COKAL LIMITED — Director's Dealing 2004

Jan 8, 2004

Rule 3.19.4.3

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	ALTERA CAPITAL LIMITED
ABN	55 082 541 437

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	BRIAN M SMITH
Date of last notice	1 MAY 2002
Date that director ceased to be director	8 JANUARY 2004

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 ansidable 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

No relevant interest held

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 (a) of the definition of "nonfiable 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

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of securities
Dilkara Nominees Pty Ltd as trustee 1,364,000 fully paid ordinary shares for a trust in which the director is a beneficiary

Part 3 - Director's interests in contracts

Detail of contract	No relevant interest held
Nature of interest	$N/\Lambda$
Name of registered holder (if issued securities)	$N/\Lambda$
No. and class of securities to which interest relates	N/A

Brian Smith

8 January 2004

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⁺ See chapter 19 for defined terms.