RNS Number:9856I
Gippsland Limited
03 December 2007

3 December 2007

Gippsland Limited ("Gippsland" or the "Company")

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Director acquires shares

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On 29 November 2007 Gippsland Director Mr Jon Starink informed the Company that
on 28 November 2007, Lazarus Foundation Pty Ltd as Trustee for Rand Trust, of
which Mr Starink is a director and beneficiary, acquired 300,000 Ordinary Shares
via a market trade for a total consideration of A$32,500.

This purchase brings Mr Starink's interested holding in the Company to 300,000
Ordinary Shares, representing 0.12% of the issued share capital of the Company.

For further information please contact:

Jack Telford  Gippsland Limited                      T: +61 (0)8 9340 6000
Fiona Owen    Grant Thornton Corporate Finance       T: +44 (0)20 7383 5100




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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