PRL GLOBAL LTD — Director's Dealing 2003

Mar 6, 2003

Asset Backed Holdings Limited ABN 70 006 788 754

Level 2. Troika House 129 Melville Parade, Como Western Australia 6152

Postal: Locked Bag 4 COMO WA 6952

Phone: (618) 9474 1799 Fax: (618) 9474 2281

Email: email@abh.com.au

ASSET BACKED HOLDINGS LIMITED

7 March 2003

BY EMAIL

The Companies Announcement Office Australian Stock Exchange Ltd Level 10 Exchange Centre 20 Bond Street SYDNEY NSW 2000

Dear Sir

APPENDIX 3Z - ANTONY LEONARD RIGOLL

Please find attached Appendix 3Z for Antony Leonard Rigoll.

Yours faithfully

NIELS J KROYER Company Secretary

Enc: Appendix 3Z

Appendix 3Z

Rule 3.19A.3

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	ASSET BACKED HOLDINGS LIMITED
IA BN	70 006 788 754

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 LEONARD RIGOLL
Date of last notice	12 JUNE 2002
Date that director ceased to be director	4 MARCH 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

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.

Number & class of securities

2,255,560 Ordinary Fully Paid Shares - held directly

1,230,343 Ordinary Fully Paid Shares - held by Anstal Investments Pty Ltd (100% controlled by Mr Rigoll)

+ See chapter 19 for defined terms.

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

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.

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 interestNote: Provide details of the circumstances giving rise tothe relevant interest	Number & class of securities
N/A	N/A

Part 3 – Director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities towhich interest relates	N/A

$+$ See chapter 19 for defined terms.