BLUGLASS LIMITED — Director's Dealing 2016

Dec 1, 2016

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	22 April 2016

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 or indirect interest	Direct or indirect interest	Direct and Indirect.	Direct and Indirect.	Direct and Indirect.
	Nature of indirect interest			Held Via Bluglass Incentive Trust andSuperannuation Fund
	(including reg	istered holder)		Superannuation F	und
	Note: Provide details	of the circumstances giving rise to the releva	nt interest.
	Date of chang	e		28 November 201	6 and 2 Dec 2016
	No. of securit	ies held prior to change		1,464,000 unvest	ed incentive options which
				aresu	bjecttopre-determined
				vesting	criteria and held in BLG
				Incentiv	e Trust on behalf of G

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Class	ORD	ORD	ORD
Number acquired		46,875 ORD – acquired pursuant to therecently completed SPP
Num	ber disposed	350,000 – On ma	rket sale at $0.36 per share
ValuNote: If	e/Considerationconsideration is non-cash, provide details and estimated valuation	$15,000 – Purcha$126,000 – Sale	se Price PaidConsideration Received
No. of securities held after change	f securities held after change	1,464,000 unvest	ed incentive options which
		aresubjecttopre-determinedvesting criteria and held in BLGIncentive Trust on behalf of GBourne1,400,333 ORD held in BLG Incentive Truston behalf of G Bourne81,108 ORD held by G Bourne or G Bourne& JL Ryan300,000 ORD held in Super Fund
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		Acquisition of shares as a result of theparticipation in the recently completed SPP.Sale of shares due to on market trade

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 to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	n/a

• 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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