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Thu 15 Nov 2007, 9:06 GVM - GVM Metals Limited - Dealing in securities o
GVM
 GVGVM                                                                           
GVM - GVM Metals Limited - Dealing in securities of GVM by directors            
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 directors                                       
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Name of director:             N N Mazwai                                        
Designation:                  Deputy Managing director                          
Date of transaction:          13 November 2007                                  
Number of securities:         20 250 ordinary shares                            
Price:                        900 cents per share                               
Value of transaction:         R 182 250,00                                      
Nature of transaction:        Shares sold on the open market                    
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Name of director:             N D Moloi                                         
Designation:                  Non-executive director                            
Date of transaction:          13 November 2007                                  
Number of securities:         24 750 ordinary shares                            
Price:                        900 cents per share                               
Value of transaction:         R 222 750,00                                      
Nature of transaction:        Shares sold on the open market                    
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Sandton                                                                         
15 November 2007                                                                
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Limited                          
Date: 15/11/2007 09:06:20 Produced by the JSE SENS Department.                  
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