PTR MINERALS LTD — Director's Dealing 2009

Jul 8, 2009

Appendix 3Y Change of Director’s Interest Notice

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	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	Mr Richard R Hillis
Date of last notice	24 April 2009

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		Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Richard and Belinda Hillis as trustees of the B. M. Hillis Family Trust
Date of change		3,6 & 9 July 2009
No. of securities held prior to change		Direct 273,975 Ordinary Fully Paid Shares 200,000 Unquoted Options exercisable at $0.97, expiring 25 June 2012 Indirect 20,000 Ordinary Fully Paid Shares
Class		Ordinary Fully Paid Shares
Number acquired
Number disposed		173,975
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$54,085.14 before brokerage (Average price per Share $0.3109)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct 100,000 Ordinary Fully Paid Shares 200,000 Unquoted Options exercisable at $0.97, expiring 25 June 2012 Indirect 20,000 Ordinary Fully Paid Shares Nature of change On market sale Example: on-market trade, off-market trade, exercise of options, issue of securities 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.

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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest after change
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002