PHOSCO LTD — Director's Dealing 2012

Jan 8, 2012

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 CELAMIN HOLDINGS NL ABN 82 139 255 771

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	David Regan
Date of last notice	05/11/2010

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change		4 January 2012
No. of securities held prior to change		Direct:1,362,806 Fully Paid Ordinary Shares2,725,613 Listed 31 March 2014 Optionsexercisable @ 20c4,088,421 Partly Paid shares with an unpaidamount of$0.10 (10cents).
Class		Fully Paid Ordinary SharesPartly Paid Shares
Number acquired		2,000,000 Ordinary Shares
Number disposed		2,000,000 Partly Paid Shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		$200,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Direct:3,362,806 Fully Paid Ordinary Shares2,725,613 Listed 31 March 2014 Optionsexercisable @ 20c2,088,421 Partly Paid shares with an unpaidamount of $0.10 (10 cents).
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		Partly paid shares with amounts paid up infull have become fully paid ordinary shares.

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

	Part 3 –+Closed period	Part 3 –+Closed period
	Were the interests in the securities or contracts detailedabove traded during a+closed period where priorwritten clearance was required?		NO
	If so, was prior written clearance provided to allow the		N/A
trade to proceed during this period?If prior written clearance was provided, on what datewas this provided?N/A	trade to proceed during this period?
	If prior written clearance was provided, on what datewas this provided?		N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 3