MAGONTEC LIMITED — Director's Dealing 2010

Jul 29, 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	2 October 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 Interest
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to
the relevant interest.
Date of change	23 July 2010
No. of securities held prior to change	1,872,222 – 555,556 held indirectly in name of
	Bloomington Pty Ltd as trustee for The Michel
	Brown Superannuation Fund and 1,316,666 held
	directly.
Class	Ordinary fully paid shares
Number acquired
Number disposed	418,000
Value/Consideration	$21,854.06 ($0.0523 per share)
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	1,454,222 – 555,556 held indirectly in name of
	Bloomington Pty Ltd as trustee for The Michel
	Brown Superannuation Fund and 898,666 held
	directly.
Nature of change	On market trade
Example: on-market trade, off-market trade, exercise of
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	Name of Director	Michael Brown	Michael Brown	Michael Brown
Date of lastDetail of coNature of inName of re(if issued sDate of chaNo. and clwhich interchangeNote: Details arin relation to whiInterest acInterest disValue/ConsNote: If considedetails and an eInterest aft	Date of last	notice	2 October 2009
	Detail of co	ntract	-
	Nature of in	terest	-
	Name of re(if issued s	gistered holderecurities)	-
	Date of cha	nge	-
	No. and clwhich interchangeNote: Details arin relation to whi	ass of securities toest related prior toe only required for a contractch the interest has changed	-
	Interest ac	quired	-
	Interest dis	posed	-
	Value/ConsNote: If considedetails and an e	iderationration is non-cash, providestimated valuation	-
	Interest aft	er change	-

DATE: Friday 30 July 2010