CL8 HOLDINGS LIMITED — Director's Dealing 2014

Feb 18, 2014

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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	Qanda Technology Limited
ABN	60 066 153 982

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Adrian Maxwell Bunter
Date of appointment	19 February 2014

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

14,681,050 fully paid ordinary shares.

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interest.Not Applicable.
		Number & class of Securities
		Nil.

Part 3 – 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	Share sale agreement between Mr Bunter and
	Qanda in relation to the acquisition of the issued
	capital of Drive My Car Rentals Pty Ltd (ACN
	075 505 494) (DMCR) (SSA).
Nature of interest	Mr Bunter has an entitlement to Tranche 2
	Consideration Shares (as defined below) under the
	SSA. The issue of Tranche 2 Consideration
	Shares is subject to DMCR achieving an audited
	annual net profit before tax of at least $500,000 in
	any consecutive 12 month period in the 36 months
	following the Settlement Date, being 19 February
	2014.
Name of registered holder	Mr Adrian Maxwell Bunter.
(if issued securities)
No. and class of securities to which	4,893,683 fully paid ordinary shares in the issued
interest relates	capital of Qanda (subject to any adjustment for
	any reorganisation of Qanda in accordance with
	Chapter 7 of the ASX Listing Rules) (Tranche 2
	Consideration Shares).

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002