MINDAX LIMITED — Director's Dealing 2010

Oct 31, 2010

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 MINDAX LIMITED ABN 28 106 866 442

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Nicholas James Smith
Date of last notice	17 February 2010
Date that director ceased to be director	30 October 2010

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

250,000 unlisted options with an exercise price of $0.60 and an expiry date of 31 March 2012.

• See chapter 19 for defined terms.

Appendix 3Z Page 1

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Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

		Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interestPortcullis Corporate AdvisoryPty Ltd (a company ultimatelycontrolled by Mr NJ Smith)Gandalf Holdings Pty Ltd ATFPortcullis Provident Fund (ofwhich Mr NJ Smith is acontroller)	Number & class of securities2,868,900 ordinary fully paid shares.1,434,450 listed options with an exercise price of$0.75, expiring 1 December 2011.294,200 ordinary fully paid shares.147,100 listed options with an exercise price of$0.75, expiring 1 December 2011.

Part 3 – Director’s interests in contracts

	Detail of contract	Nil
	Nature of interest
	Name of registered holder(if issued securities)
	No. and class of securities to
	which interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

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