GWR GROUP LIMITED — Director's Dealing 2016

Dec 22, 2016

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 GWR Group Limited ABN 54 102 622 051

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	Michael Wilson
Date of last notice	27 November 2015

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	23 December 2016
No. of securities held prior to changes	2,645,548 Ordinary shares
Class	Unlisted Options
Number acquired	4,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Nil consideration, estimated $47,040 value (as pernotice of meeting)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	2,645,548 Ordinary shares	2,645,548 Ordinary shares
	4,000,000 unlisted options:
	a)	800,000 unlisted options vested on grant,
		exercisable at $0.04, expiring 23 December
		2020,
	b)	800,000 unlisted options, vesting 23
		December 2017, exercisable at $0.05,
		expiring 23 December 2020,
	c)	2,400,000 unlisted options, vesting 23
		December 2018, exercisable at $0.06,
		expiring 23 December 2020.
Nature of change	Issued in accordance with the resolution passed by
Example: on‐market trade, off‐market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy‐back	shareholders at the AGM held on 29 November2016

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	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non‐cash, provide details
and an estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

		art 3 –+Closed period	art 3 –+Closed period
		Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance		No
		was required?
		If so, was prior written clearance provided to allowproceed during this period?	the trade to	N/A
		If prior written clearance was provided, on what d	ate was this	N/A
		provided?

• See chapter 19 for defined terms.

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