AUSQUEST LIMITED — Director's Dealing 2012

Dec 12, 2012

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 – 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	30 November 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	Change in indirect interests
Nature of indirect interest	Chrysalis Investments P/L of which Mr Ellis
(including registered holder)	is a director and shareholder
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	a) 11 December 2012
	b) 12 December 2012
No. of securities held prior to change	Indirect :
	10,668,658 Ordinary fully paid shares
Class	Ordinary fully paid shares
Number acquired	a) 505,533
	b) 192,027
Number disposed	Nil
Value/Consideration	a) $22,719
Note: If consideration is non-cash, provide details and estimated valuation	b) $8,833

• See chapter 19 for defined terms.

01/01/2011Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Indirect :11,366,218 Ordinary fully paid shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market trades

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	N/A
	Nature of interest		N	/A
	Name of registered hold	er	N	/A
	(if issued securities)
	Date of change			/A
	No. and class of securiinterest related rior to	ties to whichchane	N	/A
	pNote: Details are only required forto which the interest has changed	ga contract in relation
	Interest acquired		N	/A
	Interest disposed		N/A
	Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation		N/A
	Interest after change		N/A

Part 3 –[+] Closed period

Part 3 – +Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011