CL8 HOLDINGS LIMITED — Director's Dealing 2011

Dec 13, 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 30/09/01 Amended 01/01/11

Name of entity	Qanda Technology Ltd
ABN	60 066 153 982

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	Nathan Sharad Gyaneshwar
Date of last notice	29 November 2010

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	Indirect
Nature of indirect interest	MrNathanGyaneshwar&Mrs		Paula
(including registered holder)	Gyaneshwar < Gyaneshwar Super Fund
Note: Provide details of the circumstances giving rise to the relevantinterest.	A/C>.
	**Mr Gyaneshwar is a **	**beneficiary **	**of **	the
	superannuation fund.
	Four Green Houses Pty Ltd.
	MrGyaneshwaris	aDirector	of	the
	company.
Date of change	14 December 2011
No. of securities held prior to change	Direct
	100,000 fully paid ordinary shares.
	Indirect
	34,599,481 fully paid ordinary shares.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares.
Number acquired	20,000,000
Number disposed	Nil.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil.
No. of securities held after change	Direct100,000 fully paid ordinary shares.Indirect54,599,481 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Sharesweregrantedpursuanttoapproval by shareholders at the AGMheld on 14 December 2011.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 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

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?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

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