PHOSLOCK ENVIRONMENTAL TECHNOLOGIES LIMITED — Director's Dealing 2012

Apr 17, 2012

Appendix 3Y

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

Name of entity	PHOSLOCK WATER SOLUTIONS LTD
ABN	88 099 555 290

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	LAURENCE STEPHEN FREEDMAN
Date of last notice	7 MARCH 2012

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 relevantinterest.	LINK TRADERS (AUST) PTY LTDOf which the Director is a director
Date of change	17 APRIL 2012
No. of securities held prior to change	39,091,620
Class	FULLY PAID ORDINARY SHARES
Number acquired	100,000
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$7,082.50 ($0.071 cps)
No. of securities held after change	39,191,620
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	ON – MARKET TRADE

+ See chapter 19 for defined terms.

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and anestimated valuation
Interest after change	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	NO
above traded during a +closed period where prior writtenclearance was required?
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.