Appendix 3Y
                                                                       Change of Director's Interest Notice



+ See chapter 19 for defined terms.

11/3/2002                                                                    Appendix 3Y  Page 2

                                                                                               Rule 3.19A.2
                                                Appendix 3Y
                                                     
                                   Change of Director's Interest Notice

Information  or  documents  not available now must be given to ASX as soon as available.   Information  and
documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.

Name of entity   Murchison United NL
ABN   59 009 087 852

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director
for the purposes of section 205G of the Corporations Act.

 Name of Director                         Christopher David Grannell
 Date of last notice                      21 February 2006

Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of
the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable
interest of a director" should be disclosed in this part.

 Direct or indirect interest                         a) Indirect    b) Direct
 Nature of indirect interest                         Beneficiary of Trust:
 (including registered holder)                       (CA Fiduciary Services Ltd
 Note:  Provide details of the circumstances giving  ATF The F H Trust)
 rise to the relevant interest.
 
 Date of change                                      28 September 2007
 No. of securities held prior to change              a) Nil
                                                     b) 2,000,000 unlisted options
 Class                                               Ordinary shares
 Number acquired                                     500,000
 Number disposed                                     Nil
 Value/Consideration                                 A$62,500.00 (12.5 cents per share)
 Note: If consideration   is   non-cash,    provide
           details and estimated valuation
 
 No. of securities held after change                 a) 500,000 ordinary shares
                                                     b) 2,000,000 unlisted options
 Nature of change                                    
 Example: on-market   trade,   off-market    trade,  On market trade (buy)
           exercise    of   options,    issue    of
           securities  under dividend  reinvestment
           plan, participation in buy-back

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable
interest of a director" should be disclosed in this part.

 Detail of contract                                          N/A
 Nature of interest                       
 
 
 Name of registered holder                
 (if issued securities)
 
 Date of change                           
 No.  and class of securities to  which   
 interest related prior to change
 Note: Details are only required for  a
           contract   in  relation   to
           which   the   interest   has
           changed
 
 Interest acquired                        
 Interest disposed                        
 Value/Consideration                      
 Note: If consideration  is   non-cash,
           provide   details   and   an
           estimated valuation
 
 Interest after change                    




Murchison's Nominated Advisor for the AIM market is RFC Corporate Finance Ltd.
Contact: Stuart Laing, Ph: +618 9480 2506


                                                                
Murchison United N.L



                                                                

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