PRODIGY GOLD NL — Director's Dealing 2005

Jul 24, 2005

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 Tantalum Australia NL
ABN 58 009 127 020

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	Timothy King
Date of last notice	3 August 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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Beneficial owner of shares in Rexfam Trading Pty Ltd, Janny Pty Ltd and Lloyd Price Carnarvon Pty Ltd (LPCPL), which are the registered holders of the ordinary fully paid shares (OFPS). J.A. King is spouse of T.J. King. C.C. King, M.A. King and O.J. King are children of T.J. King
Date of change	15 July 2005
No. of securities held prior to change	7,007,556
Class	Fully paid ordinary shares
Number acquired	29,246,602
Number disposed	0
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$438,699.03

⁺ See chapter 19 for defined terms.

No. of securities held after change	Rexfam Trading PL	2,782,288
	T.J. King	12,479,574
	Rexfam Consulting Pty Ltd	18,881,667
	J.A. King	186,563
	Janny Pty Ltd	1,870,001
	C.C. King	3,300
	M.A. King	3,300
	O.J. King	3,300
	Cliff Enterprises Pty Ltd	44,165
	TOTAL OFPS	36,254,158
	T.J.King – 30c options: $-31/12/05$ 150,000
Nature of change
Example: on-market trade, off-market trade, exercise of options,	Rights issue entitlements taken up;
issue of securities under dividend reinvestment plan, participation in buy-back	Shortfall pursuant to Underwriting of Rights
	Issue.

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change	No change of interests in contracts.
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.	Consideration includes: Loans capitalised \$250,000 Consulting fees capitalised $(inel GST)$ \$31,350 Interest capitalised 1,875
Interest after change

$+$ See chapter 19 for defined terms.