MAGONTEC LIMITED — Director's Dealing 2013

Jan 10, 2013

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 30/09/01 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	Nicholas William Andrews
Date of last notice	5 December 2011

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	Indirect
Nature of indirect interest
(including registered holder) Note: Provide details of the circumstances giving rise to the relevant	Shares held by a superannuation fund in which the Director is a beneficiary
interest.
Date of change	4 January 2013
	7,122,562 of which
No. of securities held prior to change	• 3,538,461 are held indirectly and
	• 3,584,101areheld directly
Class	Ordinary fully paid shares
Number acquired	3,956,979 Ordinary Fully paid shares 7,913,958 Options
Number disposed	Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	$197,848.95
	11,079,541 Ordinary fully paid shares of which
No. of securities held after change	• 7,495,440 are held indirectly and • 3,584,101 are held directly
	And 7,913,958 Options that are held indirectly
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares acquired as a result of sub-underwriting commitment to and entitlement to new shares in a rights issue

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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.

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

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? 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 11 January 2013

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011