the nameof Rhett & Monica DiwiBrans ATF the R & MD Brans Super Fund.
100,000 Ordinary fully paid shares	Held in the nameof Proman ConsultingEngineers Pty Ltd, a companyin which MrBrans is a director and holds an interest.
25,000 Options	Listed options (PRUO) exercisable at 20cents each on or before 31 March 2009 heldin the name of Rhett & Monica Diwi BransATF the R & MD Brans Super Fund.
400,000 Options	Options exercisable at 20 cents each on orbefore 31 March 2009 held in the name ofRhett Boudewyn Brans.

Class	Fully paid shares
Number acquired
Number disposed	100,000 Ordinary fully paid shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$150,600
No. of securities held after change
50,000 Ordinary fully paid shares	Held in the nameof Rhett & Monica DiwiBrans ATF the R & MD Brans Super Fund.
25,000 Options	Listed options (PRUO) exercisable at 20cents each on or before 31 March 2009 heldin the name of Rhett & Monica Diwi BransATF the R & MD Brans Super Fund.
400,000 Options	Unlisted options exercisable at 20 cents eachon or before 31 March 2009 held in the nameof Rhett Boudewyn Brans.

Nature of change	On market sale.
Example: on-market trade, off-market trade, exercise of options,
issueofsecuritiesunderdividendreinvestmentplan,
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