PLATINA RESOURCES LIMITED — Director's Dealing 2007

May 23, 2007

Rule 3.19A.2

Appendix 3Y Change of Director's Interest Notice

Correction of Appendix 3Y lodged on 18 May 2007. Corrections noted in red text.

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	Platina Resources Limited
ABN	25 119 007 939

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	John Ferguson
l Date of last notice i	25 October 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

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Spar Resources Pty Ltd Superannuation Benefits Funds
Date of change	12 April 2007
No. of securities held prior to change	50,000 PGM (Ordinary) 250,000 Options (\$0.25 $@$ 30/06/10)
Class	Options (\$0.32 @ 30/06/10)
Number acquired	1,000,000
Number disposed	Nil
Value/Consideration Note: if consideration is non-cash, provide details and estimated valuation	Nil - director remuneration
No. of securities held after change	50,000 PGM (Ordinary) 250,000 Options (\$0.25 @ 30/06/10) 1,000,000 Options (\$0.32 @ 30/06/10)

⁺ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buv-back	Issue of options, as approved by shareholders at the EGM held on 12 April -2007.

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"
should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation.
Interest after change

DP Cornish Company Secretary 24 May 2007

⁺ See chapter 19 for defined terms.