SUPERIOR RESOURCES LIMITED — Director's Dealing 2011

Jun 30, 2011

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	DAVID JOHN HORTON
Date of last notice	14/11/2007

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		DIRECT
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		DAVID JOHN HORTON
Date of change		30/06/2011
No. of securities held prior to change		Direct 20,000 Ordinary fully paid shares 2,000,000 30/06/2011 options (unquoted) Indirect David John HORTON & Rosalind Denise HORTON (joint holder) 1,575,000 Ordinary shares Horton Family Super Pty Ltd Super\ fund> (member) 1,075,000 Ordinary shares Horton Geoscience Consultants Pty Ltd (director & shareholder) 25,000 Ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Class		Unlisted options
Number acquired		0
Number disposed		2,000,000 options expired
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$0
No. of securities held after change		Direct 20,000 Ordinary fully paid shares Indirect David John HORTON & Rosalind Denise HORTON (joint holder) 1,575,000 Ordinary shares Horton Family Super Pty Ltd Super\ fund> (member) 1,075,000 Ordinary shares Horton Geoscience Consultants Pty Ltd (director & shareholder) 25,000 Ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Expiry of Unlisted Options

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)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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 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