PENGANA CAPITAL GROUP LIMITED — Director's Dealing 2008

Oct 28, 2008

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 HUNTER HALL INTERNATIONAL LIMITED ABN 43 059 300 426

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	PETER HALL
Date of last notice	19 September 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 and Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	11,604,998ord shares – in name of Hampshire Assets and Services Pty Ltd 47,000ord shares – in name of Zeppelin Investments Pty Ltd.
Date of change	28thOctober 2008.
No. of securities held prior to change	11,504,998ord shares – in name of Hampshire Assets and Services Pty Ltd 47,000ord shares – in name of Zeppelin Investments Pty Ltd. 20,000ord shares – direct holding Total: 11,571,998 ord shares
Class	ORDINARY SHARES
Number acquired	100,000

• See chapter 19 for defined terms.

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11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed		nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$551,512.50 (an average price of $5.50 per share)
No. of securities held after change		11,604,998ord shares – in name of Hampshire Assets and Services Pty Ltd 47,000ord shares – in name of Zeppelin Investments Pty Ltd. 20,000ord shares – direct holding Total: 11,671,998 ord shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		On-market trade

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

Dated: 29 October 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002