REACH RESOURCES LIMITED — Director's Dealing 2007

Oct 28, 2007

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 Cervantes Seafood Limited ABN 79 097 982 235

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director William McSharer Date of last notice 3 September 2004 Date that director ceased to be director 8 October 2007

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

• See chapter 19 for defined terms.

Appendix 3Z Page 1

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Appendix 3Z Final Director’s Interest Notice

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

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.

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

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	e case of a rus, s ncues neress n e rus mae avaae y e response eny of e rusame of holder & nature of interestte: Provide details of the circumstances giving rise torelevant interestcurities are held by Daylien Ptyd as trustee for the WB and JE Number & class of securities296,250 Fully Paid Ordinary Shares
Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interestSecurities are held by Daylien PtyLtd as trustee for the WB and JESuperannuation Fund.	ame of holder & nature of interestte: Provide details of the circumstances giving rise torelevant interestcurities are held by Daylien Ptyd as trustee for the WB and JE	Number & class of securities296,250 Fully Paid Ordinary Shares

Part 3 – Director’s interests in contracts

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)No. and class of securities towhich interest relates----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Z Page 2

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