COG FINANCIAL SERVICES LIMITED — Director's Dealing 2012

Jul 2, 2012

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: Armidale Investment Corporation Limited

ABN: 58 100 854 788

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	Mr Gabriel Radzyminski
Date of last notice	16 November 2011

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 Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(A) Shareholder and officeholder of Sandon Capital Pty Ltd, (B) Shareholder and officeholder of Sandon Capital Pty Ltd, manager of Sandon Capital Activist Fund. Manager has power to acquire and dispose of shares under its mandate
Date of change	29 June 2012
No. of securities held prior to change	(A) Ordinary shares: 0 (B) Ordinary shares: 156,000
Class	Ordinary shares
Number acquired	(A) 492 558 Ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.075/share or $36,942 in total
No. of securities held after change	(A) Ordinary shares: 492,558 (B)Ordinaryshares: 156,000

• See chapter 19 for defined terms.

03/07/2012

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Off market transfer

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.

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Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change N/A
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Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the Not applicable trade to proceed during this period? If prior written clearance was provided, on what date Not applicable was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2