FIRST AU LIMITED — Director's Dealing 2014

May 12, 2014

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.

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 Wai-Kin (Rankine) YEUNG
Date of last notice	13 January 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Wai-Kin (Rankine) YEUNG owns certain shares and options inFirst Shanghai Investments Ltd(FSIL), a company incorporated in Hong Kong and listed on the Hong Kong Stock Exchange. FSIL owns all of the issued share capital ofAtlas Securities Pty Ltd(ACN 001 147 593). Atlas Securities Pty Ltd owns 73.93% of the issued capital ofPublic Holdings (Australia) Limited (PHA).

Date of change	11 April 2014
No. of securities held prior to change	248 PHA shares 542,304 FSIL shares 19,842,000 FSIL share options
Class	ordinary shares
Number acquired	N/A
Number disposed	Sale of 480,000 FSIL shares

1

116494531 \ 0429162 \ SPM01

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	HK$479,097.6 (average price of HK1 per share)
No. of securities held after change	248 PHA shares 62,304 FSIL shares 19,842,000 FSIL share options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

2

116494531 \ 0429162 \ SPM01