NIB HOLDINGS LIMITED — Director's Dealing 2011

Oct 13, 2011

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 nib holdings ltd ABN 51 125 633 856

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	Steve Crane
Date of last notice	7 December 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.

disclosed in thispart.
Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	15,157 shares purchased by Depeto Pty Ltd (ACN 003 315 777), the executive superannuation fund of S & A Crane.
Date of change	7 October 2011 and 10 October 2011. Shares were purchased over two trading days being 7 October 2011 and 10 October 2011.
No. of securities held prior to change	100,000 ordinary shares held indirectly by Depeto Pty Ltd (ACN 003 315 777), the executive superannuation fund of S & A Crane.
Class	Ordinary shares
Number acquired	15,157 shares were acquired by Depeto Pty Ltd (ACN 003 315 777), the executive superannuation fund of S & A Crane. Shares were purchased over two trading days: - 7 October 2011 = 10,000 shares - 10 October 2011 = 5,175 shares
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$21,271.37

• See chapter 19 for defined terms.

Appendix 3Y Page 1 Date of Change : 7 October 2011 and 10 October 2011 Date of Notice: 14 October 2011

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	115,157 ordinary shares held indirectly by Depeto Pty Ltd (ACN 003 315 777), the executive superannuation fund of S & A Crane.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	The 15,157 shares were purchased on-market by Depeto Pty Ltd (ACN 003 315 777), the executive superannuation fund of S & A Crane.

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 relation to 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 an estimated valuation	N/A
Interest after change	N/A
Part 3– +Closed period
Were the interests in the securities or contracts detailed above trading during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002 Date of Change : 7 October 2011 and 10 October 2011 Date of Notice: 14 October 2011