FLETCHER BUILDING LIMITED — Director's Dealing 2012

Mar 28, 2012

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 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	Hugh Alasdair FLETCHER
Date of last notice	25 October 2011

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	(a) Shares held by a company, Arrow
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Wrights Limited,(b) Shares held by a company, Fletcher
	Brothers Limited,
	(c) Shares held by a family trust, H A & A
	G Fletcher, as trustees of the JMC
	Fletcher Family Trust,
	(d) Shares held by an estate, H A & A G
	Fletcher, as trustees of the JMC Fletcher
	estate.
	(e) Shares held by a charitable trust, The
	Fletcher Trust.
Date of change	29 March 2012
No. of securities held prior to change	812,002
Class	Ordinary shares
Number acquired	201,216
Number disposed

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	N/A	N/A	N/A	N/A	N/A
	ote: If consideration is non-c	ash, provide details and estimated valuation
N	o. of securities held	after change		1,013,218
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back
	ature of changexample: on-market trade, ofiti d diidd i	f-market trade, exercitt l tii	se of options, issue ofti i bbk	Increasethrough	n non-beneacharitabl	icial interesetrustfo	t heldllowing
				appointment as a trustee.

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011