ADNEO LIMITED — Director's Dealing 2016

Dec 1, 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: ApplyDirect Limited (ASX: AD1) ABN: 29 123 129 162

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 Graham Doveton Kay Date of Last Notice: 28 June 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Beneficial Interest: Director Related Entity
Date of change		2 December 2016
No. of securities held prior to change					Convertible notes - 100,000 100,000
			Shares	Unlisted options	Convertible notes
		Direct	-	-	-
		Indirect	1,500,000	15,000,000	100,000
		**Total **	1,500,000	15,000,000	100,000
Class		Ordinary fully paid shares. Unlisted options

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired					Convertible notes - - -
			Shares	Unlisted options	Convertible notes
		Direct	-	-	-
		Indirect	500,000	500,000	-
		**Total **	500,000	500,000	-
Number disposed					Convertible notes - 100,000 100,000
			Shares	Unlisted options	Convertible notes
		Direct	-	-	-
		Indirect	-	-	100,000
		**Total **	-	-	100,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		500,000 shares at $0.20 per share 500,000 options: Nil
No. of securities held after change					Convertible notes - - -
			Shares	Unlisted options	Convertible notes
		Direct	-	-	-
		Indirect	2,000,000	15,500,000	-
		**Total **	2,000,000	15,500,000	-
Nature of change Example: on-market trade, off- market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Conversion of convertible notes into shares and			options

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 3 - +Closed Period

Part 3 - +Closed Period
Were the interests in the securities or contracts detailed above traded duringa +closedperiod whereprior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed duringthisperiod?	N/A
If prior written clearance was provided on what date was this provided?	N/A
The CFO Solution 2.12.2016

• See chapter 19 for defined terms.

Appendix 3Y Page 3