MINDAX LIMITED — Director's Dealing 2015

Dec 15, 2015

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	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	11 December 2015

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	(a) Direct(b) Indirect(c) Indirect(d) Indirect(e) Indirect(f)Indirect(g) Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	(b) FujianXiangRongConstruction(Group)CoLimited–acompanycontrolled by Mr Tsang.(c) Mei Chun Zeng – sister of Mr Tsang(d) Chunxiang Zeng – wife of Mr Tsang(e) Xiang Rong (Australia) ConstructionGroupPtyLtd<XiangRongManagement A/C> - an entity controlledby Mr Tsang(f)Lai You – mother of Mr Tsang(g) Zeng Superannuation Fund A/C –superannuation fund of Andrew Tsangand Chunxiang Zeng
Date of change	16 December 2015

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	(a) 15,757,391 fully paid ordinary shares(b) 2,223,136 fully paid ordinary shares(c) 12,813,606 fully paid ordinary shares(d) 1,355,979 fully paid ordinary shares(e) 80,000 fully paid ordinary shares(f) 20,534,431 fully paid ordinary shares(g) 565,000 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	(f) 180,990,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	20,990,000 shares issued in satisfaction ofcommission owed to Mr Tsang to the value of$104,950 at $0.005 per share160,000,000 shares issued on conversion ofloans to the value of $800,000 at an issueprice of$0.005 pershare
No. of securities held after change	(a) 15,757,391 fully paid ordinary shares(b) 2,223,136 fully paid ordinary shares(c) 12,813,606 fully paid ordinary shares(d) 1,355,979 fully paid ordinary shares(e) 80,000 fully paid ordinary shares(f)201,524,431 fully paid ordinary shares(g) 565,000fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Issue of shares as approved by shareholders– see resolutions 6 to 9 of the Notice ofAnnual General Meeting dated 4 November2015, approved by Shareholders at theAnnual General Meeting of the Companyheld on 10December 2015

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelationtowhichtheinteresthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

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Dennis Wilkins Company Secretary

16 December 2015

• See chapter 19 for defined terms.

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