INVESTOR CENTRE LIMITED — Director's Dealing 2007

Dec 11, 2007

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 30/9/2001.

Name of entity FERROWEST LIMITED ABN 14 074 009 091

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	BRETT L MANNING
Date of last notice	7 December 2007 – Appendix 3Y

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 and indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	(a) Brett Manning(b) Brett Manning <Sherman ManningA/C> (Guardian)(c) Brett Manning <Caitlin ManningA/C> (Guardian)(d) Brett Manning ATF (Trustee)(e) BL & E Manning Super Fund
Date of change	10 December 2007
No. of securities held prior to change	(a) 1,885,000 Ordinary Shares205,000 Options(b) 50,000 Ordinary Shares25,000 Options(c) 50,000 Ordinary Shares25,000 Options(d) 100,000 Ordinary Shares(e) 10,000
Class	Ordinary Shares
Number acquired	(e) 2,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Number disposed	Number disposed	Number disposed	-	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation				$1,000
No. of securities held after change				(a) 1,885,000 Ordinary Shares
				205,000(b) 50,000 O	Optionsrdinary Shares
				25,000 O(c) 50,000 O	ptionsrdinary Shares
				25,000 Options(d) 100,000 Ordinary Shares(e) 12,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back				On-market trade

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(if issued securities)	N/a
Date of change	N/a
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002