ALS LIMITED — Director's Dealing 2017

Oct 30, 2017

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 30/09/01 Amended 01/01/11

Name of entity ALS LIMITED ABN 92 009 657 489

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	Raj NARAN
Date of last notice	20 July 2017

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
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	31 October 2017
No. of securities held prior to change	Direct:
	7,873 ordinary shares
	30,370 ordinary shares (held under Holding
	Lock under terms of Company’s LTI Plan)
	89,516 Performance Rights (includes grants
	made under terms of Company’s LTI Plan
	in 2015 and 2016).
Class	Performance Rights
Number acquired	117,010

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Performance Rights received at no cost toManaging Director per terms of theCompany’s LTI Plan. Valued atA$785,135 (A$6.71 per PerformanceRight).
No. of securities held after change	Refer balances below.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Grant of Performance Rights followingshareholder approval at 2017 AGM.

Balances of director’s other relevant interest in securities

R	egistered holder:No. of securities held:	egistered holder:No. of securities held:
	Direct Interest (i)
	Raj NARAN	7,873 ordinary shares30,370 ordinary shares (held under Holding Lock underterms of Company’s LTI Plan)206,526 Performance Rights (includes grants madeunder terms of Company’s LTI Plan in 2015 and 2016and following shareholder approval at the 2017 AGM).
	Indirect interest (ii)
	Harsha NARAN -ability to influence sale	15,000 fully paid ordinary shares
	TOTAL	53,243 ordinary shares206,526 performance rights

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 inrelation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3