PTR MINERALS LTD — Director's Dealing 2006

Feb 7, 2006

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	---------------------------------------PETRATHERM LTD.
ABN	___106 806 884

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	Richard Martin Bonython
Date of last notice	23 January 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	(a) Direct(b) Indirect
Nature of indirect interest	(i) Minotaur Resources Investment Pty Ltd
(including registered holder)	(Director)
Note: Provide details of the circumstances giving rise to the relevantinterest.	(ii) Dorica Nominees Pty Ltd (Director)
Date of change	8 February 2006
No. of securities held prior to change	Direct
	(a) 20,000 Ordinary Fully Paid Shares.
	500,000 Unquoted Options exercisable at
	$0.20, expiring on 4 April 2009.
	Indirect
	$(b)$ (i)15,000,001 UnquotedOrdinary
	Fully Paid shares.
	7,500,000 UnquotedOptions
	exercisable at $0.20 expiring
	24 March 2009.
	350,000Ordinary$(b)$ (ii)Fully.Paid
	Shares.
Class	Ordinary Shares

+ See chapter 19 for defined terms.

$\frac{1}{2} \rho_f$

Number acquired	(b) (i) $2,500,000$
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	20 cents per share ($0.20)
No. of securities held after change	Direct(a) 20,000 Ordinary Fully Paid Shares.500,000 Unquoted Options exercisable at$0.20, expiring on 4 April 2009.Indirect$(b)$ $(i)$17,500,001OrdinaryUnquotedFully Paid shares.5,000,000UnquotedOptions
	exercisable at $0.20 expiring24 March 2009.$(b)$ (ii)350,000OrdinaryFullyPaidShares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Exercise of options.

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed

$\hat{\mathcal{A}}$

Contact

ł

$\tilde{\mathbb{R}}^*$

+ See chapter 19 for defined terms.

Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

$\mathcal{L}_{\mathcal{A}}$

g.

+ See chapter 19 for defined terms.