AUSTAL LIMITED — Director's Dealing 2018

Nov 15, 2018

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	AUSTAL LIMITED
ABN	73 009 250 266

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	SARAH ADAM-GEDGE
Date of last notice	30 AUGUST 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 interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	14 November 2018
No. of securities held prior to change	13,584 share rights
Class	Share rights issued under shareholder-approved incentive scheme.
Number acquired	10,000 ordinary shares
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$18,683.45 (average value: $1.87)
No. of securities held after change	10,000 ordinary shares and 13,584 sharerights.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On-market trade. Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above No traded during a[+] closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade to N/a proceed during this period?

If prior written clearance was provided, on what date was this n/a provided?

Austal Limited ABN 73 009 250 266

Adrian Strang Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011