Director Shareholding

RNS Number:7741H
AuIron Energy Ld
31 July 2001


                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

AuIron Energy Limited

2) Name of director

Alfred Paton

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

Alfred Paton


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

Alfred Paton & Associates Pty Ltd

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

N/A

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Entitlement under Rights Offer

7) Number of shares/amount of
stock acquired

25,000 ordinary fully paid shares

8) Percentage of issued class

0.008%

9) Number of shares/amount
of stock disposed

N/A

10) Percentage of issued class

N/A

11) Class of security

Ordinary fully paid shares

12) Price per share

A$0.85

13) Date of transaction

20 July 2001

14) Date company informed

30 July 2001


15) Total holding following this notification

150,000 ordinary fully paid shares

16) Total percentage holding of issued class following this notification

0.046%

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

N/A

18) Period during which or date on which exercisable

N/A

19) Total amount paid (if any) for grant of the option

N/A

20) Description of shares or debentures involved: class, number

N/A


21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise

N/A

22) Total number of shares or debentures over which options held
following this notification

N/A

23) Any additional information

N/A

24) Name of contact and telephone number for queries

Joe Fontana - Tel: + 61 2 9357 2044

25) Name and signature of authorised company official responsible for
making this notification

Joe Fontana, Company Secretary

Date of Notification.31 July 2001.........

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