ADVANCED BRAKING TECHNOLOGY LTD — Director's Dealing 2008

Jul 24, 2008

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24 July 2008

AUSTRALIAN STOCK EXCHANGE LIMITED

Electronic Lodgement

Dear Sir or Madam,

RE CORRECTION APPENDIX 3Y – LODGED WITH ASX ON 22 JULY 2008

Please find the attached ASX listing rules Appendix 3Y for the issue of fully paid ordinary shares to Mr D Humann and Professor M Richmond previously lodged on 22 July 2008. These are being lodged to correct errors on the issue date of the initial lodgement of Appendices 3Y.

The shares pursuant to the Appendices 3Y, were issue to satisfy the payment of Directors Fees to 30 June 2008 at 1.832 cents per share. However the shares were issued on 22 July 2008 and not 30 June 2008 or 9 July 2008 as originally stated.

Yours faithfully,

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Ross Blakey Company Secretary

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 Advanced Braking Technology Ltd ABN 66 099 107 623

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	David Humann
Date of last notice	4 July 2008

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.	David and Anne Humann SuperannuationFund
Date of change	22 July 2008
No. of securities held prior to change	2,094,210 Ordinary Shares
Class	Fully Paid Ordinary Shares
Number acquired	a) 1,910,480b) ( 124,040) Correction
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	a) 1.832 cents per shareb) 4.703 cents per share
No. of securities held after change	3,880,650 Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of securities for Directors Fees to 30June 2008 and correction of securities issuedfor Directors Fees to 31 December 2007.

Part 2 – Change of director’s interests in contracts

N/A

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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 Advanced Braking Technology Ltd ABN 66 099 107 623

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	Malcolm Richmond
Date of last notice	4 July 2008

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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Bond Street Custodians Limited <SPA –128195 A/C>
Date of change	22 July 2008
No. of securities held prior to change	1,552,780 Ordinary Shares
Class	Fully Paid Ordinary Shares
Number acquired	1,091,700
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	1.832 cents per share
No. of securities held after change	2,644,480 Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of securities for Directors Fees to 30June 2008

Part 2 – Change of director’s interests in contracts

N/A

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002