ENERO GROUP LIMITED — Director's Dealing 2015

Oct 20, 2015

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 Enero Group Limited ABN 97 091 524 515

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Matthew Melhuish
Date of last notice	29 September 2015

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 relevantinterest.		Directly held:Matthew MelhuishIndirectly held:Henawall Pty Limited. Mr Melhuish is adirector of Henawall Pty Limited.Henawall Pty Limited <Melhuish SuperfundA/C>. Mr Melhuish is a director of HenawallPty Limited.
Date of change		20 October 2015

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Directly held:450,211 ordinary shares.333,334 share appreciation rights granted on 31October 2013.Indirectly held:Henawall Pty Limited ‐ 722,000 ordinaryshares.Henawall Pty Limited <Melhuish SuperfundA/C> ‐ 15,242 ordinary shares.
Class		Share Appreciation Rights
Number acquired		1,000,000
Number disposed		none
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation		Share Appreciation Rights granted for nilconsideration
No. of securities held after change		Directly held:450,211 ordinary shares.333,334 share appreciation rights granted on 31October 2013.1,000,000 share appreciation rights granted on20 October 2015.Indirectly held:Henawall Pty Limited ‐ 722,000 ordinaryshares.Henawall Pty Limited <Melhuish SuperfundA/C> ‐ 15,242 ordinary shares.
Nature of changeExample: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back		1,000,000 unlisted Share Appreciation Rightsgranted under Enero Group Limited’s ShareAppreciation Rights plan. The grant wasissued on 16 June 2015 however only approvedby shareholders at the Company’s AnnualGeneral Meetingon 20 October 2015.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	n/a
Nature of interest	n/a
Name of registered holder(if issued securities)	n/a
Date of change	n/a
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non‐cash, provide detailsand an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

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 was thisprovided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3