COMET RIDGE LIMITED — Director's Dealing 2017

Mar 28, 2017

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	9 November 2016

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 relevant interest.		Indirect: As Trustee and Director of Waterford Atlantic Pty Ltd atf The McKay Family Trust; and As Trustee and Director of McKay Super Pty Ltd atf The McKay Super Fund. As Trustee and Director of VOC Investment Pty Ltd
Date of change		24 March 2017
No. of securities held prior to 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
Class		Ordinary

Appendix 3Y Change of Director’s Interest Notice

Number acquired	3,300,000
Number disposed	3,300,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value ascribed to the shares transferred at the date of the transfer $346,500.00
No. of securities held after change	13,697,082 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 3,300,000 ordinary shares held: VOC Investment Pty Ltd 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 of securities under dividend reinvestment plan, participation in buy-back	Transfer of Ordinary shares from Waterford Atlantic Pty Ltd ATF The McKay Family Trust to VOC Investment Pty Ltd Trust> - entities controlled by the Director with there being no change to the beneficial ownership of the shares.

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3