SUPERIOR RESOURCES LIMITED — Director's Dealing 2008

Feb 21, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

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 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	6/2/2008

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(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.		K J HARVEY & E A HARVEY <HarveyNo 2 Super Fund>
Date of change		22/02/2008
No. of securities held prior to change		Direct10,000 ordinary shares (“SPQ”)4,000,000–30/06/2011options(unquoted) (escrowed until 12/11/2009)IndirectE A HARVEY 10,000 ordinary shares(“SPQ”)KJ Harvey & Associates P/L 10,000ordinary shares (“SPQ”)K J HARVEY & E A HARVEY <HarveyNo 2 Super Fund> 1,183,334 ordinaryshares (“SPQ”)K J HARVEY & E A HARVEY <HarveyNo 2 Super Fund> 3,720,002 ordinaryshares (escrowed until 12/11/2009)
Class		Ordinary fully paid shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number acquired	64,000
Number disposed	0
Value/Consideration	$9,060.00
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	Direct
	10,000 ordinary shares (“SPQ”)
	4,000,000–30/06/2011	options
	(unquoted) (escrowed until 12/11/2009)
	Indirect
	E A HARVEY 10,000 ordinary	shares
	(“SPQ”)
	KJ Harvey & Associates P/L	10,000
	ordinary shares (“SPQ”)
	K J HARVEY & E A HARVEY <Harvey
	No 2 Super Fund> 1,247,334 ordinary
	shares (“SPQ”)
	K J HARVEY & E A HARVEY <Harvey
	No 2 Super Fund> 3,720,002 ordinary
	shares (escrowed until 12/11/2009)
Nature of change	On-market trades
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

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 relation to which the interest has changed Interest acquired

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002