ENVIRONMENTAL GROUP LIMITED (THE) — Director's Dealing 2011

Nov 2, 2011

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: The Environmental Group Ltd

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	Mr John Read
Date of last notice	12 November 2010

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		Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Cannington Corporation Pty Ltd(ATF The Read Family Trust)Cannington Corporation Pty Ltd(ATF Cannington Superannuation Fund)Suzannah Read_(Daughter of John Read)_Harrison Read (Son of John Read)
Date of change		28 and 31 October 2011
No. of securities held prior to change		Indirect interest2,955,224 Ordinary sharesDirect interest133,333ExecutiveShareOptionPlanoptions. Exercise price 24 cents, expiring 31January 2013
Class		Ordinary shares
Number acquired		500,000
Number disposed		Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration $25,000.00 Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change Indirect interest 3,455,224 Ordinary shares Direct interest 133,333 Executive Share Option Plan options. Exercise price 24 cents, expiring 31 January 2013 On-market trade

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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.

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----- Start of picture text ----- 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 changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired -Interest disposed -Value/Consideration -Note: If consideration is non-cash, provide detailsand an estimated valuationInterest after change ------ End of picture text -----

• See chapter 19 for defined terms.

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01/11/2011

Appendix 3Y Change of Director’s Interest Notice

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?	-
If prior written clearance was provided, on what date was thisprovided?	-

• See chapter 19 for defined terms.

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