EXCELSIOR CAPITAL LTD — Director's Dealing 2012

Mar 18, 2012

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	Leanne Catelan
Date of last notice	5/09/2011

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

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice
		Nature of indirect interest				Securities held by:
		(including registered holder)				(a) Le Rae Pty Ltd A	CN 156 174 300
		Note: Provide details of the circumstances giving rise to the relevantinterest.				ATF Catcorp TruM&L Trust). Le	st (formerly Theanne Catelan is a
						substantial sharehol	der of Le Rae Pty
						Ltd and a benef	iciary of Catcorp
						Trust
						.
						(b) Tinkerbell Enterpri	ses Pty Ltd ACN
						109 336 441 ATF t	he Leanne Catelan
						Trust Leanne Cat	lan is a substantial
						.shareholder of Tin	kerbell Enterrises
						Pt Ltd and a	peneficiar of the
						yLeanne Catelan Tru	yst
							.
						(c) LJ Catelan Supera	nnuation Pty Ltd
						ACN 124 587 686	TF the LJ Catelan
						Superannuation Fu	d. Leanne Catelan
						is a substantial s	hareholder of LJ
						Catelan Superannua	tion Pty Ltd and a
						beneficiaryof	theLJCatelan
						Superannuation Fun	d.
						(d) RD Catelan Investm	ents Pty Ltd ACN
						110 631 500 ATF	the RDC Trust.
						LeanneCatelan	isasubstantial
						shareholderof	RDCatelan
						Investments Pt Lt	and a beneficiar
						y	y
						of the RDC Trust.
		Date of change				16/03/2012
		No. of securities held pr	ior to c	hange		(a) 12,420,484
						(b) 3,112,422
					(c) 730,217(d) 2271647
					,,
		Class			(a) Ordinary Shares
					(b) Ordinary Shares(c)Ordinary Shares
					(d) Class A Shares
		Number acquired				Nil
		Number disposed				(d) 16/03/2012 – 2,271,64
						(d) Total – 2,271,647
		Value/Consideration				(d) 16/03/2012 - $199904	936
		Note: If consideration is non-cash, provide details and estimated				,,(d) Total - $199904936	.
		valuation				,,.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	(a) 12,420,484(b) 3,112,422(c) 730,217(d)Nil
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market 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	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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002