SKY METALS LIMITED — Director's Dealing 2004

Mar 11, 2004

12 March 2004

The Manager Companies Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

(13 pages by e-mail)

Dear Madam

RE: INITIAL DIRECTORS' INTERESTS

In accordance with Listing Rule 3.19A, I attach Appendix 3X, Initial Director's Interest Notices.

The following table summarises the total beneficial holdings including those shares restricted from trading for each Director.

Director	Beneficial Interest in Fully Paid	Total Beneficial Interest where
	Ordinary Shares	Trading Restrictions Apply
N A Seckold	23,250,003	23,250,003
A J McClure	3,000,000	3,000,000
A J McDonald	3,000,000	3,000,000
P J Nightingale	3,625,001	3,375,001
B F Riederer	4,000,000	4,000,000
N J Zillman	4,000,000	4,000,000

For each Director the restricted fully paid ordinary shares are restricted from trading for a period of two years from listing.

Yours sincerely

Peter J. Nightingale Company Secretary

pin2498

Appendix 3X

Initial 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 Planet Gas Limited
ABN	46 098 952 035

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Norman Alfred Seckold
Date of appointment	⊿™ December 2001

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

1 fully paid ordinary share

⁺ See chapter 19 for defined terms.

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

of holder & nature of Name	Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.
Altinova Nominees Pty Ltd	23,250,001 fully paid ordinary shares
Permgold Pty Limited	1 fully paid ordinary share

Part 3 - Director's interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.

Appendix 3X

Initial 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	Planet Gas Limited
ABN	46 098 952 035

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony John McClure
Date of appointment	$27th$ August 2003

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

3,000,000 fully paid ordinary shares

⁺ See chapter 19 for defined terms.

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

Name of holder & nature of Number & class of Securities
interest
Note: Provide details of the circumstances giving rise to the relevant interest.
N/A

Part 3 – Director's interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.

Appendix 3X

Initial 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	Planet Gas Limited
ABN	46 098 952 035

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony John McDonald
Date of appointment	$19th$ November 2003

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

Nil

⁺ See chapter 19 for defined terms.

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

of holder & nature Name	of Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the refevant interest.
Trio Investments Pty Ltd	3,000,000 fully paid ordinary shares

Part 3 – Director's interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.

Appendix 3X

Initial 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	Planet Gas Limited
ABN	46 098 952 035

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter James Nightingale
Date of appointment	$4th$ December 2001

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

1 fully paid ordinary share

⁺ See chapter 19 for defined terms.

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

Name of holder & nature -of	Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.
Rosignol Pty Limited	3,625,000 fully paid ordinary shares

Part 3 - Director's interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.

Appendix 3X

Initial 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	Planet Gas Limited
ABN	46 098 952 035

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Bruce Fullerton Riederer
Date of appointment	$10th$ September 2003

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

4,000,000 fully paid ordinary shares

⁺ See chapter 19 for defined terms.

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

Name of holder $\&$ nature of Number $\&$ class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest.
N/A

Part 3 – Director's interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.

Appendix 3X

Initial 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	Planet Gas Limited
ABN	46 098 952 035

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Norman Joseph Zillman
Date of appointment	$20th$ August 2002

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

Nil

$\overline{\text{+}$ See chapter 19 for defined terms.

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

Name of holder & nature	of Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.
Nitroshire Pty Limited	4,000,000 fully paid ordinary shares

Part 3 – Director's interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.