KORVEST LTD — Director's Dealing 2016

Jul 27, 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 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	Alexander Kachellek
Date of last notice	11 March 2016

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 relevant interest.
Date of change	28 July 2016
No. of securities held prior to change	Direct Ordinary Shares 16,838 Performance Rights 84,400 Indirect Ordinary Shares 37,000 held by the Director’s superannuation fund under the name Nulis Nominees (Australia) Limited
Class	Performance Rights
Number acquired
Number disposed	24,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil	Nil	Nil
No. of securities held after change		Direct Ordinary Shares 16,838 Performance Rights 60,400 Indirect Ordinary Shares 37,000 held by the Director’s superannuation fund under the name Nulis Nominees (Australia) Limited
		<Navigator M	ast Plan Sett A/A>
Nt f h		L f Pf	Rih h d
aure o cange Example: on-market trade, off-market trade, exe	rcise of options, issue	apse o er the vestin	ormance gts at te en o riod as erformance hurdle
of securities under dividend reinvestment plan, back	participation in buy-	g p not met	p
		.

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
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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

28 July 2016

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3