GR ENGINEERING SERVICES LIMITED — Director's Dealing 2013

Aug 25, 2013

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 GR Engineering Services Limited ABN 12 121 542 738

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	Geoffrey Michael Jones
Date of last notice	26 June 2013

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	On market purchase of 50,000 fully paid ordinary shares by the Lee-Jones Superannuation fund of which Mr Jones is a joint trustee and beneficiary.
Date of change	23 August 2013

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	400,000 ordinary shares held indirectly as follows:  150,000 ordinary shares held by the Lee-Jones Superannuation Fund of which Mr Jones is a joint trustee and beneficiary; and  250,000 ordinary shares held by Christine Lee, Mr Jones’ de facto. 2,000,000 options to acquire ordinary shares in the Company granted on 19 April 2011 on the following terms: 1) 500,000 options exercisable at $1.50 each on or before 19 April 2014; 2) 750,000 options exercisable at $1.80 each on or before 19 April 2015 and vesting on 19 April 2014; and 3) 750,000 options exercisable at $2.10 each on or before 19April 2016 and vestingon 19April 2015.
Class	Ordinary shares
Number acquired	50,000
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$27,970
No. of securities held after change	450,000 ordinary shares held indirectly as follows:  200,000 ordinary shares held by the Lee-Jones Superannuation Fund of which Mr Jones is a joint trustee and beneficiary; and  250,000 ordinary shares held by Christine Lee, Mr Jones’ de facto. 2,000,000 options to acquire ordinary shares in the Company granted on 19 April 2011 on the following terms: 1) 500,000 options exercisable at $1.50 each on or before 19 April 2014; 2) 750,000 options exercisable at $1.80 each on or before 19 April 2015 and vesting on 19 April 2014; and 3) 750,000 options exercisable at $2.10 each on or before 19 April 2016 and vesting on 19 April 2015.

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change On market trade. Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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

Part 3 –	Part 3 –	Closed perio
Were t above
	Were t above	he interests in traded during a	the securities or +closed period	contracts detail where prior writt	ed en	No
	clearan	**ce was required? **
	If so, w t	as prior written d di thi	clearance provide id?	d to allow the tra	de
	o procee urng s pero
	If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3