BLUGLASS LIMITED — Director's Dealing 2015

Jun 9, 2015

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: Bluglass Limited ABN 20 116 825 793

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	Giles Bourne
Date of last notice	26 Aug 2014

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 and Indirect.
Nature of indirect interest	Held Via Bluglass Incentive Trust and
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	Superannuation Fund
interest.
Date of change	10 June 2015
No. of securities held prior to change	974,000 unvested incentive options which
	aresubjecttopre-determined
	vesting criteria and held in BLG
	Incentive Trust on behalf of G
	Bourne
	1,090,333 ORD held in BLG Incentive Trust
	on behalf of G Bourne
	34,233 ORD held by G Bourne
	60,000 ORD held in Super Fund
Class	ORD

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	240,000
Number disposed	Nil
Value/Consideration	$15,000
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	974,000	unvested incentive options which
		aresubjecttopre-determined
		vesting criteria and held in BLG
		Incentive Trust on behalf of G
		Bourne
	1,090,333 ORD held in BLG Incentive Trust
		on behalf of G Bourne
	34,233 ORD held by G Bourne
	300,000	ORD held in Super Fund
Nature of change	As a result of participation in recently
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	completed SPP.

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	n/a
(if issued securities)
Date of change	n/a
No. and class of securities to	n/a
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 was thisprovided?

• See chapter 19 for defined terms.

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