PTR MINERALS LTD — Director's Dealing 2004

Jul 28, 2004

Rule 3.19A.1

ġ

Appendix 3X

Initial 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 2 - - - - - - - - - - - - - - - - - -	._THE R. P. LEWIS CO., LANSING, MICH.Petratherm Ltd----------------------------------
ABY	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,--------------------------------------------------------17 106 806 884

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Derek Northleigh Carter
Date of appointment	24 October 2003

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Options 1,200,000

Part $2$ – Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of	Number & class of Securities
interestNote: Provide details of the circumstances giving rise tothe relevant interest.	Ordinary Shares	Options
1] Derek Northleigh Carter and CarlsaJoyce Carter as Trustees for theCarter Family Trust	60,000	€
Minotaur Resources Investments21Pty Ltd (Director)	15,000,001	7,500,000

Part 3 - 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)
No. and class of securities towhich interest relates

+ See chapter 19 for defined terms.