MACMAHON HOLDINGS LIMITED — Director's Dealing 2008

Oct 9, 2008

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 30/9/2001.

Name of entity	MACMAHON HOLDINGS LIMITED
ABN	93 007 634 406

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	Vyril Anthony Vella
Date of last notice	9 April 2008
Date of this notice	10 October 2008

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

		’	’	’
		f directors relevant interests in securitiess includes interests in the trust made available by the responsible entity of the trust
	Direct or indire	ct interest	Indirect Interest
(Nr	Nature of indireincluding regisote: Provide detailselevant interest.	ct interesttered holder)of the circumstances giving rise to the	Evercity Pty Ltd as trustee for the VellaSuperannuation Fund – Vyril Anthony Va director of the trustee and a beneficiarthe trust.	ella isy of
Date of change			10 October 2008
No. of securities held prior to change			30,442
Class			Ordinary
	Number acquired		706 ordinary shares
	Number disposed		NIL
VNv	alue/Considerationote: If consideration is non-cash, provide details and estimatedaluation		$1.51 per share
	No. of securities held after change		31,148 ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of securities under dividend Example: on-market trade, off-market trade, exercise of options, reinvestment plan in relation to the dividend issue of securities under dividend reinvestment plan, paid on 10 October 2008 participation in buy-back

Part 2 – Change of director’s interests in contracts

Detail of contract	NIL
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: 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

30/9/2001