FLETCHER BUILDING LIMITED — Director's Dealing 2009

Nov 17, 2009

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 Sheldon Deane
Date of last notice	16 October 2009

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	Beneficial. Shares held by Perpetual Trust
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Limited and Totara Holdings NomineesLimited.
Date of change	18 November 2009
No. of securities held prior to change	52,511
Class	Ordinary shares
Number acquired	6,387
Number disposed	0
Value/Consideration	NZ$34,170.45 ($5.35 per share)
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	58,898

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Replacement shares for those previously Example: on-market trade, off-market trade, exercise of options, issue of issued under the April 2009 Top-Up Offer, securities under dividend reinvestment plan, participation in buy-back but subsequently sold at $5.35, as required by the ASX.

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