EXCELSIOR CAPITAL LTD — Director's Dealing 2008

Jul 6, 2008

Appendix 3Y Change of Director’s Interest Notice

rRule 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 CMI Limited ABN 98 050 542 553

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	Richard Denis Catelan
Date of last notice	30/06/2008

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	Securities held by Assetylene Pty Ltd ACN
(including registered holder)	081 438 020 as trustee for Richard Catelan
Note: Provide details of the circumstances giving rise to the relevantinterest.	Family Trust. Richard Catelan is a director
	and substantial shareholder of Assetylene Pty
	Ltd and a beneficiary of Richard Catelan
	Family Trust.
Date of change	30/06/2008 – 02/07/2008
No. of securities held prior to change	68,078
Class	Ordinary Shares (fully paid)
Number acquired	30/06/2008 – 10,094
	01/07/2008 – 103
	02/07/2008 – 11,877
	Total – 22,074
Number disposed	Nil
Value/Consideration	30/06/2008 - $7,975.04
Note: If consideration is non-cash, provide details and estimatedvaluation	01/07/2008 - $82.40
	02/07/2008 - $9,798.53
	Total-$17,855.97

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities	No. of securities
	No. of securities	held after change		90,152
	Nature of chanExample: on-market trasecurities under dividen	gede, off-market trade, exercise of od reinvestment plan, participation	ptions, issue ofin buy-back	On-mark	et trade

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	Detail of contract	Detail of contract	Detail of contract	Nil	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Nature of interest
	Name of registered holder
	(if issued	securities)
	Date of c	hange
	No. andhih i	class of sett lt		curities toi t
	wc neres reae pror ochangeNote: Details are only required for a contract in relationto which the interest has changed
	Interest acquired
	Interest diso		ed
	p
	Value/ConsideNote: If consideration		rationis non-cash, provide details and
	an estimated valuation
	Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002