Appendix 3Y

Change of Director's Interest Notice





                                                                                             Appendix 3Y

                                                                    Change of Director's Interest Notice







+ See chapter 19 for defined terms.



Appendix 3Y Page 2                                                                      11/3/2002





+ See chapter 19 for defined terms.



11/3/2002                                                                    Appendix 3Y  Page 1



                                                                                           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              Murchison United NL

ABN            59 009 087 852



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                         Glenn Robert Featherby

 Date of last notice                      5 August 2008



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                          A) Direct

                                                      B) Indirect

 Nature of indirect interest                             Hay Street Property Pty Ltd - director and

 (including registered holder)                           shareholder

 Note:  Provide details of the circumstances giving  

 rise to the relevant interest.

 

 Date of change                                      6 August 2008

 No. of securities held prior to change              A) 3,333,333 Ordinary Shares

                                                        2,000,000  unlisted options  exercisable  at

                                                        $0.055 on or before 19 May 2010

                                                     B) 490,620 Ordinary Shares

 Class                                               Ordinary Shares

 Number acquired                                     500,000

 Number disposed                                     Nil

 Value/Consideration                                 A$50,275

 Note:   If  consideration  is  non-cash,   provide

 details and estimated valuation

 

 No. of securities held after change                 A) 3,333,333 Ordinary Shares

                                                        2,000,000  unlisted options  exercisable  at

                                                        $0.055 on or before 19 May 2010

                                                     B) 990,620 Ordinary Shares

 Nature of change                                    

 Example:   on-market  trade,   off-market   trade,  On market trade (buy)

 exercise  of  options, issue of  securities  under

 dividend reinvestment plan, participation in  buy-

 back



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                       

 

 

 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