CSL Ltd. — Director's Dealing 2007

Oct 4, 2007

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 CSL Limited ABN 99 051 588 348

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	Tony Cipa
Date of last notice	3 April 2007

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.
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	N/A.
Dates of change	5 October 2007
No. of securities held prior to change	8,547 ordinary shares55,720 performance rights19,380 performance options
Class	Performance Rights/Options under the CSLLimited Performance Rights Plan (the Plan).Subject to satisfaction of certain performancehurdles and the other rules of the Plan, eachPerformance Right carries the right to subscribefor or acquire one ordinary share in CSL Limitedfor no consideration and each PerformanceOption carries the right to subscribe for or acquireone ordinary share in CSL Limited for anExercise Price of $106.39.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	3060 performance rights.9900 performance options.
Number disposed	Nil.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil.
No. of securities held after change	8,547 ordinary shares58,780 performance rights29,280 performance options
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	GrantofPerformanceRights/Optionspursuant to the Performance Rights Plan, asapproved by shareholders at the 2003 AnnualGeneral Meeting.

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

Peter Turvey Company Secretary 5 October 2007

• See chapter 19 for defined terms.

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11/3/2002