L1 GROUP LIMITED — Director's Dealing 2015

Mar 22, 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 Platinum Asset Management Limited ABN 13 050 064 287

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	Andrew Clifford
Date of last notice	2 March 2015

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.	J Clifford - A Clifford is the spouse of JCliffordPlatinum Investment Management Limited asnominee for J CliffordPlatinum Investment Management Limited asnominee for Moya Pty Ltd atf JAAM Trust.A Clifford is a director of Moya Pty Ltd
Date of change	17 March 201518 March 201519 March 201520 March 2015
No. of securities held prior to change	Direct2,496,650 options @ $4.50 strike priceIndirect5,000,000 fully paid ordinary shares held by JClifford22,850,132 fully paid ordinary shares held byPlatinum Investment Management Limited forJ Clifford4,981,317 fully paid ordinary shares held byPlatinum Investment Management Limited asnominee for Moya Pty Ltd atf JAAM Trust.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	OptionsOrdinary Shares
Number acquired
Number disposed	17 March 2015: Exercise of 60,700 optionsand sale of 60,700 ordinary shares.18 March 2015: Exercise of 32,600 optionsand sale of 32,600 ordinary shares.19 March 2015: Exercise of 606,700 optionsand sale of 606,700 ordinary shares.20 March 2015: Exercise of 300,000 optionsand sale of 300,000 ordinary shares.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	17 March 2015 $486,28018 March 2015 $261,12619 March.2015 $4,977,12420 March.2015 $2,435,610
No. of securities held after change	Direct1,496,650 options @ $4.50 strike priceIndirect5,000,000 fully paid ordinary shares held by JClifford22,850,132 fully paid ordinary shares held byPlatinum Investment Management Limited forJ Clifford4,981,317 fully paid ordinary shares held byPlatinum Investment Management Limited asnominee for Moya Pty Ltd atf JAAM Trust.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Exercise of optionsOn-market trades

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

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3