ADAIRS LIMITED — Director's Dealing 2020

Mar 12, 2020

Appendix 3Y Change of Director’s Interest Notice

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 30/09/01 Amended 01/01/11

Name of entity Adairs Limited ABN 50 147 375 451

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	Michael Butler
Date of last notice	12 March 2020

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Candad Pty Ltd
Date of change	12 March 2020
No. of securities held prior to change	569,724
Class	Fully Paid Ordinary Shares
Number acquired	30,000
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$43,843.80
No. of securities held after change	599,724

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	On market trade	On market trade	On market trade	On market trade
	Part 2 – Change of director’s interests in contractsNote: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” shouldbe disclosed in this part.
	Dtil f tt		NA
	ea	o conrac	/
	Natu	re of interest	N/A
Nam(if isDateNo. ainterNote:relatioInterInterValuNote: Iand anInterPart 3Wereabovclear
	Nam(if is	e of registered holdersued securities)	N/A
	Date	of change	N/A
	No. ainterNote:relatio	nd class of securities to whichest related prior to changeDetails are only required for a contract inn to which the interest has changed	N/A
	Inter	est acquired	N/A
	Inter	est disposed	N/A
	ValuNote: Iand an	e/Considerationf consideration is non-cash, provide detailsestimated valuation	N/A
	Inter	est after change	N/A
		–+Closed period
	Wereabovclear	the interests in the securities or contractse traded during a+closed period where prioance was required?			detailedr written	No
If so,to prIf priprovi
	If so,to pr	was prior written clearance provided to allowoceed during this period?			the trade	N/A
	If priprovi	or written clearance was provided, on what dateded?			was this	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011