Director/PDMR Shareholding

(a) Name of director

Dennis Paterson

(b) Date disclosure was made to the Company

3 November 2008

(c) Date of transaction

3 November 2008

(d) The price, amount and class of securities concerned

70,000 ordinary shares at an average price of $0.73 per ordinary share

(e) The nature of the transaction

Purchase of 70,000 ordinary shares by Dennis Michael Paterson & Lois Jean Paterson

(f) Holding following the transaction

157,000 ordinary shares by Dennis Michael Paterson & Lois Jean Paterson, representing 0.03% of the Company's issued share capital.

450,000 executive options