INVION LIMITED — Director's Dealing 2015

Apr 27, 2015

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 INVION LIMITED ABN 76 094 730 417

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	DR RALPH CRAVEN
Date of last notice	2 December 2014

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.

be disclosed in this	be disclosed in this	part.
Direct or indi
	Direct or indi	ect interest		I	it
				n	rec
	Nature of indi	rect interest		Dr	Ralph Howard C	raven & Mrs Les
	(including regNote: Provide de	istered holder)tails of the circumstances givi	ng rise to the relevant	Cl	are Craven atf < R	H Craven Super Fu
	interest.
	Date of change			24 April 2015
				1,300,000 Fully paid Ordinary Shares1,500,000 share options with an exerciseprice of $0.09 and an expiry date of9 November 2017
	No. of securit	ies held prior to chang	e	1,	00,000 Fully paid	rdinary Shares
				1,	500,000 share opti	ons with an exerc
				pri	ce of $0.09 and	an expiry date
				9	November 2017
	Class			Fully paid ordinary shares
	Number acquired			371,429
				nil
	Number disp	sed		ni	l
	Vl/Cnid	rtin			025 h
	aueosNote: If conside	aoration is non-cash, provide	details and estimated	$	. per sare
	valuation

• 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 after change	1,671,429 Fully paid Ordinary Shares
	1,500,000 share options with an exercise
	price of $0.09 and an expiry date of
	9 November 2017
Nature of change	Issue of securities further to participation as
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	an eligible shareholder under the Company’sRightsIssueEntitlementOfferdated
	20March 2015.

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.

	No of securities held after chane			1671429 Fll id Odi Sh
	. g			,, uy pa rnary ares1,500,000 share options with an exercise
				price of $0.09 and an expiry date of9 November 2017
	Nature of changeExample: on-market trade, off-market trade, exercise oissue of securities under dividend reinvestment plan, parti		f options,cipation in	Issue of securities further to participation asan eligible shareholder under the Company’s
	buy-back			RightsIssueEntitlementOfferdated20March 2015.
	art 2 – Change of director’s interests iote: In the case of a company interests which come within		n contractsparagraph (ii) of the definition of “notifiable interest of a director” should
	,e 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	Date of change	n	/a
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed		n/a
Interest acquired		n/a
Interest disposed		n/a
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation		n/a
Interest after change		n/a

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011