UNION STAR METALS LTD — Director's Dealing 2009

Dec 21, 2009

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ASX ANNOUNCEMENT

ASX Ltd Companies Announcement Office 22 December 2009 The Manager Company Announcements Office ASX Ltd 4th Floor, 20 Bridge Street SYDNEY, NSW 2000

Dear Sir,

CHANGE IN DIRECTORS INTEREST NOTICE – APPENDIX 3 Y

Please find attached the Appendix 3Y “ Change in Director’s Interest Notice” for Promesa Limited.

Yours faithfully

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Philip Re

Company Secretary

For further information please contact

Philip Re, Promesa Limited Tel: (08) 9388 9744

Promesa Ltd ACN 124 541 466

Level 28, 140 St Georges Tce Perth WA 6000 PO Box 994, Subiaco, 6904, West Australia T + 61 8 278 2772 F +61 8 9278 2525 E dan@promesa.com.au

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 PROMESA LIMITED

ABN 36 124 541 466

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	Hersh Solomon Majteles
Date of last notice	16-11-2009

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.

• See chapter 19 for defined terms.

Appendix 3Y Page 0

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Simon Nominees Pty Ltd Mr Hersh Solomon Majteles is a Beneficiary of the Fund and a Director of the Trustee Company
Date of change	18 December 2009
No. of securities held prior to change	300,000 Ord Shares held by the following registered holders: 300,000 Simon Nominees Pty Ltd
Class	Ordinary Shares
Number acquired	80,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$16,000.00
No. of securities held after change	380,000 Ord Shares held by the following registered holders: 380,000 Simon Nominees Pty Ltd
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestmentplan, participation in buy-back	Off 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 N/A

Appendix 3Y Change of Director’s Interest Notice

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 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 2