FBR LTD — Director's Dealing 2008

Aug 5, 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 Dromana Estate Limited ABN 58 090 000 276

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	Kenneth James Russell
Date of last notice

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	Thirteenth Vilmar Pty Ltd (KJR Super Fund
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	Account)
interest.
Date of change	9 July 2008
No. of securities held prior to change
Class	Ordinary Shares
Number acquired	875,562
Number disposed	-
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	Ordinary Shares 875,562

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of Issued as ‘in specie’ distribution as part ofsecurities under dividend reinvestment plan, participation in buy-backcapital reduction by Authorised InvestmentFund Ltd, capitalisation of loans and interestand in lieu of Directors Fees.----- End of picture text -----

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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002