CAR GROUP LIMITED — Director's Dealing 2011

Jan 12, 2011

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 carsales.com Ltd

ABN 91 074 444 018

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	Steven Anthony Kloss (Alternative Director)
Date of last notice	17/09/09

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Interests are disclosed below
Date of change	We note that this lodgement is outside of the guidance in listing rule 3.19A as a result of the company’s interpretation of the lodgement requirements for an Alternative Director. We also note that the company has strict and adequate arrangements in place through its share registry, Securities Trading Policy and ongoing training of Directors and Officers of their obligations to ensure compliance with listing rules 3.19A & 3.19B. a) 2ndDecember 2010 b) 12thNovember 2010 c) 30thNovember 2009 d) 23rdSeptember 2009

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct 10,000 ordinary shares 127,500 options Indirect Steven Kloss Pty Ltd CAN 083 227 552 on trust for a Family Trust. Steven Anthony Kloss is a Beneficiary of the Trust and a Director of the trustee company. – 2,435,000 ordinary shares Rainbow Gold Pty Ltd CAN 088 953 048 . Steven Anthony Kloss is a Member of the Fund, the Controller of the Fund and a Director of the trustee company – 155,000 ordinary shares
Class	Ordinary
Number acquired	47,000 ordinary shares 127,500 options converted to ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) 22,000 at $4.60 per share b) 37,500 at $2.15 per share c) 25,000 at $4.60 per share d) 37,500 at $1.05 per share e) 52,500at $2.15 per share

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct 137,500 ordinary shares Indirect Steven Kloss Pty Ltd CAN 083 227 552 on trust for a Family Trust. Steven Anthony Kloss is a Beneficiary of the Trust and a Director of the trustee company. – 2,482,000 ordinary shares Rainbow Gold Pty Ltd CAN 088 953 048 . Steven Anthony Kloss is a Member of the Fund, the Controller of the Fund and a Director of the trustee company – 155,000 ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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Appendix 3Y Change of Director’s Interest Notice

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

Nature of change

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	Not Applicable
Nature of interest	Not Applicable
Name of registered holder (if issued securities)	Not Applicable
Date of change	Not Applicable
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	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not Applicable
Interest after change	Not Applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 4

11/3/2002