INVESTSMART GROUP LIMITED — Director's Dealing 2008

Oct 16, 2008

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 FAT PROPHETS AUSTRALIA FUND LIMITED ABN 62 111 772 359

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	ANGUS GEDDES
Date of last notice	25 JULY 2007

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 interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Mint Financial Group Pty Ltd (ABN 62 094448 549) (“Mint Financial”). The director isa director and company secretary of theholder
Date of change		15 October 2008
No. of securities held prior to change		Direct interestOne (1)Indirect interest (Mint Financial)1,592,019
Class		Ordinary Shares
Number acquired		Nil
Number disposed		Indirect interest (Mint Financial)65,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		$46,000
No. of securities held after change		Direct interestOne (1)Indirect interest (Mint Financial)1,527,019

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002