EVZ LIMITED — Director's Dealing 2008

Jan 10, 2008

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 30/9/2001.

Name of entity	Envirozel Limited
ABN	87 010 550 357

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	Peter John Jones
Date of last notice	5 December 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	INDIRECT
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	The securities are held by Cameron RichardPty Ltd, Superfund Account. Mr Jones is adirector and shareholder of the company.
Date of change	9 January 2008.
No. of securities held prior to change	7,600,000 ordinary shares held by CameronRichard Pty Ltd Superfund account.
Class	Ordinary
Number acquired	63,748ordinarysharesissuedfromparticipation in Dividend Reinvestment Plan.
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	59.609cents per share

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	7,663,748 ordinary shares held by CameronRichard Pty Ltd Superfund account.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Participation in Dividend Reinvestment Plan.

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.

	,art.
De	tail of contract		Nil
Na	ture of interest
Na(if
	me of registered hoissued securities)	lder
Da	te of change
NointNotwhi	. and class of securierest related prior te: Details are only required for ach the interest has changed	ties to which
		o changecontract in relation to
In	terest acquired
In	terest disposed
VaNotesti	lue/Consideratione: If consideration is non-cash, pmated valuation	rovide details and an
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002