FLETCHER BUILDING LIMITED — Director's Dealing 2007

Oct 2, 2007

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	FLETCHER BUILDING LIMITED
ABN	096046936

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	Roderick S Deane
Date of last notice	22 January 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 (via nominee company)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	n/a
Date of change	24 September 2007
No. of securities held prior to change	51,295 ordinary shares
Class	Ordinary shares
Number acquired	1,295 ordinary shares
Number disposed	1,295 ordinary shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	NZ$16,386
No. of securities held after change	51,295 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 Transfer of a holding via a nominee company Example: on-market trade, off-market trade, exercise of options, issue of to family trust, with beneficial interest securities under dividend reinvestment plan, participation in buy-back retained.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002