COGSTATE LTD — Director's Dealing 2011

Jun 29, 2011

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 CogState Limited

ABN 80 090 975 723

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Richard Morgan
Date of last notice	29 November 2010
Date that director ceased to be director	30 June 2011

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

==> picture [246 x 25] intentionally omitted <==

----- Start of picture text ----- Ordinary shares 323,513Non-Executive Director Options 365,000----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

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

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.

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

this part.In the case of a trust, this includes interests in the	trust made available by th	trust made available by th
			e responsible entity of the trust
Name of holder & nature of interestNote: Provide details of the circumstances giving risethe relevant interest	to	Number & class	of securities
Nil

Part 3 – Director’s interests in contracts

Detail of contract	Nil
Nature of interest	Nil
Name of registered holder(if issued securities)	Nil
No. and class of securities to whichinterest relates	Nil

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002