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ORA BANDA MINING LTD Director's Dealing 2007

Oct 31, 2007

65475_rns_2007-10-31_6b2a0d88-1441-4b3c-b5e0-a31e5baa9fa8.pdf

Director's Dealing

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Level 1 23 Ventnor Avenue, West Perth, Western Australia 6005 Telephone: 61-8 9481 6422 Facsimile: 61-8 9481 6433

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31 October 2007

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

Dear Sir/Madam

APPENDIX 3Y NOTICE

In accordance with ASX Listing Rule 3.19A.2, please find enclosed Appendix 3Y notice on behalf of Mr Philip Botsis.

Mr Botsis has this week returned from leave and only became aware of this transaction and has notified the Company forthwith.

Yours faithfully

Keith Vuleta

Company Secretary

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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: Monarch Gold Mining Company Limited
ABN: 69 100 038 266

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: PHILIP PETER BOTSIS
Date of last notice: 22 June 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

Direct or indirect interest Indirect
Nature of indirect interest(including registered holder)Note: Provide details of thecircumstances giving rise to the relevantinterest Methuen Holdings Pty Ltd – financial interestBotsis Holdings Pty Ltd – financial interest
Date of change 15 October 2007
Number of securitiesheld prior to change 4,815,781 ordinary fully paid shares
Class Fully paid shares
Number acquired 200,000
Number disposed
Value/considerationNote: If consideration is non-cash,provide details and estimated valuation $52,000
  • See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Number of securitiesheld after change 5,015,781 ordinary fully paid shares
Nature of changeExample: on-market trade, off-markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy-back Issue of shares pursuant to a placement to institutional andsophisticated investors at a price of 26 cents per share.

Part 2 – Change of director’s interests in contracts

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

  • See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001