ADVANCED BRAKING TECHNOLOGY LTD — Director's Dealing 2010

Jan 28, 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	14 September 2009

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 relevant interest.	Windpac Pty Ltd(ACN: 073 351 354) ATF The Slack Family Trust Windpac Pty Ltd(ACN: 073 351 354) ATF David Earl Slack Superannuation Fund DASI Investments Pty Ltd(ACN 066 254 742) Brake Developments Pty Ltd (ACN 123 139 122)
Date of change	29thJanuary 2009
No. of securities held prior to change	110,294,496 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.
Class	Fully Paid Ordinary Shares
Number acquired	427,276 Ordinary Shares
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	2.9 cents per share

• 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 110,721,772 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 Issue of securities for Directors Fees to 31st

Example: on-market trade, off-market trade, exercise of options, issue of December 2009 securities under dividend reinvestment plan, participation in buy-back

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