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Thu 21 Dec 2006, 9:10 GVM - GVM Metals Limited - Dealing in securities
GVM
 GVGVM                                                                           
GVM - GVM Metals Limited - Dealing in securities                                
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 of a subsidiary of GVM               
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Name of director:             B Sinclair                                        
Designation:                  Director - Nimag                                  
                             Proprietary)Limited                                
                             Limited                                            
Date of transaction:          20 December 2006                                  
(1)Number of securities:      10 500 ordinary shares                            
Price:                        262 cents per share                               
Value of transaction:         R 27 510,00                                       
Nature of transaction:        Shares sold on the open                           
                             market                                             
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
(2)Number of securities:      17 000 ordinary shares                            
Price:                        260 cents per share                               
Value of transaction:         R 44 200,00                                       
Nature of transaction:        Shares sold on the open                           
market                                             
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Sandton                                                                         
21 December 2006                                                                
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Limited                          
Date: 21/12/2006 09:10:01 Produced by the JSE SENS Department.
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