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DEEP YELLOW LIMITED Director's Dealing 2006

Jun 15, 2006

64808_rns_2006-06-15_76a9a8d1-3ec7-45b1-9880-17f856722380.pdf

Director's Dealing

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L 1, 329 Hay St, Subiaco WA 6008 PO Box 1770 Subiaco WA 6990

Tel: 08 9286 6999 Fax: 08 9286 6969 [email protected] www.deepyellow.com.au

ABN 97 006 391 948

16 June 2006

The Companies Announcement Office Australian Stock Exchange Limited Level 10 Exchange Centre 20 Bond Street SYDNEY NSW 2000

Dear Sirs

CHANGE IN DIRECTORS INTERESTS

Please find attached an Appendix 3Y in respect of a recent purchase by Ms Gillian Swaby.

Yours faithfully

MESette

MARK PITTS Company Secretary

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 DEEP YELLOW LIMITED
IABN 97 006 391 948

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 Gillian Swaby
Date of last notice 26 May 2006

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 Direct and Indirect
Nature of indirect interest Gillian Swaby
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest. Strategic Consultants Pty Ltd of which G
Swaby is a director and shareholder
Date of change 15 June 2006
No. of securities held prior to change 25,553,727 Ordinary Shares
3,000,000 Options exercisable at 25c before
31.12.08
2,000,000 Options exercisable at 35c before
31.12.08
Class Ordinary Shares
Number acquired 146,273
Number disposed NIL
Value/Consideration \$18,284
Note: If consideration is non-cash, provide details and estimated
valuation

+ See chapter 19 for defined terms.

No. of securities held after change 25,700,000 Ordinary Shares
3,000,000 Options exercisable at 25c before
31.12.08
2,000,000 Options exercisable at 35c before
31.12.08
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buv-back-
Purchase on market

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
Nature of interest N/A
Name of registered holder
(if issued securities)
N/A
Date of change N/A
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
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 N/A

$+$ See chapter 19 for defined terms.