COMET RIDGE LIMITED — Director's Dealing 2014

Nov 24, 2014

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	Anthony Gilby
Date of last notice	21 August 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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Indirect:18,813,945 Ordinary Shares(Gilby Resources Pty Ltd atf the GilbyInvestment Trust of which Anthony Gilby isa beneficiary)5,126,764 Ordinary Shares(Gilby Super Pty Ltd atf The GilbySuperannuation Fund of which AnthonyGilby is a beneficiary)386,250 Ordinary Shares(Anthony Gilby atf Fleur Gilby)
Date of change		21 November 2014
No. of securities held prior to change		24,215,848 Ordinary Shares
Class		Ordinary Shares
Number acquired		111,111 Ordinary Shares
Number disposed		Nil

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated	AUS$15,000.00
valuation
No. of securities held after change	24,326,959 Ordinary Shares
Nature of change
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Participation in COI 2014 Share PurchasePlan.

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.

Detail of contract 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

Part 3 –[+] Closed period

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 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.

Appendix 3Y Page 2

01/01/2011