STRIKE RESOURCES LIMITED — Director's Dealing 2007

Feb 15, 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)
IABN	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	7 November 2006

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

indirectNature٥finterestlincludingregisteredholder)Note: Provide details of thecircumstances giving rise tothe relevant interest.	(1)(2)(3)	OEQ 1 is a legal, beneficial and registered holder of securities in SRK;Hume 2 is a legal, beneficial and registered holder of securities in SRK;Hume is a wholly owned subsidiary of OEQ;
	(4)	$DEQ$ is taken under section $608(3)$ (b) of the Corporations Act to have arelevant interest in SRK securities in which Hume has a relevant interest byreason of having control of Hume;
	(5)	$QUE3$ 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;
	(6)	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:
	(7)	Therefore, Farooq Khan has a relevant interest in the SRK securities held byOEQ/Hume.

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

$\bar{2}$ Hume Mining NL ABN 52 063 994 945 (Hume), a wholly owned subsidiary of OEQ

$\mathfrak{Z}$ Queste Communications Limited 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		706,637 held by OEQ1,666,667 held by Hume(refer above)		N/A
Date of change			9 February 2007
No. of securities held prior tochange	353,340		2,373,304 comprising:706,637 held by(a)OEO.1,666,667 held by(b)Hume		2,726,644
Number acquired		$\cdot$		$\blacksquare$
	Sub-total	au	Sub-total
Number disposed		$\cdot$
Value		$\overline{\phantom{a}}$	÷
iConsideration		$\overline{ }$
Note: If consideration is non-	w.	$\overline{\phantom{a}}$
cash, provide details and		$\overline{\phantom{a}}$
estimated valuationNo. of securities held after	Sub-total	$\bullet$	Sub-total
change		353,340		2,373,304 held by OEQ	2,726,644
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunder dividend reinvestmentplan, participation in buy-back	N/A		Off-market fransfer of1,666,667 shares fromHume to parent entity,Orion		N/A

Class	UNLISTED DIRECTORS OPTIONS(exercise price of 96 cents and expiring on 21 July 2011) 4
Direct or indirect interest	Direct	Indirect	Total
Natureofindirectinterest(including registered holder)Note: Provide details of thecircumstances giving rise to therelevant interest.	Held personally	N/A	NA
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-σÊexercisemarkettrade.options, 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 31 May 2006

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		181,472 held by OEQ833,334 held by Hume(refer above)
Date of change			9 February 2007
No. of securities held prior tochange	166,670		1,014,806 comprising:(a) 181,472 held by OEQ		1,181,476
Number acquired				(b) 833,334 held by Hume
	Sub-total	ù.	Sub-total
Number disposed	None		None		None
Value		۰	۰	۰
iConsideration	۰	$\tilde{\phantom{a}}$	۰.
Note: If consideration is non-	$\overline{a}$	$\tilde{\phantom{a}}$
cash, provide details and		w,
estimated valuation	Sub-total	u,	Sub-total	٠
No. of securities held afterchange	166,670		1,014,806 held by OEQ		1,181,476
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunder dividend reinvestmentplan, participation in buy-back	N/A		Off-market transfer of833,334 options fromHume to parent entity,Orion		N/A

Class	UNLISTED HUME OPTIONSexercise price of 20 cents and expiring on 9 February 2011)
Direct or indirect interest	Direct	Indirect	Total
٥findirectNatureinterest(including registered holder)Note: Provide details of thecircumstances giving rise to therelevant interest	N/A	Held by Hume(refer above)
Date of change		9 February 2007
No. of securities held prior tochange		1,833,333 Held byHume	1,833,333
Number acquired		÷
Number disposed
ValueiConsiderationNote: If consideration is non-cash, provide details andestimated valuation
No. of securities heldafterchange		1,833,333 Held byOrion	1,833,333
Nature of changeExample: on-market trade, off-markettrade.exerciseσfoptions, issue of securitiesunder dividend reinvestmentplan, participation in buy-back	N/A	Off-market transfer of1,833,333 options fromHume to parent entity,Orion	N/A

Class	UNLISTED HUME 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 Hume(refer above)
Date of change		9 February 2007
No. of securities held prior tochange		1,666,667 Held by Hume	1,666,667
Number acquired
Number disposed
ValueiConsiderationNote: 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	Off-market transfer of1,666,667 options fromHume to parent entity,Orion	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 inrelation 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------------------------------------

Farooq Khan

Date: 16 February 2007