COMET RIDGE LIMITED — Director's Dealing 2012

Sep 6, 2012

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 30/09/01 Amended 01/01/11

Name of entity COMET RIDGE LIMITED ABN 47 106 092 577

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 Directo	r	TOR MCCAUL	TOR MCCAUL	TOR MCCAUL
	Date of last noti	ce		24 May	2012

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	Direct or indirect interest	Direct or indirect interest	Direct or indirect interest	Direct or indirect interest	Direct and Indirect	Direct and Indirect	Direct and Indirect	Direct and Indirect
						Direct and Indirect
	Nt f idit itt
	aure o nrec neres(including registered holder)					Trudy Jasmine McCaul is the spouse of the
	Note: Provide details of the circumstances giving rise to theinterest.				relevant	Director
	Date of change					5 September 2012
	No. of securities held prior to change
						Trudy J McCaul: 125,000 ordinary shares
						Tor McCaul: 175,000 Performance Rights
						(Tranche 1) vesting 1 July 2012
						Tor McCaul: 175,000 Performance Rights(Tranche 2) Vesting 1 July 2013
	Class					Ordinary Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	Tor McCaul: 718,750 Ordinary Fully PaidSharesTrudy J McCaul: 31,250 Ordinary Fully PaidShares
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	AUS$57,500.00 for the share issued underthe Rights Entitlement Issue Allocations
No. of securities held after change	Trudy J McCaul: 156,250 ordinary sharesTor McCaul: 175,000 Performance Rights(Tranche 2) Vesting 1 July 2013Tor Raymond McCaul: 2,718,750 OrdinaryShares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Conversion of Performance Rights & RightsEntitlement Issue Allocations

Part 2 – Change of director’s interests in contracts N/A

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 N/A 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.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

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