MAGONTEC LIMITED — Director's Dealing 2010

Oct 14, 2010

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	Michael Brown
Date of last notice	15 September 2010

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

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.	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.	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.	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.	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.	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 Michael Brown Date of last notice 15 September 2010 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 Interest Nature of indirect interest (including registered holder)
	Direct or indirect interest		Direct Interest
	Nature of indirect interest (including registered holder)
	Note: Provide details of the circumstances giving rise to the relevant interest.
	Date of change		13 October 2010
	No. of securities held prior to change		1,124,222 – 555,556 held indirectly in name of Bloomington Pty Ltd as trustee for The Michel Brown Superannuation Fund and 568,666 held directly.
	Class		Ordinary fully paid shares
	Number acquired
	Number disposed		466,444
	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$23,322.20 ($0.05 per share)
	No. of securities held after change		657,778 – 555,556 held indirectly in name of
			Bloomington Pty Ltd as trustee for The Michel Brown Superannuation Fund and 102,222 held
directly. Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back On market trade			directly.
	Nature of change Example: on-market trade, off-market trade, ex options, issue of securities under dividend rein plan, participation in buy-back	ercise of vestment	On market trade

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Name of Director	Michael Brown
Date of last notice	15 September 2010
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: Friday 15 October 2010