GALE PACIFIC LIMITED — Director's Dealing 2002

Dec 5, 2002

Facsimile

To: Australian Stock Exchange FACSIMILE NO: 1300 300 021 Company Announcements Office

Rod House

Appendix 3Y Change in Director's Interests SUBJECT:

5 December 2002 DATE:

TOTAL NO. OF PAGES: 3

Dear Sir,

FROM:

Please find enclosed a Change in Director's Interest Notice.

Yours Faithfully

Rod House COMPANY SECRETARY

1

IF THIS MESSAGE IS NOT FULLY RECEIVED OR UNCLEAR, PLEASE CALL 61 3 9516 3333 The Information contained in this facsimile transmission is privileged and confidential and littended only for the use of the individual(s) and/or entity(les) named above. If you have received this transmission in error, please Immediately notify us by telephone (collect) to arrange for return of the materials. Thank you. Gale Pacific Ltd 145 Woodlands Drive, Braeside, Victoria 3195, Australiä. P D Box 892, Braeside, Victoria 3195, Australia Ph: (03) 9518 3333 Fax: (03) 9518 3398 Toll Free: 1800 331 521 ABN 80 082 263 778 ACN 082 263 778 |coolaroo

E/Tid 002 ON GALE PACIFIC 61 3 95183325 $62:8$ 5. DEC. 2002

Appendix 3Y

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Rule 3 19A.2

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	------ Gale Pacific Limited	. _____
ABN	80 082 263 778 -------

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	Daryl Edward James Reilly
Date of last notice	17 October 2002. ---

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 (1) of the definition of "notifieds therest 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 electristances giving rise to the relevant interest.	The director controls Hedgegrove Pty. Ltd ACN 055 407 399, which has voting power in Advent Management Group Limited ACN 006 235 632 ("AMG") in excess of 20%.
Date of changes	29 November, 3 December and 4 December 2002
No. of securities held prior to change	Before the change, the director had a relevant Interest in 2,430,959 shares
Class	Ordinary
Number acquired	The director acquired 109,561 shares.
Number disposed	NII
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$173,827.10
No. of securities held after change	After the change, the director had a relevant interest in 2,540,520 shares.
Nature of change Example: on-market trade, off-market trade, exorelse of options, Issue of securities under dividend reinvestment plan, partidipation in buy-back	On market trade.

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within peragraph (ii) of the definition of "notifiable interest of a director" should be diselesed in this part.

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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-easil, provide details and an estlinited valuation
Interest after change

Appendix 3Y Page 2

11/3/2002

$+$ See chapter 19 for defined terms.