MINDAX LIMITED — Director's Dealing 2016

May 26, 2016

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	16 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 the relevant interest.	(b) Fujian Xiang Rong Construction (Group)Co Limited – a company controlled by Mr Tsang. (c) Mei Chun Zeng – sister of Mr Tsang (d) Chunxiang Zeng – wife of Mr Tsang (e) Xiang Rong (Australia) Construction Group Pty Ltd Rong\ Management A/C> - an entity controlled by Mr Tsang (f) Lai You – mother of Mr Tsang (g) Zeng Superannuation Fund A/C – superannuation fund of Andrew Tsang and ChunxiangZeng
Date of change	27 May 2016

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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) 201,524,431 fully paid ordinary shares (g) 565,000fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	(e) 10,000,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$50,000
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) 10,080,000 fully paid ordinary shares (f) 201,524,431 fully paid ordinary shares (g) 565,000fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of shares as approved by shareholders at the General Meeting of the Company held on 26 May 2016

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 to which interest related prior to change Note: Details are only required for a contract in relationtowhichtheinteresthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and anestimatedvaluation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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? 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?

No

N/A N/A

==> picture [118 x 66] intentionally omitted <==

Dennis Wilkins Company Secretary 27 May 2016

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3