EML PAYMENTS LIMITED — Director's Dealing 2013

Dec 15, 2013

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 Emerchants 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	Peter Martin
Date of last notice	20 November 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		Direct and Indirect.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		BT Portfolio Services Limited (Martin Superannuation Fund A/C).
Date of change		10 December 2013.
No. of securities held prior to change		Direct Nil Indirect 9,486,320 Fully Paid Ordinary Shares.
Class		Unlisted Options.
Number acquired		Direct 427,019 Unlisted Options vesting in 7 tranches over the period 31 December 2013 to 30 June 2014. Tranche 1 vests on 31 December 2013 and the remaining 6 tranches vest in equal amounts on the last day of each month up to and including 30 June 2014. The Unlisted Options are in voluntary escrow until 29 February 2016 and expire on 31 March 2016. Indirect Nil.
Number disposed		Nil.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	AU$80,071 Director fees foregone for the issue of the Unlisted Options.
No. of securities held after change	9,486,320 Fully Paid Ordinary Shares; and 427,019 Unlisted Options vesting in 7 tranches over the period 31 December 2013 to 30 June 2014. Tranche 1 vests on 31 December 2013 and the remaining 6 tranches vest in equal amounts on the last day of each month up to and including 30 June 2014. The Unlisted Options are in voluntary escrow until 29 February 2016 and expire on 31 March 2016.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of Unlisted Options approved by shareholders at the AGM on 13 November 2013.

Part 2 – Change of director’s interests in contracts

==> picture [434 x 302] intentionally omitted <==

----- Start of picture text -----

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
----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was **required? **	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011