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Thu 4 Jan 2007, 10:32 GVM - GVM Metals Limited - Dealing in securities o
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:          3 January 2007                                
    Number of securities:         5 000 ordinary shares                         
    Price:                        300 cents per share                           
    Value of transaction:         R 15 000,00                                   
Nature of transaction:        Shares sold on the open market                
    Nature of interest:           Direct beneficial                             
    Clearance to deal obtained:   Yes                                           
                                                                                
Sandton                                                                     
                                                                                
    4 January 2007                                                              
                                                                                
Sponsor                                                                     
    PricewaterhouseCoopers Corporate Finance (Pty) Limited                      
Date: 04/01/2007 10:32:01 Produced by the JSE SENS Department.
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