EMU NL — Director's Dealing 2013

May 23, 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:	EMU NL
ABN:	50 127 291 927

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	Gregory Hugh Steemson
Date of last notice	10 May 2013
Date of this notice	24 May 2013

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 or indirect interest	Direct or indirect interest	(i) Indirect(ii) Indirect	(i) Indirect(ii) Indirect	(i) Indirect(ii) Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.			(i) G H Steemson Family SuperannuationFund, interest held as trustee for asuperannuation fund(ii) Relevant interest in Bullantco Pty Ltd
	te: Provide details of the circumstances giving rise to theerest.	relevant	superannuatio(ii) Relevant intere	n fundst in Bullantco Pty Ltd
D	ate of change/s		21 May 2013 to 23	May 2013
N	o. of securities held prior to change		(i) 4,596,928 fully	paid ordinary shares
			4,788,247 Conto $0.03, unpai	tributing Shares (paid asd as to $0.03)
			(ii) 802,078 fully p14747964 Co	aid ordinary sharesntributing shares (paid as
			,,to $0.03, unpai	d as to $0.03)
Class			Fll id di	h
Number acquired			(i) 100,459 fully paid ordinary shares
Number disposed			Nil
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation			(i) $7,806.90

Emu NL - Appendix 3Y Lodged with ASX 24/05/2013

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	(i) 4,697,387 fully paid ordinary shares4,788,247 Contributing Shares (paid asto $0.03, unpaid as to $0.03)(ii) 802,078 fully paid ordinary shares14,747,964 Contributing shares (paid asto $0.03, unpaid as to $0.03)
Nature of change	On-market purchase

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)
Date of change
No. and class of securities to which interestrelated prior to change
Interest acquired
Interest disposed
Value/Consideration
Interest after change

Part 3 – Closed period

Were the interests in the securities or contracts detailedabove traded during a closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

24 May 2013 Dennis Wilkins Company Secretary

Emu NL - Appendix 3Y Lodged with ASX 24/05/2013