VARISCAN MINES LIMITED — Director's Dealing 2011

Feb 14, 2011

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PLATSEARCH NL

ACN 003 254 395

Level 1, 80 Chandos Street, St Leonards NSW 2065 (PO Box 956, Crows Nest NSW 1585) Telephone: (02) 9906 5220 Facsimile: (02) 9906 5233 Email: pts@platsearch.com.au Website: www.platsearch.com.au

15 February 2011

Companies Announcement Office Australian Securities Exchange

Change of Director’s Interest Notice

Please find attached Appendices 3Y for each of Gregory F P Jones and KWAN Chee Seng

Yours sincerely PlatSearch NL

Ivo Polovineo Company Secretary

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 30/09/01 Amended 01/01/11

Name of entity PlatSearch NL (ASX Code: PTS) ABN 16 003 254 395

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	Gregory F P Jones
Date of last notice	17 December 2010

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Gregory F P Jones and Allison H Jones – G F P Jones is a beneficiary of the Trust
Date of change	8 February 2011
No. of securities held prior to change	Direct: Nil Indirect: - 365,862 fully paid ordinary shares - 750,000 ESOP Options expire 9 February 2014, exercise price 14 cents - 3,250,000 Options expire 27 November 2014, exercise price 18 cents - 2,300,000 Options expire 25 November 2015, exercise price 30 cents
Class	Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	234,138
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$25,755
No. of securities held after change	Direct: Nil Indirect: - 600,000 fully paid ordinary shares - 750,000 ESOP Options expire 9 February 2014, exercise price 14 cents - 3,250,000 Options expire 27 November 2014, exercise price 18 cents - 2,300,000 Options expire 25 November 2015, exercise price 30 cents Indirect:
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	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 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity PlatSearch NL (ASX Code: PTS) ABN 16 003 254 395

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	KWAN Chee Seng
Date of last notice	17 December 2010

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Kwan Chee Seng is the beneficial owner of certain shares registered in the name of HSBC Custody Nominees (Australia) Limited
Date of change	8 February 2011
No. of securities held prior to change	- 45,183,493 shares in the name of HSBC Custody Nominees (Australia) Limited - 2,000,000 options exercise price 18 cents and expiry date 27 November 2014 (beneficial owners Kwan Chee Seng 1,000,000; Kantilal Champaklal 500,000 and Roy Tan Chit Sim 500,000) - 2,000,000 options exercise price 30 cents and expiry date 25 November 2015
Class	Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	794,404
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$91,356
No. of securities held after change	- 45,978,297 shares in the name of HSBC Custody Nominees (Australia) Limited - 2,000,000 options exercise price 18 cents and expiry date 27 November 2014 (beneficial owners Kwan Chee Seng 1,000,000; Kantilal Champaklal 500,000 and Roy Tan Chit Sim 500,000) - 2,000,000 options exercise price 30 cents and expiry date 25 November 2015 includes a reconciliation adjustment of 400 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	On Market trades

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) 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3