EXCELSIOR CAPITAL LTD — Director's Dealing 2015

Mar 22, 2015

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	Andrew Buckley
Date of last notice	25 February 2015

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	Direct or indirect interest	Direct & Indirect	Direct & Indirect	Direct & Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant		(a) Buckland (Qld) Pty Ltd ATF the BuckleyFamily Trust (ACN 079 183 609)The director is a director and shareholder ofBuckland (Qld) Pty Ltd and is a beneficiaryof the Buckley Family Trust.
+ See chapter 19 for defined terms.11/3/2002interest.Date of changeNo. of securities held prior to chaClassNumber acquiredNumber disposed	interest.		y
			The director is a direcBuckland (Qld) Pty Lt	or and shareholder ofd and is a beneficiaryTrust.
			of the Buckley Family
	Date of change		20 March 2015
	No. of securities held prior to cha	nge	(a) 186,964 Ordinary(b)900,000 Performan	ce Rights
	Class		(a) Ordinary shares(b) Performance Rights	over ordinary shares
	Number acquired		(a) 40,000
	Number disposed		Nil
				Appendix 3Y Page 1

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after changeNature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	(a) $60,318.93(a) 226,964 Ordinary(b) 900,000 Performance RightsOn-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 contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to which interest related priorto changeNote: Details are only required for a contract in relation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and an estimated valuationInterest after change

Nil

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?If so, was prior written clearance provided to allow thetrade to proceed during this period?If prior written clearance was provided, on what date wasthis provided?	No

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002