PTR MINERALS LTD — Director's Dealing 2006

Jan 22, 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	17 106 806 884

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	**************************************4 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	18 January 2006, 20 January 2006 and
	23 January 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)$15,000,001UnquotedOrdinary
	Fully Paid shares.
	7,500,000UnquotedOptions
	exercisable at $0.20 expiring
	24 March 2009.
	$(b)$ (ii)300,000OrdinaryFullyPaid
	Shares.
Class	Ordinary Shares

+ See chapter 19 for defined terms.

ģ.

Number acquired	18 January 2006 - 31,371
	20 January 2006 - 2,000
	23 January 2006 - 16,629
Number disposed
Value/Consideration	18 January 2006
Note: If consideration is non-cash, provide details and estimated valuation	$0.317 per share ($9,954.20)
	20 January 2006
	$0.324 per share ($647.04)
	23 January 2006
	$0.334 per share (5,546.52)
No. of securities held after change	Direct
	(a) 20,000 Ordinary Fully Paid Shares.
	500,000 Unquoted Options exercisable at
	$0.20, expiring on 4 April 2009.
	Indirect
	UnquotedOrdinary$(b)$ (i)15,000,001
	Fully Paid shares.
	7,500,000 UnquotedOptions
	exercisable at $0.20 expiring
	24 March 2009.
	350,000$(b)$ (ii)OrdinaryFullyPaid
	Shares.
Nature of change	On-market trade.
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back

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	. A subsequence as formal common them the month of the cost that it that the

÷

$\frac{1}{2}$

+ See chapter 19 for defined terms.

No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto 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

$\bar{z}$

ł,

$\frac{1}{2}$

+ See chapter 19 for defined terms.