First Graphene Ltd. — Director's Dealing 2016

Oct 16, 2016

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: FIRST GRAPHITE LIMITED 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	Craig Robert McGuckin
Date of last notice	24 December 2015

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	CLEMM Pty Ltd is a company of which
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	Craig Robert McGuckin is a director.
interest.
	Craig Robert & Lee Ann McGuckin <ATF
	McGuckin Family Trust>
	Craig Robert & Lee Ann McGuckin <ATF
	McGuckin Superannuation A/c>
Date of change	17 October 2016

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	CLEMM Pty LtdIndirect interest in 5,000,000 listedoptions exercisable at 20cps expiring 17October 2016Jointly held Craig Robert and Lee AnnMcGuckin 6,908,513 fully paid ordinary shares,1,020,109 listed options exercisable at20cps expiring 17 October 201610,136,364 listed options exercisable at$0.10 on or before 21 May 2017.5,000,000 Unlisted options exercisable at$0.092 on or before 31 October 2017.Jointly held Craig Robert and Lee AnnMcGuckin<ATFMcGuckinSuperannuation A/c>722,727 fully paid ordinary shares,250,000 listed options exercisable at 20cpsexpiring 17 October 2016136,364 listed options exercisable at $0.10on or before 21 May 2017
Class	Options exercisable at 20cps expiring 17October 2016.
Number acquired	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	CLEMM Pty Ltd5,000,000 listed options exercisable at20cps expiring 17 October 2016Jointly held Craig Robert and Lee AnnMcGuckin 1,020,109 listed options exercisable at20cps expiring 17 October 2016Jointly held Craig Robert and Lee AnnMcGuckin<ATFMcGuckinSuperannuation A/c>250,000 listed options exercisable at 20cpsexpiring 17 October 2016
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Jointly held Craig Robert and Lee AnnMcGuckin 6,908,513 fully paid ordinary shares,10,136,364 listed options exercisable at$0.10 on or before 21 May 2017.5,000,000 Unlisted options exercisable at$0.092 on or before 31 October 2017.Jointly held Craig Robert and Lee AnnMcGuckin<ATFMcGuckinSuperannuation A/c>722,727 fully paid ordinary shares,136,364 listed options exercisable at $0.10on or before 21 May 2017
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Options expired.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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	N/A/
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	N/A
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

17 October 2016

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011