EXCELSIOR CAPITAL LTD — Director's Dealing 2008

Jun 29, 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 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	11/06/2008

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	26/06/2008 – 27/06/2008
No. of securities held prior to change	Nil
Class	Ordinary Shares (fully paid)
Number acquired	26/06/2008 – 31,587
	27/06/2008 – 36,491
	Total – 68,078
Number disposed	Nil
Value/Consideration	26/06/2008 - $24,141.47
Note: If consideration is non-cash, provide details and estimatedvaluation	27/06/2008 - $28,348.07
	Total-$52,489.54
No. of securities held after change	68,078

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

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

Nature of change

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	Nil
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002