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
In the company of the company of the second property of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of ABN	..TOTAL CARD IS A MAIN COMPANY$106,806,884$ŦЛ

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	Derek Carter
Date of last notice	--------------------------------------29 July 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

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(Director)
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevantinterest.	(ii) Carter Family Trust (Trustee)
Date of change	8 February 2006
No. of securities held prior to change	Direct
	(a) 1,200,000 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.
	(b) $(ii)$60,000OrdinaryPaid
	FullyShares.
Class	Ordinary Shares
Number acquired(b) (i) $2,500,000$

+ See chapter 19 for defined terms.

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) 1,200,000 Unquoted Options exercisableat $$0.20$ , expiring on 4 April 2009.Indirect17,500,001UnquotedOrdinary$(b)$ $(i)$Fully Paid shares.5,000,000UnquotedOptionsexercisable at $0.20 expiring24 March 2009.
	$(b)$ (ii)60,000 Ordinary Fully Paid Shares
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 is 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 tochange
Note: Details are only required for a contract in relation.to which the interest has changed
Interest acquired

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+ See chapter 19 for defined terms.

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

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+ See chapter 19 for defined terms.