MINDAX LIMITED — Director's Dealing 2010

Mar 9, 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	MINDAX LIMITED
ABN	28 106 866 442

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	ANDREW TSANG
Date of last notice	17 February 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

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	See Annexure 1
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	See Annexure 1
Date of change	8 March 2010 9 March 2010
No. of securities held prior to change	i. MDX – 32,150,112 ii. MDXUO – 250,000 iii. MDXO – 16,075,055 (See Annexure 1)
Class	i. Ordinary fully paid shares (“MDX”) ii. Unlisted Options – vesting 31 March 2010; $0.60 exercise price; 31 March 2012 expiry (MDXUO”) iii. Listed Options - $0.75 exercise price; 1 December 2011 expiry (“MDXO”)
Number acquired	8 March 2010 – 53,114 MDX 9 March 2010–26,886 MDX
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	8 March 2010 – 49 cents per share average 9 March 2010 – 50 cents per share

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change i. MDX – 32,230,112 ii. MDXUO – 250,000 iii. MDXO – 16,075,055 (See Annexure 1) 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

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Annexure 1

Lodged on 10 March 2010

Nature and No. of Securities Held Prior to Change

a) Andrew Tsang	15,757,391 MDX 250,000 MDXUO 7,878,695MDXO
b) Andrew Tsang, on behalf of Fujian Xiang Rong Construction (Group) Co Limited, a company controlled byAndrewTsang	2,223,136 MDX 1,111,568 MDXO
c) Andrew Tsang, on behalf of Mei Chun Zeng, sister of AndrewTsang	12,813,606 MDX 6,406,803 MDXO
d) Chunxiang Zeng, wife of Andrew Tsang	1,355,979 MDX 677,989 MDXO

Nature and No. of Securities Held After Change

e) Andrew Tsang	15,757,391 MDX 250,000 MDXUO 7,878,695MDXO
f) Andrew Tsang, on behalf of Fujian Xiang Rong Construction (Group) Co Limited, a company controlled byAndrewTsang	2,223,136 MDX 1,111,568 MDXO
g) Andrew Tsang, on behalf of Mei Chun Zeng, sister of AndrewTsang	12,813,606 MDX 6,406,803 MDXO
h) Chunxiang Zeng, wife of Andrew Tsang	1,355,979 MDX 677,989 MDXO
i) Xiang Rong (Australia) Construction Group Pty Ltd , an entity controlled by Andrew Tsang	80,000 MDX

• See chapter 19 for defined terms.

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