STRIKE RESOURCES LIMITED — Director's Dealing 2010

Feb 24, 2010

Rule 3.19A.3

Appendix 3Z

Final 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.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Dr John Francis Stephenson
Date of last notice	5 December 2007
Date that director ceased to be director	20 February 2010

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 and class of securities held

Number of securities	Class of securities
200,000	Fully-paid, ordinary shares, (registered in thejoint name of John Francis Stephenson &Susan Margaret Franklin)
800,000	Unlisted Directors' Options (with an exerciseprice of $0.938 and expiring on 20 July 2011)1
350,000	Unlisted Directors' Options (with an exerciseprice of $2.788 and expiring on 6 March 2012)2
500,000	Unlisted Directors' Options (with an exerciseprice of $3.978 and expiring on 2 December2012)3

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

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 interestNote: Provide details of the circumstances givingrise to the relevant interest	Number & class of securities
No relevant interest held

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

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

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

+ See chapter 19 for defined terms.

Part 3 – Director's interests in contracts

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

Dated 25 February 2010

+ See chapter 19 for defined terms.