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	John Stuart Hamer FITTON
Date of last notice	4 May 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	Direct or indirect interest	Indirect Interest	Indirect Interest	Indirect Interest
	Nature of indirect interes	t	Fitton Fami	ly Super Account held by the
	(including registered hol	der)	JSHF Supe	rannuation Fund
	Note: Provide details of the circ the relevant interest.	umstances giving rise to
	Date of change		11 Septemb	er 2009
	No. of securities held pri	or to change	214850 Ord	inary fully paid shares (indirect
	Class		Ordinary fully paid shares
	Number acquired		4,694,439 fully paid ordinary shares issued under 1 for 1 rights issue – 214,850 acquired via indirect interest and 4,479,589 directly.
	Number disposed		Nil
	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$187,777.56 ($0.04 per share)
	No. of securities held after change		9,388,878 Ordinary fully paid shares - 429,700 held via indirect interest and 8,959,178 via direct interest.
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		New shares acquired under Company’s 1 for 1 non renounceable rights issue.

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Name of Director	John Stuart Hamer FITTON
Date of last notice	4 May 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: Monday 14 September 2009