VARISCAN MINES LIMITED — Director's Dealing 2009

Mar 8, 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	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	Robert Lewis Richardson
Date of last notice	19 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 holdings
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares issued to Mr Robert Lewis Richardson and Ms Susanne Brint
**Date of change **	5 March 2009
No. of securities held prior to change	1,727,687 fully paid ordinary shares 1,600,000 ESOP Options expire 24 Nov 2009, exercise price 25 cents 1,060,000 ESOP Options expire 27 Nov 2011, exercise price 14 cents
Class	Fully paid ordinary shares-quoted on ASX
Number acquired	100,000 fully paid ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Purchased 100,000 shares for $7,000 on-market (7 cents per share)

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1,827,687 fully paid ordinary shares 1,600,000 ESOP Options expire 24 Nov 2009, exercise price 25 cents 1,060,000 ESOP Options expire 27 Nov 2011, exercise price 14 cents
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Purchase of 100,000 shares on-market

Part 2 – Change of director’s interests in contracts – R L Richardson

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

Appendix 3Y – 9 March 2009

app3y - rlr mar 09.rjw

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002