STRIKE RESOURCES LIMITED — Director's Dealing 2011

Feb 7, 2011

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	Shanker Madan
Date of last notice	26 November 2009
Date that director ceased to be director	03 February 2011

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
1,800,000	Unlisted Directors' Options (with exercise price of$0.938 and expiring on 20 July 2011)
950,000	Unlisted Directors' Options (with exercise price of$2.788 and expiring on 06 March 2012)
750,000	Unlisted Directors' Options (with exercise price of$2.500 and expiring on 24 November 2012)
750,000	Unlisted Directors' Options (with exercise price of$2.750 and expiring on 24 November 2012)
750,000,	Unlisted Directors' Options (with exercise price of$3.250 and expiring on 24 November 2012)
1,130,000	Unlisted Directors' Options (with exercise price of$3.978 and expiring on 2 December 2012)
496,343	Fully-paid, ordinary shares, (registered in the nameof Anupam & Shanker Madan)

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 giving rise to therelevant interest	Number & class of securities
No relevant interest held	N/A

+ 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	N/A
(if issued securities)
No. and class of securities to which interest relates	N/A

Dated 8 February 2011

+ See chapter 19 for defined terms.