CYCLOPHARM LIMITED — Director's Dealing 2012

Nov 5, 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 30/09/01 Amended 01/01/11

Name of entity CYCLOPHARM LIMITED ABN 74 116 931 250

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Vanda Russell Gould
Date of last notice	19/12/2011

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 relevantinterest.	French Park Investments Pty Ltd (director)Mrs Debbie Anne Gould (spouse)James Vanda Gould (son)Mr Jason Gould (son)Leagou Pty Limited (director)MalackeyHoldingsPtyLtd(alternatedirector)Melbourne Corp of Australia Pty Ltd(director)South Seas Holdings Pty Limited (director)
Date of change	4/6/2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	French Park Investments Pty Ltd 175,000Mrs Debbie Anne Gould 20,000James Vanda Gould 20,000Mr Jason Gould 10,000Leagou Pty Limited 20,000Malackey Holdings Pty Ltd 1,250,000Melbourne Corp of Australia Pty Ltd1,000,000South Seas Holdings Pty Limited 1,500,000
Class	Ordinary Shares
Number acquired	Nil
Number disposed	3,196,000 shares
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Not applicable
No. of securities held after change	French Park Investments Pty Ltd 35,000Mrs Debbie Anne Gould 4,000James Vanda Gould 4,000Mr Jason Gould 2,000Leagou Pty Limited 4,000Malackey Holdings Pty Ltd 250,000Melbourne Corp of Australia Pty Ltd 200,000South Seas Holdings Pty Limited 300,000
Nature of changeExample: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back	Reduction arising from share consolidation

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	Nil
Nature of interest	Nil
Name of registered holder(if issued securities)	Nil
Date of change	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	N d l f i	N d l f i
		N d l f i	hih
		o. an cass o securtinterest related prior to cNote: Details are only required f	es to wchangeor a contract in		Nil
		relation to which the interest has ch	anged
		Interest acquired			Nil
		Interest disposed			Nil
		Value/ConsiderationNote: If consideration is non‐cash, provide detailsand an estimated valuation		Nil
		Interest after change		Nil

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?	Nil
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Nil
If prior written clearance was provided, on what date was thisprovided?	Nil

• See chapter 19 for defined terms.

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