MYECO GROUP LTD — Director's Dealing 2008

Jun 16, 2008

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ACN 064 755 237

TO: COMPANY ANNOUNCEMENTS OFFICE AUSTRALIAN SECURITIES EXCHANGE

DATE: 17[th] June 2008

CHANGE OF DIRECTOR’S INTEREST

The Company wishes to announce a change in the Director’s Interest of Mr Patrick Volpe.

An Appendix 3Y Change of Director’s Interest Notice is attached.

PAT VOLPE Chairman

CARDIA TECHNOLOGIES LTD

REGISTERED OFFICE Suite 510 Level 5 Pacific Tower 737-741 Burwood Road Hawthorn Victoria 3122 Australia Telephone +61 3 9813 3228 Facsimile +61 3 9813 2668 Email: cardia@bigpond.com

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 CARDIA TECHNOLOGIES LIMITED

ABN 89 064 755 237

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	PATRICK VOLPE
Date of last notice	7 APRIL 2008

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	Y E
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	VERMER PTY LTD AND TRAYBURN PT LTD ARE ENTITIES OF WHICH MR VOLP IS A DIRECTOR AND SHAREHOLDER
Date of change	17 JUNE 2006
No. of securities held prior to change	38,284,399
Class	ORDINARY SHARES
Number acquired	813,724
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$32,772.43
No. of securities held after change	39,098,123

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change ON-MARKET PURCHASE Example: on-market trade, off-market trade, exercise of options, issue 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	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 whic interest related prior to change Note: Details are only required for a contract in relation which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002