STRIKE RESOURCES LIMITED — Major Shareholding Notification 2008

Aug 13, 2008

Form 604 Corporations Act 671B

Notice of change in interests of substantial holder

To: Company Name/Scheme: STRIKE RESOURCES LIMITED (SRK)

ABN [94 088 488 724]

1. Details of substantial holder[(1)]

name DATA BASE SYSTEMS LIMITED (DBS) AMBREEN CHAUDHRI ACN/ARSN (if applicable) (incorporated under the laws of Malaysia). There was a change in the interests of the substantial holder on 11 August 2008 11 August 2008 The previous notice was given to the company on 29 July 2008 29 July 2008 The previous notice was dated 29 July 2008 29 July 2008

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate[(2)] had a relevant interest[(3)] in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities(4) Previous notice Person's votes Voting power(5) Ordinary Shares 9,377,090 7.78% Based on SRK total issued share capital of (shares) 120,534,268 Please note the following share capital changes within SRK since the last notice: Date Description No. Shares 11/08/2008 7,750,000 shares issued by SRK to Orion Equities Limited (OEQ) as consideration for the sale of all of the shares in Orion Indo Operations Pty Ltd held by OEQ to SRK, pursuant to a share sale deed dated 10 August 2008. 7,750,000 11/08/2008 1,750,000 shares issued by SRK to OEQ as consideration for the sale of all of the shares in Central Exchange Mining Ltd (name and status change to Orion Australian Operations Pty Ltd pending ASIC confirmation) held by OEQ to SRK, pursuant to a share sale deed dated 10 August 2008. 1,750,000 TOTAL 9,500,000	Class of securities(4)	Previous notice	Previous notice	Present notice	Present notice
		Person's votes	Voting power(5)	Person's Voting power(5)	Voting power(5)
	Ordinary Shares	9,377,090	7.78%	9,377,090	7.21%
	Based on SRK total issued share capital of (shares)	120,534,268		130,034,268

FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

STRIKE RESOURCES LIMITED ABN 94 088 488 724

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change(7)	Class and number of securities affected	Person's votes affected
				Ordinary Shares
N/A	N/A	N/A	N/A	N/A	N/A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest(6)	Class and number of securities	Person's votes
				Ordinary Shares
DBS	DBS	DBS	Legaland beneficial holderofshares	9,377,090	9,377,090
Ambreen Chaudhri	DBS	DBS	Ambreen Chaudhri is taken under section 608(3)(b) of the Corporations Act to have a relevant interest in securities in which DBS has a relevant interest (by reason of AmbreenChaudhri having controlof DBS).	9,377,090	9,377,090

5. Changes in association

The persons who have become associates[(2)] of, ceased to be associates of, or have change the nature of their association[(9)] with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (ifapplicable)	**Nature of association **
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

	Name	Name		Address	Address
	AmbreenChaudhri			175ASarwar Road,Rawalpindi PAKISTAN
	DBS			HouseNo. 103, Street 59,F-10/3,Islamabad,PAKISTAN
Signature print name sign here print name sign here			AzharChaudhri	capacity date	Directorof DBS 13 August 2008 Individual 13 August 2008
		print name sign here	AmbreenChaudhri	capacity date

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FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

STRIKE RESOURCES LIMITED ABN 94 088 488 724

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

(2) See the definition of "associate" in section 9 of the Corporations Act.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.

(4) The voting shares of a company constitute one class unless divided into separate classes.

(5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

(a) any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act.

(7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(8) If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write "unknown".

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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