ZOONO GROUP LIMITED — Director's Dealing 2004

Oct 26, 2004

Level 4 20 Loftus Street SYDNEY NSW 2000

email: gold@goldsearch.com.au

ash/psh/ash616

27 October 2004

The Manager Company Announcements Office Australian Stock Exchange Limited Level 4 20 Bridge Street SYDNEY NSW 2000

Via ASX Online

No. of pages $-3$

Dear Sir.

Re: Appendix 3Y notice

Enclosed is an appendix 3Y notice advising of a change in the relevant interest in securities of the Company held by director Mr J M E Percival arising from on-market purchases of shares in Goldsearch Limited by an associate.

For and on behalf of the directors of Goldsearch Limited

P S Hewson Secretary

Appendix 3Y

Rule 3.19A.2

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	GOLDSEARCH LIMITED
ABN	73 006 645 754

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	John Morgan Edwin PERCIVAL
l Date of last notice.	26 October 2004

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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Purchases by Forbar Nominees Limited in trust for Mr J M E Percival.
Date of change	26 October 2004
Number of securities held prior to change	1,645,000
Class	ordinary fully paid shares in Goldsearch Limited
Number acquired	355,000
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	4.14 cents per share average

⁺ See chapter 19 for defined terms.

Number of securities held after change	900,000 ordinary fully paid shares held in the name of Forresters Nominee Company in trust for Mr J M E Percival. 400,000 ordinary fully paid shares held by associated company Artos Investments Limited 700,000 ordinary fully paid shares held in the name of Forbar Nominees Limited in trust for Mr J M E Percival.
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 purchases

Part 2 - Change of director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
Number 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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	NIL

For and on behalf of Goldsearch Limited

P S Hewson - Secretary

27 October 2004

⁺ See chapter 19 for defined terms.