ASTRON LIMITED — Director's Dealing 2011

Feb 21, 2011

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 Astron Limited ABN 97 000 285 272

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	Gerard Arthur King
Date of last notice	14 March 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 relevant interest.	Director related interests in following entities: Pandora Nominees Pty Ltd Greenpower EnergyLtd
Date of change	18 February 2011
No. of securities held prior to change	Pandora Nominees P/L 108,815 Lodestar Investments Ltd 165,704 Greenpower EnergyLtd 1,442,250
Class	Ordinary
Number acquired	Pandora Nominees P/L 165,704
Number disposed	Lodestar Investments Ltd 165,704 Pandora Nominees P/L 250,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Pandora Nominees PL - $2.50 per share = $625,000 Greenpower Energy Ltd - $2.50 per share = $375,000
No. of securities held after change	Pandora Nominees P/L 24,519 Greenpower Energy Ltd 1,292,250

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Sale of shares through on the market trade Transfer between privately held companies

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.

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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
Interest after change
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Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Yes part of the trade above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Yes to proceed during this period? If prior written clearance was provided, on what date was this 15/02/2011 provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011