COMET RIDGE LIMITED — Director's Dealing 2013

Mar 10, 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 30/09/01 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 Director	TOR MCCAUL
Date of last notice	8 January 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.

be disclosed in this part.Direct or indirect interes	be disclosed in this part.Direct or indirect interes
	Direct or indirect interes	t			Direct and Indir	ect
	Nature of indirect intere(including registered hol	stder)			Trudy Jasmine	McCaul is th	e spouse of th	e
	Note: Provide details of the cirinterest.	cumstances giving ris	e to the relevant		Director
	Dt f h
	ae o cange				1 March 2013
	No. of securities held pri	or to change			Trud J McCa	l: 156250 or	dinar shares	s
					y	,	y
				(	or McCaul: 1Tranche 2) Ve	5,000 Perforsting 1 July 2	mance Rights013.
					Tor McCaul: 1,	000,000 Perf	ormance Right
					expiry 30 June	2016.
					Tor McCaul: 80	0,000 Perfor	mance Rights
					expiry 7 July 2	13.
					Tor McCaul: 2,	718,750 Ordi	nary Shares.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class
	Ordinary Fully Paid Shares
Number acquired
	Tor McCaul: 1,000,000
Number disposed	NIL
Value/Consideration	Non – Cash: AUS$270,000.00 estimated
Note: If consideration is non-cash, provide details and estimatedvaluation	based the closing price of Comet RidgeLimited’s ordinaryshares as at 1 March 2013.
No. of securities held after change
	Trudy J McCaul: 156,250 ordinary shares
	Tor McCaul: 175,000 Performance Rights
	(Tranche 2) Vesting 1 July 2013.
	Tor McCaul: 800,000 Performance Rights
	expiry 7 July 2013.
	Tor McCaul: 3,718,750 Ordinary Shares.
Nature of change
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in	Conversion of 1,000,000 Performance Rights
buy-back

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

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?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3