OBJECTIVE CORPORATION LIMITED — Director's Dealing 2003

Feb 20, 2003

11:58

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	-------- Objective Corporation Limited
ABN	---------- ----- 16 050 539 350

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 .	_____ Tony Brian Walls
Date of last notice	. $12th$ November 2002 .

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relovant interest.	Registered Holder is TBW Group Pty Ltd Tony Walls is a Director of TBW Group Pty Ltd.
Date of change	11/2/2003, 12/02/2003
No. of securities held prior to change	61,800,200
Class	Fully paid ordinary shares
Number acquired	146,204
Number disposed	0
Value/Consideration Note: If consideration is mon-cash, provide details and estimated valuation	\$21,930.60
No. of securities held after change	61,946,404
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of accurities under dividend reinvestment plan, participation in buy-back,	On-market trade in the normal course of trading on the ASX

⁺ See chapter 19 for defined terms.

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Appendix 3Y Change of Director's Interest Notice

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
Name of registered holder
(if issued securities) Date of change
No. and class of securities to which	U.
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

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⁺ See chapter 19 for defined terms.