CEDAR WOODS PROPERTIES LIMITED — Director's Dealing 2015

Dec 29, 2015

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 30/09/01 Amended 01/01/11

Name of entity : CEDAR WOODS PROPERTIES LIMITED ABN : 47 009 259 081

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	WILLIAM G HAMES
Date of last notice	23 December 2015

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 relevantinterest.	Mr Hames is a director and shareholder of JoiaHoldings Pty Ltd, Leblon Holdings Pty Ltd andHamsha Nominees Pty Ltd.Mr Hames has voting rights over and a first rightof refusal to purchase the shares held by HKPoynton.
Date of change	23 December 2015
No. of securities held prior to change	Direct – 298,727Joia Holdings Pty Ltd – 543,824Leblon Holdings Pty Ltd – 738,508Hamsha Nominees Pty Ltd – 6,426,952HK Poynton – 2,014,439
Class	Ordinary
Number acquired	Leblon Holdings Pty Ltd – 1,506
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Average price of $3.90 per share.
No. of securities held after change	Direct – 298,727Joia Holdings Pty Ltd – 543,824Leblon Holdings Pty Ltd – 740,014Hamsha Nominees Pty Ltd – 6,426,952HK Poynton – 2,014,439

Nature of change On-market trade. 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	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 relationto which the interest has changed	N/A
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 detailed abovetraded during a+closed period where prior written clearance wasrequired?	N/A
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A