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Wed 27 Dec 2006, 14:02 GVM - GVM Metals Limited- Dealing In Securities Of
GVM
 GVGVM                                                                           
GVM - GVM Metals Limited- Dealing In Securities Of GVM By A Director Of A       
            Subsidiary Of GVM                                                   
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                               
Date of transaction:          27 December 2006                                  
(1)Number of securities:      5 000 ordinary shares                             
Price:                        275 cents per share                               
Value of transaction:         R 13 750,00                                       
Nature of transaction:        Shares sold on the open market                    
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Sandton                                                                         
27 December 2006                                                                
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Limited                          
Date: 27/12/2006 14:02:07 Produced by the JSE SENS Department.
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