AUSTRALIAN VINTAGE LTD — Director's Dealing 2012

Jan 19, 2012

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ABN 78 052 179 932

20th January 2012

The Manager Company Announcements Platform Australian Securities Exchange

Dir Sir,

Lodgement of Appendices 3Y – Notices of Change in Director’s Interests

Australian Vintage Limited (the Company ) wishes to advise that, due to the occurrence of administrative oversights, the Company failed to lodge an Appendix 3Y notice.

Specifically, no Appendices 3Y were lodged in respect of the sale of 7,500 shares by a director related party and the purchase of 7,500 shares in a super fund controlled by a director of the Company. The change in Director’s interest relates to Mr. Perry Gunner. The Company now submits for release to the market an Appendix 3Y in satisfaction of its obligations under ASX.

The Company has reaffirmed internal policies to ensure future lodgements are in accordance with ASX Listing Rules.

Yours faithfully,

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Mike Noack Company Secretary Australian Vintage Ltd Tel. +61 8 8172 8333

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 Australian Vintage Limited ABN 78 052 179 932

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	Perry Richard Gunner
Date of last notice	22nd July 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	DirectIndirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Director of Shareholder Company
Date of change	28th November 2011
No. of securities held prior to change	Direct – 92,500Indirect - 165,670
Class	Ordinary Shares
Number acquired	7,500
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.30
No. of securities held after change	Direct - 92,500Indirect – 173,170
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	See Covering Letter

• See chapter 19 for defined terms. 11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
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

• See chapter 19 for defined terms. 11/3/2002

Appendix 3Y Page 2