ORION EQUITIES LIMITED — Director's Dealing 2003

Mar 9, 2003

Rule 3,19A.3

Appendix 3Z

Final 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 CENTRAL EXCHANGE LIMITED
ABN	77 000 742 843

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Antony William Paul Sage
Date of last notice	14 January 2002
Date that director ceased to be director	28 February 2003

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Number of Securities	Class of Securities
5.000
< EGAS Super Account>	Ordinary fully paid shares

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number of Securities	Class of Securities
Okewood Ptv Ltd	10.000	Ordinary fully paid shares

Part 3 - Director's interests in contracts

Detail of contract	None
Nature of interest	Not Applicable
Name of registered holder
(if issued securities)	Not Applicable
No. and class of securities to
which interest relates	Not Applicable

Signature of Director: x-------------------------Date: x-------------------

Consolidated holding after 1:10 share consolidation undertaken by the Company pursuant to shareholder approval on 31 July 2002.