STRIKE RESOURCES LIMITED — Director's Dealing 2007

Dec 6, 2007

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	STRIKE RESOURCES LIMITED
ABN	94 088 488 724

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	JOHN FRANCIS STEPHENSON
Date of last notice	9 March 2007

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

Direct or indirect interest	Direct / Indirect	Direct	Direct		Direct
Nature of indirect interest(including registered holder)Note:Providedetailsofthecircumstances giving rise to therelevant interest.	Securities registered inthe name of JohnFrancis Stephenson &Susan MargaretFranklin <StephensonFranklin FMY A/C>	Not Applicable	Not Applicable		Not Applicable
		’	’		’
Class	Ordinary fully paidshares	Unlisted DirectorsOptions (withexercise price of$0.96 and expiringon 21 July 2011)1	Unlisted DirectorsOptions (withexercise price of$2.81 and expiring on7 March 2012)2		Unlisted DirectorsOptions (withexercise price of$4.00 and expiringon 3 December2012) 3
Date of change	-	-	-		3 December 2007
No. of securities held priorto change	198,000	800,000	350,000		-
Number acquired	2,000	-	-		500,000
Number disposed	-	-	-		-
Value/ConsiderationNote: If consideration is non-cash,provide details and estimatedvaluation	$4,120.00	-	-		Nil
No. of securities held afterchange	200,000	800,000	350,000		500,000
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividendreinvestment plan, participation inbuy-back	Acquisition on-market	-	-		Issue of unlisteddirectors’ optionspursuant toshareholderapproval on 30November 2007

• 1 Refer full option terms contained in Notice of General Meeting and Explanatory Statement dated 31 May 2006

• 2 Refer full option terms contained in Notice of General Meeting and Explanatory Statement dated 24 January 2007

3 Refer full option terms contained in Notice of General Meeting and Explanatory Statement dated 30 November 2007

STRIKE RESOURCES LIMITED A.B.N. 94 088 488 724

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Detail of contract	Not Applicable
Nature of interest	Not Applicable
Name of registered holder	Not Applicable
(if issued securities)
Date of change	Not Applicable
No. and class of securities to which	Not Applicable
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/Consideration	Not Applicable
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	Not Applicable

Signature of Director: �---------------------------------------------------------John Stephenson

Date: 5 December 2007

• See chapter 19 for defined terms. 30/9/2001

Appendix 3Y Page 2