SUPERIOR RESOURCES LIMITED — Director's Dealing 2008

Dec 7, 2008

Appendix 3Y

Rule 3.19A.2

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	SUPERIOR RESOURCES LIMITED
ABN	72 112 844 407

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	KENNETH JAMES HARVEY
Date of last notice	27/02/2008

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

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.

Direct or indirect interest	INDIRECT
Nature of indirect interest	K J HARVEY & E A HARVEY <harvey< th=""></harvey<>
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	No 2 Super Fund>
Date of change	5/12/2008
No. of securities held prior to change	Direct
	10,000 ordinary shares ("SPQ")
	4,000,000–30/06/2011options
	(unquoted) (escrowed until 12/11/2009)
	Indirect
	E A HARVEY10,000 ordinary shares("SPQ")
	KJ Harvey & Associates P/L10,000ordinary shares ("SPQ")
	K J HARVEY & E A HARVEY <harvey< th=""></harvey<>
	No 2 Super Fund> 1,269,962 ordinary
	shares ("SPQ")
	K J HARVEY & E A HARVEY <harvey< th=""></harvey<>
	No 2 Super Fund>3,720,002 ordinary
	shares (escrowed until 12/11/2009)
Class	Ordinary fully paid shares

+ See chapter 19 for defined terms.

Number acquired	100,000
Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$5000.00
No. of securities held after change	Direct10,000 ordinary shares ("SPQ")4,000,000–30/06/2011options(unquoted) (escrowed until 12/11/2009)IndirectE A HARVEY10,000 ordinaryshares("SPQ")KJ Harvey & Associates P/L 10,000ordinary shares ("SPQ")K J HARVEY & E A HARVEY <harveyNo 2 Super Fund> 1,369,962 ordinaryshares ("SPQ")K J HARVEY & E A HARVEY <harveyNo 2 Super Fund>3,720,002 ordinaryshares (escrowed until 12/11/2009)</harvey</harvey
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market trades

Part 2 – Change of director's interests in contracts

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.

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in relationto which the interest has changed
Interest acquired

+ See chapter 19 for defined terms.

Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

+ See chapter 19 for defined terms.