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Thu 1 Nov 2007, 11:19 GVM - GVM Metals Limited - Dealing in securities o
GVM
 GVGVM                                                                           
GVM - GVM Metals Limited - Dealing in securities of GVM by a director           
GVM Metals Limited                                                              
(previously, "Golden Valley Mines Limited")                                     
(Incorporated and registered in Australia)                                      
(Registration number ACN 008 905 388)                                           
Share code on the JSE Limited: GVM  ISIN: AU000000GVM1                          
Share code on the Australian                                                    
Stock Exchange Limited:        GVM  ISIN: AU000000GVM1                          
("GVM" or `the Company")                                                        
Dealing in securities of GVM by a director                                      
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Name of director:             N Mazwai                                          
Designation:                  Managing director                                 
Date of transaction:          29 October 2007                                   
Number of securities:         13 333 ordinary shares                            
Price:                        850 cents per share                               
Value of transaction:         R 113 330,50                                      
Nature of transaction:        Shares sold on the open market                    
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Name of director:             N Moloi                                           
Designation:                  Non-executive director                            
Date of transaction:          29 October 2007                                   
Number of securities:         16 667 ordinary shares                            
Price:                        850 cents per share                               
Value of transaction:         R 141 669,50                                      
Nature of transaction:        Shares sold on the open market                    
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Name of director:             B Sinclair                                        
Designation:                  Director of Nimag                                 
Date of transaction:          1 November 2007                                   
Number of securities:         22 154 ordinary shares                            
Price:                        802 cents per share                               
Value of transaction:         R 177 675,08                                      
Nature of transaction:        Shares sold on the open market                    
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Sandton                                                                         
1 November 2007                                                                 
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Limited                          
Date: 01/11/2007 11:19:14 Produced by the JSE SENS Department.                  
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