EMBELTON LIMITED — Director's Dealing 2011

Jun 28, 2011

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	Embelton Limited
ABN	51 004 401 496

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	George R Embelton
Date of last notice	15 September 2010

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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	G R E Nominees Pty Ltd(trusteeofGREmbeltonFamilyTrustandSuperannuation Fund)
Date of change	28 June 2011
No. of securities held prior to change	G R EmbeltonGRE Nominees Pty Ltd	333,886604,440938,326
Class	Ordinary
Number acquired	G R Embelton	8,000
Number disposed	GRE Nominees Pty Ltd	8,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$48,000.oo
No. of securities held after change	G R EmbeltonGRE Nominees Pty Ltd	341,886596,440938,326

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, Off market transfer – no change in relevant issue of securities under dividend reinvestment plan, participation in buy-back interest

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 NOT APPLICABLE 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 traded during a[+] closed period where prior written No clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011