ASPEN GROUP — Director's Dealing 2015

Sep 29, 2015

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	Aspen Group
ABN	50 004 160 927

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	Clem Salwin
Date of last notice	27 February 2015

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	30 September 2015
No. of securities held prior to change	i. 1,291,734 Stapled Securities being: a) 1,003,498 Stapled Securities – direct interest b) 288,236 Stapled Securities – indirect interest ii. 1,354,604 Performance Rights iii. 1,729,412 Options
Class	i. Stapled Securities ii. Performance Rights iii. Options
Number acquired	324,955 Stapled Securities
Number disposed	NIL

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	29 @ $1.315 per Stapled Security 55,757 @ $1.32 per Stapled Security 25,377 @ 1.345 per Stapled Security 20,696 @ 1.325 per Stapled Security 213,096 @ 1.33 per Stapled Security 10,000 @ 1.34 per Stapled Security
No. of securities held after change	i. 1,616,689 Stapled Securities being: a) 1,328,453 Stapled Securities – direct interest b) 288,236 Stapled Securities – indirect interest ii. 1,354,604 Performance Rights iii. 1,729,412 Options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

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
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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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