First Graphene Ltd. — Director's Dealing 2004

May 2, 2004

Appendix 3Z

Rule 3.19A.3

Final 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	Tolhurst Noall Group Ltd
ABN	50 007 870 760

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	John Nagle
Date of last notice	19 December 2003
Date that director ceased to be director	15 March 2004

Part 1 - Director's relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Not applicable

⁺ See chapter 19 for defined terms.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to	Number & class of securities
the relevant interest
Shares held by Fexco Financial Services (FFS) and Fexco Money	515,198 Ordinary shares held by FFS
Transfer Ltd (FMT) of which Mr Nagle is a director	Ordinary shares held by FMT 3,901,058 4,416,256

Part 3 – Director's interests in contracts

Detail of contract	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
and class of securities to No. which interest relates	Not applicable

$+$ See chapter 19 for defined terms.