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	David Simpson
Date of last notice	22 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	1. Indirect2. Direct3. Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	1. David & Dawn Simpson as trustees ofthe Simpson Superannuation Fund2. N/A3. N/A
Date of change	1. 23 December 20132. N/A3. N/A
No. of securities held prior to change	1.Ordinary shares999,2052.Non-ExecutiveDirector Options83,3333.Ordinary shares50,000
Class	1. Ordinary shares2. Non- Executive Director Options3. Ordinary shares
Number acquired	1.124,9012.N/A3.N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	1. N/A2.N/A3.N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	1.$46,213.372.N/A3.N/A
No. of securities held after change	1.Ordinary shares1,124,1062.Non-ExecutiveDirector Options83,3333.Ordinary shares50,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	1. Acquisition of 42,897 shares @$0.37via participation in the CogstateRights Offer.2. N/A3. 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.

==> picture [434 x 328] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• 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 detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	No
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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