BSA LIMITED — Director's Dealing 2008

Feb 6, 2008

==> picture [92 x 66] intentionally omitted <==

For Immediate Release

Thursday 7 February 2008

General Manager The Company Announcements Office Australian Stock Exchange Limited PO Box H224 Australia Square Sydney NSW 1215

Dear Sir/Madam,

- Change of Directors Interest Appendix 3Y

Please find attached the Appendix 3Y disclosing the director’s change of interest.

For further information, please contact: -

Graham Seppelt 0419 035 297

On behalf of the Board

==> picture [125 x 39] intentionally omitted <==

Graham Seppelt Secretary

==> picture [47 x 34] intentionally omitted <==

Head Office: Unit 11, 79-99 St Hilliers Road Auburn NSW 2144 Phone: (02) 8748 2400 Fax: (02) 8748 2577 corporate@bsa.com.au

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: BSA Limited ABN: 50 088 412 748

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	BRIAN RAYMOND BALDWIN
Date of last notice	9 October 2007

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.			Director related entity (Hawke & Tusk Pty Ltd)
Date of change			14 January 2008
			15 January 2008 16 January 2008 17 January 2008 21 January 2008
	No. of securities held prior to chan	ge	Hawke & Tusk Pty Ltd 2, Brian Baldwin 2,	985,928 419,445
	Class		Ordinary
	Number acquired		14/1 32,304
			15/1 50,000 16/1 80,000 17/1 128,313 21/142,713
			TOTAL 333,330
	Number disposed
	Value/Consideration Note: If consideration is non-cash, provide details and estima	ted valuation	14/1 0.635 per share 15/1 0.65 per share 16/1 0.66 per share
			17/1 0.667 per share 21/10.67 per share Average 0.66 per share
	N f ii hld f h		Hk & Tk P Ld 2	85928
	o. o securtes e ater cange		awe us ty t , Brian Baldwin 2,	, 752,775

Nature of change On market trades Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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