KORVEST LTD — Director's Dealing 2017

Jul 26, 2017

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	10 March 2017

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 relevantinterest.
Date of change	27 July 2017
No. of securities held prior to change	DirectOrdinary Shares 17,513Performance Rights 90,900IndirectOrdinary Shares 37,000 held by theDirector’s superannuation fund under thename Nulis Nominees (Australia) Limited<Navigator Mast Plan Sett A/A>
Class	Performance Rights
Number acquired
Number disposed	24,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil	Nil
	estimated
No. of securities held after change		DirectOrdinary SharPerformanceIndirectOrdinary Sh	es 17,513Rights 66,900ares 37000 held by
		name Nulis Nominees (Australia) Lim<Navigator Mast Plan Sett A/A>
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back		Lapse of Performance Rights at the end ofthe vesting period as performance hurdlesnot met.

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.

	rt 2 – Change of director’s interests ine: In the case of a company, interests which come within pdisclosed in this part.	rt 2 – Change of director’s interests ine: In the case of a company, interests which come within pdisclosed in this part.	contracts	contracts
	Detail of contract	N
	Nature of interest
	Name of registered holder(if issued securities)
	Date of change
	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
	Interest acquired
	Interest disposed
	Value/ConsiderationNote: If consideration is non-cash, provide detailsand 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 abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

27 July 2017

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3