ENVIRONMENTAL GROUP LIMITED (THE) — Director's Dealing 2005

Jul 3, 2005

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.

The Environmental Group Limited
ABN 89 000 013 427

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	John Read
Date of last notice	26 August 2004

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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Cannington Corporation Pty Ltd (ATF The Read Family Trust) Cannington Corporation Pty Ltd (ATF Cannington Superannuation Fund) Suzannah Read (Daughter of J. Read) Harrison Read (Son of J. Read)
Date of change	27 June 2005 28 June 2005
No. of securities held prior to change	2,581,600
Class	Ordinary Shares
Number acquired	121,194
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$10,665
No. of securities held after change	2.702.794

⁺ See chapter 19 for defined terms.

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment blan. participation in buy-back	On-market acquisition
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Part 2 - Change of director's interests in contracts

Detail of contract	NA
Nature of interest	NA
Name of registered holder (if issued securities)	NA
Date of change	NA
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	NA
Interest acquired	NA
Interest disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	NA
Interest after change	NA

$+$ See chapter 19 for defined terms.