MAGONTEC LIMITED — Director's Dealing 2009

Sep 13, 2009

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	ADVANCED MAGNESIUM LIMITED
ABN	51 010 441 666

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	Zhong Jun Li
Date of last notice	14 September 2009

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

Direct or indirect interest	Indirect Interest
Nature of indirect interest	KWE (HK) Investment Development Co
(including registered holder)	Limited
Note: Provide details of the circumstances giving rise to
the relevant interest.
Date of change	11 September 2009
No. of securities held prior to change	10,415,100 Ordinary fully paid shares held
	indirectly
Class	Ordinary fully paid shares
Number acquired	10,415,100 fully paid ordinary shares acquired
	pursuant to 1 for 1 rights issue via indirect
	interest.
Number disposed	Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	$416,604 ($0.04 per share)
No. of securities held after change	20,830,200 Ordinary fully paid shares held via
	indirect interest.
Nature of change	New shares acquired under Company’s 1 for 1
Example: on-market trade, off-market trade, exercise of	non renounceable rights issue.
options, issue of securities under dividend reinvestment
plan, participation in buy-back

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

	Name of Director	Zhong Jun Li	Zhong Jun Li
	Date of last notice	14 September 2009
	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	-
	Interest acquired	-
	Interest disposed	-
	Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	-
	Interest after change	-

DATE: Tuesday 15 September 2009