FIRST AU LIMITED — Director's Dealing 2011

Sep 26, 2011

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 30/09/01 Amended 01/01/11

Name of entity : PUBLIC HOLDINGS (AUSTRALIA)LIMITED

ABN 65 000 332 918

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	Mr Yuan-Yi LAO
Date of last notice	22 April 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
Nature of indirect interest	Mr Yuan-Yi LAO owns certain shares and options inFirst
(including registered holder)	Shanghai Investments Limited(FSIL), a Company
Note: Provide details of the circumstances givingrise to the relevant interest.	incorporated in Hong Kong and listed on the Hong KongStock Exchange. FSIL owns all of the issued share capital of
	Atlas Securities Pty Ltd(ACN 001 147 593). Atlas
	Securities Pty Ltd owns 73.93% of the issued capital ofPublic
	Holdings (Australia) Limited.
Date of change	23 September 2011
No. of securities held prior to change	167,829,636 FSIL shares
	11,944,000 FSIL options
Class	ordinary shares
Number acquired	Purchase of 160,000 FSIL shares
Number disposed
Value/Consideration	HK$96,353 (average price of HK$0.60)
Note: If consideration is non-cash, provide details
and estimated valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	167,989,636 FSIL shares11,944,000 FSIL options
Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend 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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011