GWA GROUP LIMITED. — Director's Dealing 2017

Aug 22, 2017

ABN 15-055-964-380 t 61 7 3109 6000 f 617 3852 2201 www.gwagroup.com.au

7 Eagleview Place Eagle Farm OLD 4009

GPO Box 1411 Brisbane QLD 4001

23 August 2017

ASX On-Line Manager Company Announcements Australian Securities Exchange

Dear Sir

Change of Director's Interest Notice

Attached is an Appendix 3Y Change of Director's Interest Notice for Mr R J Thornton.

Yours faithfully

R J Thornton Executive Director

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	GWA GROUP LIMITED
ABN	ABN 15 055 964 380

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	Richard James Thornton
Date of last notice	27 February 2017

Part 1 - Change of director's relevant interests in securities

In the case of $\overline{a}$ 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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	RJT Investments No 2 Pty Ltd ACN 164 352 952 (Registered holder) The relevant interest is a $25\%$ shareholding in TFCT Pty Ltd ACN 163 975 755, a corporate trustee, which holds all of the shares in RJT Investments No 2 Pty Ltd
Date of change	22 August 2017
No. of securities held prior to change	77,352 Direct 22,750 Indirect 154,000 Performance Rights (unvested)
Class	Ordinary
Number acquired	$20,475$ Direct
Number disposed	22,500 Performance Rights (unvested)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	63,081.43

⁺ See chapter 19 for defined terms.

Rule 3.19A.2

No. of securities held after change	97,827 Direct 22,750 Indirect 109,000 Performance Rights (unvested)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Lapses and vesting of Performance Rights under GWA Group Long Term Incentive Plan

Part 2 - Change of director's interests in contracts

N/A

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	$\overline{\phantom{a}}$
Name of registered holder (if issued securities)	-
Date of change	$\equiv$
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	$\blacksquare$
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change	$\overline{\phantom{a}}$

Part 3 - ⁺Closed period

Were the interests in the securities or contracts detailed above traded during a + closed period where prior written clearance was required?	N 0
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this $\vert$ - provided?

⁺ See chapter 19 for defined terms.