MAGONTEC LIMITED — Director's Dealing 2012

Aug 26, 2012

Limited

Office No.10 Level 8 139 Macquarie St Sydney NSW 2000 Australia Ph: 61 2 8231 7085 FAX: 61 2 9252 8960

25 August 2012

Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney, NSW, 2000

Dear Sirs,

Appendix 3Y – Notification of Change of Director’s Interest

Following approval by shareholders at the Company’s Annual General Meeting on 22 November, 536,615 shares were issued on 2 December 2011 to Mr Guenter Franke a Director of the Company.

At the time, a “Change of Director’s Interest Notice” had been overlooked.

The lodgement of the attached form corrects that oversight.

Yours Sincerely

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John Talbot Company Secretary. Magontec Limited

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 30/09/01 Amended 01/01/11

Name of entity	MAGONTEC 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	Guenter Franke
Date of last notice	Nil

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

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	2 December 2011
No. of securities held prior to change	Nil
Class	Ordinary fully paid shares
Number acquired	536,615
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.05580
No. of securities held after change	536,615

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y

Nature of change Shares allotted pursuant to Resolution Example: on-market trade, off-market trade, exercise of options, issue of 8(b) approved by shareholders at the 2011 securities under dividend reinvestment plan, participation in Annual General Meeting of the Company. Shares will vest 18 month after the grant date buy-back and once vested will not be escrowed.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

	Nature of chane	Nature of chane	Nature of chane	Shares allotted ursuant toResolution	Shares allotted ursuant toResolution	Shares allotted ursuant toResolution
	g Example: on-market trade, off-market trade, exercise of options, is		sue of	p 8(b) approved by shar	eholders at the 2011
	securities under dividend reinvestment plan, participa		tion in	Annual General Meeti Shares will vest 18 mon	ng of the Company. th after the grant date
	buy-back			and once vested will no	t be escrowed.
Part 2 – Change of director’s interests in c			ontracts
Note: In the case of a company, interests which come within paragraph			(ii) of the definition of “notifiable interest of a d		irector” should be disclosed
in this part.
Detail of contract -
	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	-
Part 3 –+Closed period

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

Date Lodged 25 August 2012

Rule 2.7, 3.10.3, 3.10.4, 3.10.5