COGSTATE LTD — Director's Dealing 2013

Dec 23, 2013

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 CogState Limited

ABN 80 090 975 723

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	Richard van den Broek
Date of last notice	8 November 2013

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 Nature of indirect interest (including registered holder)		1. Indirect 2. Direct 1. Citicorp Nominees Pty Limited 2N/A
Note: Provide details of the circumstances giving rise to the relevant interest. Date of change No. of securities held prior to change		. 1. 23 December 2013 2. N/A 1. Ordinary shares 3,320,000 2. Non-Executive 200,000
Class		Director Options 1. Ordinary shares 2. Non- Executive Director Options
Number acquired		1. 415,000 2. N/A
Number disposed		1. N/A 2. N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. $153,550 2. Nil	1. $153,550 2. Nil	1. $153,550 2. Nil	1. $153,550 2. Nil
	No. of securities held after change				1. Ordinary shares 3,735,000 2. Non-Executive Director Options 200,000
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back				1. Acquisition of 415,000 shares @$0.37 via participation in the Cogstate Rights Offer. 2. N/A

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	No
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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