STRIKE RESOURCES LIMITED — Director's Dealing 2007

Aug 23, 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 (SRK)
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 **	FAROOQ KHAN
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

	Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(1) OEQ 1is a legal, beneficial and registered holder of securities in SRK; (2) QUE 2is taken under section 608(3)(b) of the Corporations Act to have a relevant interest in SRK securities in which OEQ has a relevant interest by reason of having control of OEQ; (3) Farooq Khan (and associated companies) are taken under section 608(3)(a) of the Corporations Act to have a relevant interest in the SRK securities in which QUE has a relevant interest by reason of having >20% voting power in QUE; (4) Therefore, Farooq Khan has a relevant interest in the SRK securities held by OEQ.

Class	LISTED ORDINARY FULLY PAID SHARES	LISTED ORDINARY FULLY PAID SHARES	LISTED ORDINARY FULLY PAID SHARES	LISTED ORDINARY FULLY PAID SHARES	LISTED ORDINARY FULLY PAID SHARES
Direct or indirect interest	Direct		Indirect		**Total **
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Held personally		Held by OEQ (refer above)		N/A
Date of change	-		Referbelow		-
No. of securities held prior to change	353,340		2,380,996 held by OEQ		2,734,336
Number acquired	-	-	06/08/07	724	-
			07/08/07	9,276
			21/08/07	79,779
			22/08/07	5,221
	**Sub-total **	--	**Sub-total **	95,000	-
Number disposed	-		-		-
Value /Consideration Note: If consideration is non- cash, provide details and estimated valuation	-	-	06/08/07	$1,547.00
	-	-	07/08/07	$18,563.00
	-	-	21/08/07	$122,206.63
	-	-	22/08/07	$8,609.53
	**Sub-total **	-	**Sub-total **	$150,926.16	-
No. of securities held after change	353,340		2,475,996 held by OEQ		2,829,336
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A		On-market purchases by OEQ		N/A

1 Orion Equities Limited ABN 77 000 742 843 ( OEQ ) 2

Queste Communications Ltd ABN 58 081 688 164 ( QUE )

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

Appendix 3Y Change of Director’s Interest Notice

Class	(with exercise price	(with exercise price	LISTED OPTIONS of 20 cents and expiring on 30 June 2008)	LISTED OPTIONS of 20 cents and expiring on 30 June 2008)	LISTED OPTIONS of 20 cents and expiring on 30 June 2008)
Direct or indirect interest	Direct		Indirect		**Total **
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Held personally		Held by OEQ (refer above)
Date of change	-		-		-
No. of securities held prior to change	176,670		1,014,806 held by OEQ		1,191,476
Number acquired	-	-	-	-	-
	**Sub-total **	-	**Sub-total **	-	-
Number disposed	None		None		None
Value /Consideration Note: If consideration is non- cash, provide details and estimated valuation	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	**Sub-total **	-	**Sub-total **	-	-
No. of securities held after change	176,670		1,014,806 held by OEQ		1,191,476
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A		N/A		N/A

Class	UNLISTED DIRECTORS OPTIONS (exercise price of 96 cents and expiring on 21July 2011) 3	UNLISTED DIRECTORS OPTIONS (exercise price of 96 cents and expiring on 21July 2011) 3	UNLISTED DIRECTORS OPTIONS (exercise price of 96 cents and expiring on 21July 2011) 3
Direct or indirect interest	Direct	Indirect	**Total **
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances givingrise to the relevant interest.	Held personally	N/A	N/A
Date of change	-	-	-
No. of securities held prior to change	1,400,000	-	-
Number acquired	-	-	-
Number disposed	-	-	-
Value /Consideration Note: If consideration is non- cash, provide details and estimated valuation	-	-	-
No. of securities held after change	1,400,000	-	-
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A	N/A	N/A

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

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

Appendix 3Y Page 2

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

Appendix 3Y Change of Director’s Interest Notice

Class	UNLISTED DIRECTORS OPTIONS (exercise price of $2.81 and expiring on 7 March 2012)4	UNLISTED DIRECTORS OPTIONS (exercise price of $2.81 and expiring on 7 March 2012)4	UNLISTED DIRECTORS OPTIONS (exercise price of $2.81 and expiring on 7 March 2012)4
Direct or indirect interest	Direct	Indirect	**Total **
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances givingrise to the relevant interest.	Held personally	N/A	N/A
Date of change	-	-	-
No. of securities held prior to change	700,000	-	-
Number acquired	-	-	-
Number disposed	-	-	-
Value /Consideration Note: If consideration is non- cash, provide details and estimated valuation	-	-	-
No. of securities held after change	700,000	-	-
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A	N/A	N/A

Class	UNLISTED OPTIONS ( exercise price of 20 cents and expiring on 9 February 2011)	UNLISTED OPTIONS ( exercise price of 20 cents and expiring on 9 February 2011)	UNLISTED OPTIONS ( exercise price of 20 cents and expiring on 9 February 2011)
Direct or indirect interest	Direct	Indirect	**Total **
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances givingrise to the relevant interest.	N/A	Held by OEQ (refer above)
Date of change	-	-	-
No. of securities held prior to change	-	1,833,333 Held by Orion	1,833,333
Number acquired	-	-	-
Number disposed	-	-	-
Value /Consideration Note: If consideration is non- cash, provide details and estimated valuation	-	-	-
No. of securities held after change	-	1,833,333 Held by Orion	1,833,333
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A	N/A	N/A

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

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

Appendix 3Y Page 3

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

Appendix 3Y Change of Director’s Interest Notice

Class	UNLISTED OPTIONS (exercise price of 30 cents and expiring on 9 February 2011)	UNLISTED OPTIONS (exercise price of 30 cents and expiring on 9 February 2011)	UNLISTED OPTIONS (exercise price of 30 cents and expiring on 9 February 2011)
Direct or indirect interest	Direct	Indirect	**Total **
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A	Held by OEQ (refer above)
Date of change	-	-	-
No. of securities held prior to change	-	1,666,667 held by Orion	1,666,667
Number acquired	-	-	-
Number disposed	-	-	-
Value /Consideration Note: If consideration is non- cash, provide details and estimated valuation	-	-	-
No. of securities held after change	-	1,666,667 held by Orion	1,666,667
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A	N/A	N/A

Part 2 – Change of director’s interests in contracts

Detail of contract	Not Applicable
Nature of interest	Not Applicable
Name of registered holder (if issued securities)	Not Applicable
Date of change	Not Applicable
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	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not Applicable
Interest after change	Not Applicable

Signature of Director: �---------------------------------------------------------Date: 23 August 2007 Farooq Khan

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

Appendix 3Y Page 4