EML PAYMENTS LIMITED — Director's Dealing 2008

Sep 2, 2008

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:	AUSTRALASIA GOLD LIMITED
ABN:	93 104 757 904

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 Date of last notice

MICHAEL ROBERT BILLING 26 MAY 2008

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.		MICHAEL ROBERT BILLING +BRONWYN BILLINGATF LAPUN KAMAP SUPER FUND
Date of change		29 AUGUST 2008
No. of securities held prior to change		DIRECT♦36,111 listed ordinary sharesINDIRECT♦98,000 listed ordinary shares
Class		Ordinary shares
Number acquired		DIRECTNILINDIRECT52,000
Number disposed		DIRECTNILINDIRECTnil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	DIRECT
Note: If consideration is non-cash, provide details and estimatedvaluation	N/A
	INDIRECT
	$2,745.00
No. of securities held after change	DIRECT
	♦36,111 listed ordinary shares
	INDIRECT
	♦150,000	listed ordinary shares
Nature of change		On market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

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.

disclosed in thispart.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which interest related prior to	N/A
change
Note: Details are onlyrequired for a contract in relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002