VARISCAN MINES LIMITED — Director's Dealing 2007

Sep 20, 2007

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	PlatSearch NL
ABN	16 003254395

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	Raymond John Soper
Date of last notice	29 March 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	Change in indirect holding
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held by Ipseity Pty Limited and Richardson McSharry Pty Ltd (R J Soper is a director and shareholder), J V Armstrong-Smythe (wife of R J Soper) and Budberth PtyLtd
**Date of change **	14 to 19 September 2007
No. of securities held prior to change	1,823,931 fully paid ordinary shares 400,000 ESOP Options expire 24 Nov 2009, exercise price 25 cents 270,000 ESOP Options expire 27 Nov 2011, exercise price 14 cents
Class	Fully paid ordinary shares
Number acquired	400,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$73,000 (average 18.25 cents per share)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 2,223,931 fully paid ordinary shares 400,000 ESOP Options expire 24 Nov 2009, exercise price 25 cents 270,000 ESOP Options expire 27 Nov 2011, exercise price 14 cents Nature of change Purchase of 400,000 fully paid ordinary shares on market 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	None
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

c:\my documents\asx\app3y - rjs sep 07.doc/rac

Appendix 3Y – 21 Sep 2007

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002