PERSEUS MINING LIMITED — Director's Dealing 2008

Jul 30, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

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	18/12/2007

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	10/07/2008
No. of securities held prior to change	Held in the name of
50,000 Ordinary fully paid shares	Held in the name of Rhett & Monica Diwi BransATFtheR&MD Brans Super Fund.
25,000 Options	Listed options (PRUO) exercisable at 20 centseach on or before 31 March 2009 held in thename of Rhett & Monica Diwi Brans ATF the R&MD Brans Super Fund.
400,000 Options	Unlisted options exercisable at 20 cents each onor before 31 March 2009 held in the name ofRhett Boudewyn Brans.
400,000 Options	Unlisted options exercisable at $1.50 each on orbefore 31 July 2010 held in the name of RhettBoudewyn Brans.

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Appendix 3Y Change of Director’s Interest Notice

Class
Number acquired	No change to actual holding – see Part 2below
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation
No. of securities held after change
50,000 Ordinary fully paid shares	Held in the name of 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.
400,000 Options	Unlisted options exercisable at $1.50 each onor before 31 July 2010 held in the name ofRhett Boudewyn Brans.
Nature of changeExample: 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	Subject to shareholder approval at theCompany’s annual general meeting, MrBrans will be issued with 600,000 options(exercisable at $1.50 each, with an expirydate of 31 July 2010) as part of hisengagement in an executive role with theCompany.
Nature of interest	N/A

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Appendix 3Y Change of Director’s Interest Notice

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	Agreement to acquire 600,000 options.
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	Nil. As part of executive remunerationterms.
Interest after change	Agreement to acquire 600,000 options.

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