SUPERIOR RESOURCES LIMITED — Director's Dealing 2009

Mar 24, 2009

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	8/12/2008

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 No 2 Super Fund>
Date of change		20/3/2009 to 23/3/2009
No. of securities held prior to 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 No 2 Super Fund> 1,369,962 ordinary shares (“SPQ”) K J HARVEY & E A 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.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired		30,000
Number disposed		0
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$1950.00
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 No 2 Super Fund> 1,399,962 ordinary shares (“SPQ”) K J HARVEY & E A HARVEY No 2 Super Fund> 3,720,002 ordinary shares (escrowed until 12/11/2009)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities 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 relation to which the interest has changed Interest acquired

• See chapter 19 for defined terms.

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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

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