AXTEC LIMITED — Director's Dealing 2012

May 3, 2012

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3 May 2012

Appendix 3Y – Change of Director’s Interest Notice

Attached is Appendix 3Y – Change of Director’s Interest Notice on behalf of Mr Ben Laurance, Director.

Issued by: Edita Nuic Company Secretary (08) 9321 4646 www.axiompl.com.au

Appendix 3Y Change of Director’s Interest Notice

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	AXIOM PROPERTIES LIMITED
ABN	40 009 063 834

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	Benjamin Peter Laurance
Date of last notice	12 April 2012

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Director, controller and beneficiary of BeejayelPty Ltd <Beejayel Superannuation Fund a/c>
Date of changes		30 April 20123May2012
No. of securities held prior to change		Ordinary Fully Paid Shares:49,641,834– Startrend Investments Pty Ltd5,842,092-BeejayelPtyLtd<BeejayelSuperannuation Fund a/c>Performance Rights:2,000,000-BeejayelPtyLtd<BeejayelSuperannuation Fund a/c>
Class		Fully Paid Ordinary SharesPerformance Rights
Number acquired		27,110Fully Paid Ordinary Shares - 30 April 201238,999 FullyPaid OrdinaryShares –3May2012
Number disposed		Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

	Value/ConsiderationNote: If consideration is non-cash, prov	ide details and estimated		$759.08 – 30	April 2012M
	valuation
	No. of securities held after change			Ordinary Fully Paid Shares:49,641,834– Startrend Investments Pty Ltd5,908,201-BeejayelPtyLtd<BeejayelSuperannuation Fund a/c>Performance Rights:2,000,000-BeejayelPtyLtd<BeejayelSuperannuation Fund a/c>
				5,908,201	-BeejayelPtyLtd<Beeja
				Superannua	tion Fund a/c>
				Pf	Rih
				erormanc	gts:-BeejaelPtLtd<Beeja
				2000000
				,,Superannua	yy tion Fund a/c>
	Nature of chane			On-market	rade
	gExample: on-market trade, off-market t	rade, exercise of options,			.
	issue of securities under dividend reinvestbuy-back	ment plan, participation in

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 3

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

If so, was prior written clearance provided to allow the trade n/a to proceed during this period? If prior written clearance was provided, on what date was this n/a provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4