AUSTAL LIMITED — Director's Dealing 2019

Aug 25, 2019

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	CHARLES ROLAND GILES EVERIST
Date of last notice	22 Sep 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	Indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Relevant interest in ‘Sally Marjorie Everist – Everist Family Account’
Date of change	Share rights converted to shares and issued to Mr Everist on 8 July 2019. Shares transferred to ‘Sally Marjorie Everist – Everist Family Account’ on 6 August 2019
No. of securities held prior to change	10,000 shares
Class	Shares.
Number acquired	20,441 ordinary shares
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$72,361.14 (average value: $3.54)
No. of securities held after change	30,441 ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Off-market trade following conversion of share rights to shares in accordance with shareholder-approved fixed equity-based remuneration arrangements.

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

Part 3 –+Closed period	art 3 –+Closed period
Were the interests in the securities or contracts detailed 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? Austal Limited ABN 73 009 250 266	Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance **was required? **	Yes
	If so, was prior written clearance provided to allow the trade to proceed during this period?	Prior verbal clearance was provided and subsequently confirmed inwriting.
	If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Adrian Strang Company Secretary

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3