AUSQUEST LIMITED — Director's Dealing 2008

Jan 28, 2008

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 AUSQUEST LIMITED ABN 35 091 542 451

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	Christopher Ellis
Date of last notice	2 November 2007

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	Change in indirect interests
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Chrysalis Investments P/L of which Mr Ellis is a director and shareholder
Date of change	25 January 2008
No. of securities held prior to change	Indirect : 8,844,372 Ordinary fully paid shares 5,689,345 Quoted 20c options exp. 30/11/09
Class	Ordinary shares Listed AQDOA options – exercisable at 20 cents & expiring 30 November 2009
Number acquired	1,824,286 shares 912,143AQDOAOptions
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares - $0.28 per share Options – Nil, free attaching options
No. of securities held after change	Indirect : 10,668,658 Ordinary fully paid shares 6,601,488 Quoted 20c options exp. 30/11/09

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of shares & options pursuant to Example: on-market trade, off-market trade, exercise of options, issue of shareholder approval received at the EGM securities under dividend reinvestment plan, participation in buy-back held on 17 January 2008

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 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.

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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 AUSQUEST LIMITED ABN 35 091 542 451

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	Graeme Drew
Date of last notice	27 March 2007

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	Change in indirect interests
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Barbara Drew (spouse) and superannuation fund
Date of change	25 January 2008
No. of securities held prior to change	Direct : 857,545 2008 Options 250,000 Unquoted 2009 Options 687,117 Quoted 2009 options Indirect : 2,917,151 Ordinary fully paid shares 857,545 2008 Options 250,000 2009 Options 1,301,850 Quoted options 1,000,0002011Options
Class	Ordinary shares Listed AQDOA options – exercisable at 20 cents & expiring 30 November 2009
Number acquired	115,000 Shares 57,500 AQDOA Options
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	Shares – 28 cents per share Options – Nil, free attaching options
No. of securities held after change	Direct : 857,545 2008 Options 250,000 Unquoted 2009 Options 687,117 Quoted 2009 options Indirect : 3,032,151 Ordinary fully paid shares 857,545 2008 Options 250,000 2009 Options 1,359,350 Quoted options 1,000,000 2011 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	Issue of shares & options pursuant to shareholder approval received at the EGM held on 17 January 2008

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 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.

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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 AUSQUEST LIMITED ABN 35 091 542 451

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	John Ashley
Date of last notice	27 June 2007

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	Change in direct and indirect interests
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Purchased in the name of Asuper P/L and Alpine Nominees P/L of which John Ashley is a Director of both.
Date of change	25 January 2007
No. of securities held prior to change	Direct : 300,000 Ordinary fully paid shares 1,007,616 2008 Options Indirect : 3,962,049 Ordinary fully paid shares 535,965 2008 Options 250,000 unquoted 2009 Options 500,000 2011 Options 2,905,942quoted 2009options
Class	Ordinary shares; and Quoted 20c option exp. 30/11/09
Number acquired	200,000 shares 100,000 AQDOA options
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	Shares – 28 cents per share Options – Nil, free attaching options
No. of securities held after change	Direct : 300,000 Ordinary fully paid shares 1,007,616 2008 Options Indirect : 4,162,049 Ordinary fully paid shares 535,965 2008 Options 250,000 unquoted 2009 Options 500,000 2011 Options 3,005,942quoted 2009options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of shares & options pursuant to shareholder approval received at the EGM held on 17 January 2008

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 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

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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 AUSQUEST LIMITED ABN 35 091 542 451

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	Gregory Hancock
Date of last notice	20 December 2006

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	Change in indirect interests
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Hancock Corporate Investments P/L of which Mr Hancock is a director and shareholder and the superannuation fund.
Date of change	25 January 2008
No. of securities held prior to change	Direct : 385,000 Ordinary fully paid shares 125,000 unquoted 2009 Options 300,000 2011 Options 262,500 quoted 2009 options Indirect : 473,000 Ordinary fully paid shares 1,000,000 2008 Options 322,500 quoted 2009options
Class	Ordinary shares; and Quoted 20c options exp. 30/11/09
Number acquired	200,000 shares 100,000 options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares – 28 cents per share Options – Nil, free attaching options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct : 385,000 Ordinary fully paid shares 125,000 unquoted 2009 Options 300,000 2011 Options 262,500 quoted 2009 options Indirect : 673,000 Ordinary fully paid shares 1,000,000 2008 Options 422,500 quoted 2009options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of shares & options pursuant to shareholder approval received at the EGM held on 17 January 2008

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 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.

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