COKAL LIMITED — Director's Dealing 2005

Oct 24, 2005

Rule 3.19.4.1

Appendix 3X

Initial 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.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	WILLIAM MATTHEW JOHNSON
Date of appointment	18 OCTOBER 2005

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

Number & class of securities
None held

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

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	Number & class of Securities
Note: Provide details of the circumstances giving 1 rise to the relevant interest.
None held	None held

Part 3 - Director's interests in contracts

Detail of contract	None held
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
No. and class of securities to which N/A
interest relates

Date: 21 October 2005 Signature of Director: x--------------------------