ADVANCED BRAKING TECHNOLOGY LTD — Director's Dealing 2010

Oct 31, 2010

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 Slack
Date of last notice	6thSeptember 2010

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	Windpac Pty Ltd(ACN: 073 351 354)
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	DASI Investments Pty Ltd(ACN 066 254 742)Brake Developments Pty Ltd
	(ACN123139122)
Date of change	28thOctober 2010
No. of securities held prior to change	113,832,883 Ordinary Shares
	10,000,000 share options, exercisable at 5.2
	cents each and expiring on 1 March 2012;
	10,000,000 share options, exercisable at 6.5
	cents eachand expiring on 1 March 2013
Class	Fully Paid Ordinary Shares
Number acquired	25,000,000 Ordinary Shares
Number disposed	nil
Value/Consideration	1.6 cents per share
Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

No. of securities held after change 138,832,883 Ordinary Shares 10,000,000 share options, exercisable at 5.2 cents each and expiring on 1 March 2012; 10,000,000 share options, exercisable at 6.5 cents each and expiring on 1 March 2013. Nature of change Participation in the issue of new shares as

Example: on-market trade, off-market trade, exercise of options, issue of approved by shareholders at the Company’s securities under dividend reinvestment plan, participation in buy-back Annual General Meeting held on 26[th] October 2010.

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