CPT GLOBAL LIMITED — Director's Dealing 2003

May 27, 2003

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 30/9/2001.

	Name of entity - CPT Global Limited -
ABN	16 083 090 895

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	Mr Fred Grimwade
Date of last notice	01/11/02

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	of Holder Member Registered Superannuation Fund as per Annexure A
Date of change	26/05/03
No. of securities held prior to change	173,000
Class	Ordinary
Number acquired	100,000
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$41,000
No. of securities held after change	273,000

⁺ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back-	On market trade
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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

$+$ See chapter 19 for defined terms.

APPENDIX 3Y

Intial Director's Interest Notice

ANNEXURE A

Name of Director Fred Grimwade Name of Company CPT Global Limited INDIRECT INTERESTS.

Director's relevant interests in securities of which the director is not the registered holder

Name of holder	Nature of interest		Number & Class of Securities
Fawkner Capital Management Pty Ltd	Director of Company	96.000	Ordinary Shares
Fawkner Capital Management Pty Ltd	Director of Company	70.000	Ordinary Shares
Fawkner Capital Management Pty Ltd	Director of Company	5.000	Ordinary Shares
Mrs Alexandra Jane Grimwade	Spouse is Registered Holder	2.000	Ordinary Shares
ITOTAL ORDINARY		173,000
Options:
Fawkner Capital Management Pty Ltd Exercise Price \$1.00 Exercise Period 08/09/01 - 08/09/03	Director of Company	150.000	Options
TOTAL OPTIONS		150.000

DIRECT INTEREST

Name of holder	lNature of interest	Number & Class of Securities
Mr Frederick Sheppard Grimwade		Ordinary Shares .000 20.
ITOTAL		20,000

Movement

Name of holder	Nature of interest	Class of Securities INumber &
MrFS Fund A/C) }rimwade (Super f . ລປາ	Beneficial Owner of Securities	Ordinary Shares 100.000
ITOTAL		100.000

Current Holding

Name of holder	Nature of interest		Number & Class of Securities
Fawkner Capital Management Pty Ltd	Director of Company	96.000	Ordinary Shares
Fawkner Capital Management Pty Ltd	Director of Company	70,000	Ordinary Shares
Fawkner Capital Management Pty Ltd	Director of Company	5.000	Ordinary Shares
Mr F S Grimwade (Super Fund A/C)	Beneficial Owner of Securities	100,000	Ordinary Shares
Mrs Alexandra Jane Grimwade	Spouse is Registered Holder	2.000	Ordinary Shares
ITOTAL ORDINARY		273,000
Options:
Fawkner Capital Management Pty Ltd Exercise Price \$1.00 Exercise Period 08/09/01 - 08/09/03	Director of Company	150.000	Options
ITOTAL OPTIONS		150,000

DIRECT INTEREST

Name of holder	lNature of interest	Class of Securities INumber & I
IMr ' Frederick Sheppard Grimwade		.000 1 Shares nn. Ordinarv - 25 '
ITOTAL		20,000