ENERGY ONE LIMITED — Director's Dealing 2007

Jul 2, 2007

3rd July 2007

Company Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000

Change of Director's Interest Notice

In accordance with ASX Listing Rule 3.19A, the Change of Director's Interest Notice (Appendix 3Y) in respect of Ottmar Weiss is attached.

4 Muet

Joshua Rudd Company Secretary

Sydney Office Level 2, 122 Pitt Street Sydney NSW 2000 GPO Box 3968 Sydney NSW 2001 P 1300 137 522 F 1300 886 064

Queensland Office Level 2, Waterside East, 10 Holden Place Bundall QLD 4217 PO Box 4953 Gold Coast Mail Centre QLD 9726 P 07 5574 3810 F 07 5574 3812

enquiries@energyone.com.au www.energyone.com.au ABN 37 076 583 018

Rule 3.19.4.2

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 ENERGY ONE LTD
ABN	37 076 583 018

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	OTTMAR WEISS
Date of last notice	$8th$ May 2007

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 interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	A director of Abbysah Pty Ltd which is the trustee of the Weiss Superannuation Fund (registered holder).
Date of change	27th June 2007
No. of securities held prior to change	NIL
Class	Ordinary Shares
Number acquired	200,000
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$39,900
No. of securities held after change	200,000 Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Acquired on-market

⁺ See chapter 19 for defined terms.

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
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

⁺ See chapter 19 for defined terms.