TALONX RESOURCES LIMITED — Director's Dealing 2003

Feb 3, 2003

MOUNT BURGESS MINING $N.L.$

ACN: 009 067 476

Level 5, 178 St Georges Terrace, Perth, Western Australia, 6000
PO Box 7200, Cloisters Square, Perth, Western Australia, 6850 Talephone: (61 8) 9322 6311 Email: mtb@mountburgess.com Facsimile: (61 8) 9322 4607 Website: www.mountburgess.com

FACSIMILE TRANSMISSION

• Company Announcements Platform TO ċ
• 4 February 2003 DATE $\ddot{\phantom{a}}$

Mount Burgess Mining N.L. FROM ÷

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APPENDIX 3Y

CHANGE OF DIRECTORS INTEREST

This facsimile transmission contains information of Mount Burgess Mining N.L. intended only for the use of the individual(s) named on the transmission sheet. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution or the taking of any action in reliance on the contents of this facsimile transmission is strictly prohibited. If you have received this transmission in error, please notify us by telephone immediately so that we can arrange for the return of the documents to us at no cost to you.

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	MOUNT BURGESS MINING N.L.
ABN	31 009 067 476

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	Nigel Raymond Forrester
Date of last notice	23 December 02

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 INTEREST	Nigel Raymond Forrester Caroline Forrester (daughter) Claire Forrester (daughter) Jan Forrester (spouse)
INDIRECT INTEREST
	EST D M Forrester (late mother)
	Salto Pty Ltd Beta Man Svc. S/F a/c
Date of change	4 February 2003
No. of securities held prior to change DIRECT INTEREST
Nigel Raymond Forrester	7,745,496 ordinary fp shares 500,000 unlisted options
INDIRECT INTEREST
Caroline Forrester (daughter)	$243,000$ ordinary fp shares
Claire Forrester (daughter)	161,000 ordinary fp shares
Jan Forrester (spouse)	408,910 ordinary fp shares 250,000 unlisted options

⁺ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

Est DM Forrester (late mother)	13,860 ordinary fp shares
Salto Pty Ltd	1,000,000 ordinary fp shares
Beta Man Svc S/F a/c	1,648,400 ordinary fp shares
TOTAL	11,220,666 ordinary fp shares
	750,000 unlisted options
Class	Ordinary fp shares
	Unlisted Options
Number acquired
Beta Management Services S/F A/C	20,000
Number disposed
Value/Consideration	\$1,450
Note: If consideration is non-cash, provide details and estimated valuation.
No. of securities held after change
DIRECT INTEREST
Nigel Raymond Forrester	7,745,496 ordinary fp shares
	500,000 unlisted options
INDIRECT INTEREST
Caroline Forrester (daughter)	243,000 ordinary fp shares
Claire Forrester (daughter)	161,000 ordinary fp shares
Jan Forrester (spouse)	408,910 ordinary fp shares
	250,000 unlisted options
Est DM Forrester (late mother)	13,860 ordinary fp shares
Salto Pty Ltd	1,000,000 ordinary fp shares
Beta Man Svc S/F a/c	1,668,400 ordinary fp shares
TOTAL	11,240,666 ordinary fp shares
	750,000 unlisted options
Nature of Change	On Market Trade

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
	مستحده

⁺ See chapter 19 for defined terms.

${\large \bf Appendix~3Y}$
Change of Director's Interest Notice

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

⁺ See chapter 19 for defined terms.