ORICA LIMITED — Director's Dealing 2011

Jan 24, 2011

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 Orica Limited ABN 24 004 145 868

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	Noel Anthony Meehan
Date of last notice	21 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.

Direct or indirect interest	Direct & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Trust Shares held by Orica Share Plan PtyLtd andMeehan Family Superannuation Fund
Date of change	21 January 2011
No. of securities held prior to change	259,163 Ordinary shares (direct)40,653 Ordinary shares (indirect)
Class	Ordinary Shares
Number acquired
Number disposed	40,664 (forfeiture from direct holding)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Not applicable
No. of securities held after change	218,499 Ordinary shares (direct)40,653 Ordinary shares (indirect)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Forfeiture of 2007 Long Term Equity Example: on-market trade, off-market trade, exercise of options, issue of Incentive Plan shares to the Orica LTEIP securities under dividend reinvestment plan, participation in buy-back Trust for future re-allocations pursuant to Orica’s employee share plans.

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

……………………………………….. ANNETTE COOK COMPANY SECRETARY

25 January 2011

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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