EXCELSIOR CAPITAL LTD — Director's Dealing 2010

May 3, 2010

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	Raymond David Catelan
Date of last notice	30/03/2010

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	Indirect
Nature of indirect interest	Securities held by:
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		RP Prospects Pty Ltd ACN 010 774 651atf the M&L Trust. Raymond Catelan is
		a director and substantial shareholder of
		RP Prospects Pty Ltd and a beneficiary
		of the M&L Trust
		RD Catelan Investments Pty Ltd atf the
		RDC Trust. Raymond Catelan is a
		director and substantial shareholder of
		RD Catelan Investments Pty Ltd.
Date of change	27/04/2010
No. of securities held prior to change	(a)	12,420,484
	(b)	2,069,636
Class	(a)	Ordinary Shares (fully paid)
	(b)	Class A Shares (fully paid)
Number acquired	(b)	27/04/2010 – 202,011
	(b)	Total – 202,011
Number disposed	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration (b) 27/04/2010 - $88,884.84 valuation Note: If consideration is non-cash, provide details and estimated (b) Total - $88,884.84

No. of securities held after change (a) 12,420,484 (b) 2,271,647 Nature of change Off-market trade 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.

VNv	alue/Consideratio			(b) 27/04/2010 - $8888484
	ote: If consideration isaluation	non-cash, provide details and estimated		,.(b) Total - $88,884.84
N	o. of securities hel	d after change		(a) 12,420,484
				(b) 2,271,647
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	ature of change			Off-market trade
	art 2 – Change o	f director’s interests in contracts
	te: In the case of a company,closed in this part.	interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be
	etail of contract		Nil
	Nature of interest
(	Name of registereif issued securitie	d holders)
	Date of change
cNto	o and class o	f securities to
	.which interest r	elated prior to
	hangeote: Details are only requirewhich the interest has chan	d for a contract in relationed
I	nterest acuired
	q
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