CRYOSITE LIMITED — Director's Dealing 2012

May 27, 2012

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 30/9/2001.

Name of entity	CRYOSITE LIMITED
ABN	86 090 919 476

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	Andrew John Kroger
Date of last notice	23 May 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Daltonvale Pty Ltd A.C.N. 098 839 377 registered holder of 1,980,610 ordinary shares and Colfax Bay Pty Ltd ATF The Andrew Kroger Family Superannuation Fund ABN 32 013 216 128 registered holder of 3,453,666 (of which Andrew John Kroger is sole director and shareholder of each).
Date of change	25 May 2012
No. of securities held prior to change	5,434,276
Class	Ordinary shares
Number acquired	2,000,000 (acquired by Colfax Bay Pty Ltd ATF The Andrew Kroger Family Superannuation Fund ABN 32 013 216 128 of which Andrew John Kroger is sole director and shareholder of).
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	2,000,000 shares @ 0.155 cps
No. of securities held after change	7,434,276
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

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

Part 3 – Closed Period

Were the interests in the securities or contracts detailed above No traded during a closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade N/a to proceed during this period?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this N/a provide?

• See chapter 19 for defined terms.

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