CLEARVIEW WEALTH LIMITED — Director's Dealing 2010

May 9, 2010

Level 24, 2 Chifley Square Chifley Tower Sydney NSW 2000 GPO Box 4964 Sydney NSW 2001

T: (02) 9224 0700 F: (02) 9233 2275

10 May 2010

The Manager Companies Announcement Office Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000

Dear Sir/ Madam

CHANGE OF DIRECTOR’S INTEREST NOTICES

As required by the ASX Listing Rules, please find attached copies of Appendix 3Y – Change of Director’s Interest Notice after completion of the 1 for 1 Entitlement Offer and Conditional Placement.

For further information, please contact:

Athol Chiert Company Secretary MMC Contrarian Limited (+612) 9224 0700

==> picture [567 x 90] intentionally omitted <==

==> picture [567 x 90] intentionally omitted <==

==> picture [567 x 90] intentionally omitted <==

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.

Name of Director	Simon Swanson
Date of last notice	29 March 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Manyata Holdings Pty Limited ATF Swanson Family Trust. Mr Swanson is a potential beneficiary under the Trust.
Date of change	5 May 2010
No. of securities held prior to change	Nil
Class	Ordinary
Number acquired	2,000,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.50 per Share
No. of securities held after change	2,000,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in the Placement.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

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	Employment Contract
Nature of interest	Right to be issued 2 million shares under the Placement (subject to shareholder approval)
Name of registered holder (if issued securities)	Not applicable
Date of change	5 May 2010
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	2 million Placement shares
Interest acquired	Not applicable
Interest disposed	Placement has been completed, so contractual right to be issued these shares no longer exists.
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Right to be issued 10 million shares under the Executive Share Plan on terms approved by shareholders on 30 April 2010

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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.

Name of Director	Peter James Wade
Date of last notice	29 April 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	ABSS Investments Pty Ltd (Peter Wade Super Account)
Date of change	5 May 2010
No. of securities held prior to change	119,841
Class	Ordinary
Number acquired	19,841
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.50 per Share
No. of securities held after change	139,682
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in the 1 for 1 Entitlement Offer. As at the record date ABSS Investments Pty Limited was the holder of 19,841 Shares.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

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	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 2

11/3/2002

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.

Name of Director	Raymond John Kellerman
Date of last notice	28 October 2009

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	RK Sydney Pty Ltd ATF RK Family Trust. Mr Kellerman may be a beneficiary of the RK Family Trust.	Ruth and Ray Kellerman ATF The Kellerman Superannuation Fund. Mr Kellerman is a trustee for the Kellerman Superannuation Fund.
Date of change	5 May 2010	5 May 2010
No. of securities held prior to change	300,000	50,800
Class	Ordinary shares	Ordinary shares
Number acquired	50,000	50,800
Number disposed	Nil	Nil
Value/Consideration Note: If consideration is non- cash, provide details and estimated valuation	$0.50 per share	$0.50 per share
No. of securities held **after change **	350,000	101,600

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Participation in the 1 for 1 Participation in the 1 for 1 Example: on-market trade, offEntitlement Offer. As outlined in Entitlement Offer. market trade, exercise of options, issue of securities under dividend the Prospectus, Mr Kellerman reinvestment plan, participation did not participate in relation to in buy-back those Shares held through the Employee Share Plan (ESP)

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 2

11/3/2002