CLEARVIEW WEALTH LIMITED — Director's Dealing 2007

Jul 25, 2007

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 MMC Contrarian Limited ABN 83 106 248 248

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.

205G of the Corporations Act.
Name of Director	Simon Allen Rowell
Date of last notice	2 July 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 interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.Date of changeNo. of securities held prior tochange	Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.Date of changeNo. of securities held prior tochange	Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.Date of changeNo. of securities held prior tochange	Direct	Direct	Indirect	Indirect	Indirect	Indirect	Indirect
			Simon Allen Rowell		Gatfield Pty Ltd astrustee for the RowellSuperfund account:- MrRowell is a director ofGatfield Pty Ltd
			25 July		N/A
			130,644		155,971
ClassNumber acquir
			El D	fd		di Sh
			mpoyeeShares	erre		rnary ares
	ed		4,744		N	il
Number dispos
	ed		Nil		N	il
Value/ConsideNote: If consideration
	rationis non-cash, provide det	ails	105.5 cents	per share	N	il
and estimated valuatio	n
No. of securitie	s held after chan	ge	135,388		1	55,971

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change	Nature of change		Issued Under the MMC	N/A
Example:on-marketexercise of options,dividend reinvestment	trade,off-markettrade,issue of securities underplan, participation in buy-back		ContrarianLimitedDeferred Share Plan in
			lieu of Salary.

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	Not applicable
(if issued securities)
Date of change	Not applicable
No. and class of securities to which	Not applicable
interest related prior to change
Note: Details are only required for a contract in relation to
which the interest has changed
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration	Not applicable
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002