First Graphene Ltd. — Director's Dealing 2008

Jan 17, 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 Tolhurst Group Limited (Tolhurst)

ABN 50 007 870 760

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	Allyn Chant
Date of last notice	22 November 2007.

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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Allyn Chant is a Director and shareholder ofHalva Holdings Pty Ltd, a company whichhasbeenissued9,997,251sharesasconsideration for the acquisition of abusiness.
Date of change	17 January 2008
No. of securities held prior to change	6,976,948 Options over Ordinary Shares
Class	Ordinary shares
Number acquired	11,434,899
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Shares issued at 50 cents per share
No. of securities held after change	6,976,948 Options over Ordinary Shares11,434,899 Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of shares as consideration for Example: on-market trade, off-market trade, exercise of options, issue of acquisition of business. securities under dividend reinvestment plan, participation in buy-back

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	Share Purchase Agreement made 21stof November
	2007.
Nature of interest	The Director and a party to which the Director is
	associated will be entitled under the agreement to
	allotment of shares in Tolhurst GroupLimited.
Name of registered holder	Halva Holdings Pty Ltd
(if issued securities)	Allyn chant
Date of change	17 January 2007
No. and class of securities to	Up to 24,274,901 Ordinary Shares
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	Nil.
Interest disposed	11,434,899 Ordinary Shares
Value/Consideration	Shares issued @ 50 cents per share.
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change	The Director and Halva Holdings Pty Ltd are entitled to
	allotment of up to 12,840,002 Ordinary Shares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002