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WILDCAT RESOURCES LIMITED Director's Dealing 2007

May 10, 2007

66044_rns_2007-05-10_2d2379d6-6f0e-4eb3-accc-5ba0af9efb22.pdf

Director's Dealing

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ASX/MEDIA RELEASE

APPENDIX 3Y

11th May 2007 Australis Aquaculture Limited ("Australis", ASX:AAQ): Please find attached Appendix 3Y in relation to securities disposed of by the company's Chairman. Mr Stewart Graham.

$-$ ENDS $-$

For further information contact:

USA - For Media & Investor Enquiries Josh Goldman, Managing Director Office: $+1-413-863-2040$ ext. 112 Home Office: +1-413-367-9234

Email: [email protected]$

Australia - For compliance enquiries Gabriel Chiappini, Company Secretary Office: 08-9486-1644 Registered Office: Level 9, The Ouadrant 1 William St., Perth WA.

About Australis - Australis Aquaculture, Ltd. (ASX: AAQ) is North America's first and only significant producer of barramundi. The company owns and operates one of the world's largest indoor aguaculture facilities, located in Turners Falls, Massachusetts. The company established barramundi as a growing seafood trend in the US, and is successfully marketing its barramundi as 'The Better Fish': Better Tasting, Better For You, Better for the Environment. Australis' expertise in controlled-environment aquaculture has earned it the reputation as 'the gold standard' in sustainable aquaculture. The company's low-cost production system, patented technology and experienced management is propelling AAQ to expand more quickly, and at significantly lower cost, than potential competitors.

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 Australis Aquaculture Ltd
ABN 65 098 236 938

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 Garth Stewart GRAHAM
Date of last notice 13 April 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 Indirect
Nature of indirect interest (including registered Bulleen Pty Ltd
holder ) Note: Provide details of the circumstances giving rise to the (a trust which the Director is a beneficiary
relevant interest. and a director of the trustee company)
Date of change 4 May 2007 & 3 May 2007
No. of securities held prior to change Indirect shareholding
7,481,684 Fully Paid Ordinary Shares
900,000 unlisted options exercisable at \$0.30
Class Fully paid ordinary shares
Number acquired
Number disposed 46,318
Value/Consideration
Note: If consideration is non-cash, provide details and estimated \$26,774
valuation

+ See chapter 19 for defined terms.

No. of securities held after change Indirect shareholding
7,435,366 Fully Paid Ordinary Shares
900,000 unlisted options exercisable at \$0.30
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

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

$+$ See chapter 19 for defined terms.