COMET RIDGE LIMITED — Director's Dealing 2016

Nov 8, 2016

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	JAMES ALLAN VINCENT MCKAY
Date of last notice	10 December 2014

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:As Trustee and Director of Waterford AtlanticPty Ltd atf The McKay Family Trust; andAs Trustee and Director of McKay Super PtyLtd atf The McKay Super Fund.
Date of change		7 November 2016
No. of securities held prior to change		16,343,348 ordinary shares held: WaterfordAtlantic Pty Ltd ATF The McKay Family Trust19,452,681 ordinary shares held:McKaySuper Fund Pty Limited ATF McKay SuperFund130,554 ordinary shares held: PatriceLorraine McKay atf Thomas McKay, JessicaMcKay, and Rebecca McKay
Class		Ordinary
Number acquired		1,433,583 Ordinary Shares

Appendix 3Y Change of Director’s Interest Notice

Number disposed	87036 Ordinary Shares
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	McKay Super Pty Ltd: $38,905.40
	Waterford Atlantic Pty Ltd: $32,686.70
	Patrice Lorraine McKay as Trustee: $87.05
No. of securities held after change
	16,997,082 ordinary shares held: Waterford
	Atlantic Pty Ltd ATF The McKay Family Trust
	20,230,789 ordinary shares held:McKay
	Super Fund Pty Limited ATF McKay Super
	Fund
	45,259 ordinary shares held: Patrice Lorraine
	McKay atf Rebecca McKay
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Acquired: 1,433,583 ordinary shares acquiredthrough the 2016 Comet Ridge Rights Issue.
	Disposed: 87,036 ordinary shares transferred
	off market to beneficiaries.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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