KORVEST LTD — Director's Dealing 2014

Feb 18, 2014

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 Korvest Ltd ABN 20 007 698 106

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 Gary Nigel Francis

Date of last notice 11 February 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.

Direct or indirect interest	Direct – held in the names of Gary NigelFrancis and Jennifer Susan Francis.
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	19 February 2014
No. of securities held prior to change	Nil
Class	Ordinary
Number acquired	1,425
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$6.96 per share
No. of securities held after change	1,425

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Nature of change	Nature of change	Nature of change	On-market trade	On-market trade	On-market trade
	Example: on-market trade,of securities under dividen	off-market trade, exercise of options, issd reinvestment lan articiation in bu	ue-
back	back	p, pp

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.

Note: In the case of a co	Note: In the case of a co	mpany, interests which com	e within paragraph (ii) of t	e within paragraph (ii) of t	he definition of “notifiable interest of a director” should	he definition of “notifiable interest of a director” should	he definition of “notifiable interest of a director” should	he definition of “notifiable interest of a director” should
be disclosed in this partDetail of contrNature of interName of regis(if issued secDate of changNo. and classinterest relateNote: Details arerelation to which thInterest acquiInterest dispoValue/ConsideNote: If consideratand an estimated vaInterest after cPart 3 –+CloseWere the intertraded duringwas required?If so, was prioproceed durin		.
	Detail of contr	act		N/A
	Nature of inter	est
	Name of regis(if issued sec	tered holderurities)
	Date of chang	e
	No. and classinterest relateNote: Details arerelation to which th	of securities to wd prior to changeonly required for a contrae interest has changed	hichct in
	Interest acqui	red
	Interest dispo	sed
	Value/ConsideNote: If consideratand an estimated va	rationion is non-cash, provide dluation	etails
	Interest after c	hange
		d period
	Were the intertraded duringwas required?	ests in the securitiea+closed period w	s or contracts detailhere prior written c		ed abovelearance	N	o
	If so, was prioproceed durin	r written clearance pg this period?	rovided to allow the		trade to	N/	A
	If prior written clearance was provided, on what date was thisprovided?					N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above	No
traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

19 February 2014

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011