director buys 300000

Appendix 3Y
Change of Director’s Interest Notice
+ See chapter 19 for defined terms.
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 AUSTRALASIAN RESOURCES LIMITED
ABN 46 008 942 809
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
Ian Love
Date of last notice
7 April 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
Direct or indirect interest
Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
Cape Range Investment Pty Ltd
of which Mr Love is a Director
Date of change
1 August 2006
No. of securities held prior to change
Nil
Class
Ordinary Shares
Number acquired
300,000
Number disposed
Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
$59,000
No. of securities held after change
500,000
4/8/06 Appendix 3Y Page 1
Appendix 3Y
Change of Director’s Interest Notice
+ See chapter 19 for defined terms.
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
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
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
Appendix 3Y Page 2 4/8/06