REACH RESOURCES LIMITED — Director's Dealing 2010

Dec 16, 2010

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 CERVANTES CORPORATION LTD

ABN 97 097 982 235

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	COLLIN VOST
Date of last notice	16 January 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	Indirect Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held by New York Holdings Pty Ltd (A company which Collin Vost is a director and shareholder) Shares held by New York Holdings Pty Ltd ATF the CV Superannuation Fund (A fund which Collin Vost is a beneficiary) Shares and options held by Zurich Securities Pty Ltd (A company which Collin Vost is a director and shareholder)
Date of change	2 December 2010
No. of securities held prior to change	a)770,000 Ordinary Shares held by New York Holdings Pty Ltd b)29,850,000 Ordinary Share held by New York Holdings Pty Ltd ATF the CV Superannuation Fund

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	c) Ordinary Shares d) Options exercisable at 3c on or before 31/12/2013
Number acquired	3,500,000 ordinary shares 5,000,000 options
Number expired
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	c) Issue pursuant to resolution passed by shareholders at annual general meeting. Estimated value $42,000 d) Issue pursuant to resolution passed by shareholders at annual general meeting. Estimated value $23,282
No. of securities held after change	a) 770,000 Ordinary Shares held by New York Holdings Pty Ltd b) 29,850,000 Ordinary Share held by New York Holdings Pty Ltd ATF the CV Superannuation Fund c) 3,500,000 Ordinary Shares held by Zurich Securities Pty Ltd d) 5,000,000 Options held by Zurich Securities Pty Ltd exercisable at 3c on or before 31/12/2013
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestmentplan, participation in buy-back	Issue pursuant to resolutions passed by shareholders at annual general meeting

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 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

• See chapter 19 for defined terms.

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11/3/2002