ADALTA LIMITED — Director's Dealing 2016

Sep 20, 2016

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 30/9/2001.

Name of entity	AdAlta Limited
ABN	92 120 332 925

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	James Williams
Date of last notice	19 August 2016

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 circumstancesgiving rise to the relevant interest.	(1)Yuuwa Capital LP(managed by its general partner Yuuwa Management LP and itsgeneral partner Yuuwa Capital Management Pty Ltd of whichJames is a director and has an indirect shareholding)(2)Jampaso Pty Ltd (Director andBeneficiary)(3)Sopaja Pty Ltd (Director)(4)Pauline MargaretWilliams(Spouse)
Date of change	21 September 2016
No. of securities held priorto change	(1)54,059,848 ordinary shares(2)20,000 ordinary shares(3)20,000 ordinary shares(4)20,000ordinaryshares
Class	Ordinary shares
Number acquired	(3)40,000 ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed
Value/Considerationincludes brokerage/gstNote: If consideration is non-cash, providedetails and estimated valuation	$0.23 per share
No. of securities held afterchange	(1)54,059,848 ordinary shares(2)20,000 ordinary shares(3)60,000 ordinary shares(4)20,000 ordinary shares
Nature of changeExample: on-market trade, off-market trade,exercise of otions issue of securities under	On market purchase
p,dividend reinvestment plan, participation inbuy-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	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 – [+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2