STRIKE RESOURCES LIMITED — Director's Dealing 2007

Mar 8, 2007

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	16 February 2007

Part 1 - Change of director's relevant interests in securities

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

indirectNature٥finterestregistered(includingholder)Note: Provide details of the	(1)(2)	OEQ is a legal, beneficial and registered holder of securities in SRK;$QUE2$ is taken under section 608(3)(b) of the Corporations Act to have arelevant interest in SRK securities in which OEQ has a relevant interest byreason of having control of OEQ;
circumstances giving rise tothe relevant interest.	(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 inwhich QUE has a relevant interest by reason of having >20% voting power inQUE:
	(4)	Therefore, Faroog Khan has a relevant interest in the SRK securities held byOEQ.

$\ddot{\phantom{a}}$ Orion Equities Limited ABN 77 000 742 843 (OEQ) $\overline{2}$

Queste Communications Ltd ABN 58 081 688 164 (QUE)

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

	LISTED ORDINARY FULLY PAID SHARES
Direct or indirect interest		Direct	Indirect		Total
Nature of indirect interest(including registered holder)Note: Provide details of thecircumstances giving rise tothe relevant interest.	Held personally		Held by OEQ(refer above)		N/A
Date of change
No. of securities held prior tochange	353,340		2,380,996 held by OEQ		2,734,336
Number acquired				$\overline{a}$
	Sub-total	au.	Sub-total
Number disposed
Value
iConsideration		÷
Note: If consideration is non-		$\overline{\phantom{a}}$	÷
cash, provide details and
estimated valuation	Sub-total	٠	Sub-total
No. of securities held afterchange	353,340			2,380,996 held by OEQ	2,734,336
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunder dividend reinvestmentplan, participation in buy-back	N/A			N/A	N/A

Class		UNLISTED DIRECTORS OPTIONS(exercise price of 96 cents and expiring on 21 July 2011) $^{\rm 3}$
Direct or indirect interest	Direct	Indirect	Total
ofindirectNatureinterest(including registered holder)Note: Provide details of thecircumstances giving rise to therelevant interest.	Held personally	N/A	N/A
Date of change
No. of securities held prior tochange	1,400,000
Number acquired
Number disposed
ValueiConsiderationNote: If consideration is non-cash, provide details andestimated valuation
No. of securities heldafterchange	1,400,000
Nature of changeExample: on-market trade, off-exercisetrade,market.οfoptions, issue of securities underdividendreinvestment.plan,participation in buy-back	N/A	N/A	N/A

$\mathbf 3$

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

Class		UNLISTED DIRECTORS OPTIONS
	(exercise price of $2.81 and expiring on 7 March 2012) 4
Direct or indirect interest	Direct	Indirect	Total
ofindirectNatureinterest(including registered holder)Note: Provide details of thecircumstances giving rise to therelevant interest.	Held personally	N/A	N/A
Date of change	7 March 2007
No. of securities held prior tochange
Number acquired700,000
Number disposed
ValueiConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil
No. of securities held afterchange	700.000
Nature of changeExample: on-market trade, off-trade, exerciseਾਬੰmarket.options, issue of securities under-dividendreinvestmentplan,participation in buy-back	Issue of unlisted directors'options pursuant toshareholder approval on 6March 2007	N/A	N/A

Class	LISTED OPTIONS(with exercise price 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 thecircumstances giving rise tothe relevant interest.	Held personally		Held by OEQ(refer above)
Date of change
No. of securities held prior tochange	176,670		1,014,806 held by OEQ		1,191,476
Number acquired		۰		$\cdot$
	Sub-total	a.	Sub-total
Number disposed	None		None		None
Value		$\tilde{\phantom{a}}$
iConsideration	÷	$\tilde{\phantom{a}}$	÷
Note: If consideration is non-		$\tilde{\phantom{a}}$	÷
cash, provide details and		۰
estimated valuation	Sub-total	u,	Sub-total
No. of securities held afterchange	176,670		1,014,806 held by OEQ		1,191,476
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunder dividend reinvestmentplan, participation in buy-back	N/A		N/A		N/A

$\overline{4}$

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

Class	UNLISTED OPTIONS
	exercise price of 20 cents and expiring on 9 February 2011)
Direct or indirect interest	Direct	Indirect	Total
Nature۵findirectinterest(including registered holder)	N/A	Held by OEQ
Nota: Provide details of the		(refer above)
circumstances giving rise to the
relevant interest.
Date of change
No. of securities held prior tochange		1,833,333 Held byOrion	1,833,333
Number acquired
Number disposed
Value
iConsideration
Note: If consideration is non-
cash, provide details and
estimated valuation
No. of securities held afterchange		1,833,333 Held byOrion	1,833,333
Nature of change	N/A		N/A
Example: on-market trade, off-		N/A
market trade, exerciseοf
options, issue of securities under
dividendreinvestment.plan,
participation in buy-back

Class	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 thecircumstances giving rise tothe relevant interest.	N/A	Held by OEQ(refer above)
Date of change
No. of securities held prior tochange	$\overline{a}$	1,666,667 held by Orion	1,666,667
Number acquired	$\overline{r}$
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation
No. of securities held afterchange		1,666,667 held by Orion	1,666,667
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunder dividend reinvestmentplan, 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	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: x--------------

Date: 9 March 2007

Farooq Khan