Appendix 3Y

Change of Director’s Interest Notice

Name of entity PHYLOGICA LIMITED ABN 48 098 391 961

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	PAUL MICHAEL WATT
Date of last notice	17 MARCH 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	INDIRECT
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	PAUL MICHAEL WATT AND MARIA DEL PILAR ENRIQUEZ-WATT ATF THE BRAINCHILD SUPER FUND INTEREST: TRUSTEE & FUND BENEFICIARY
Date of change	4 OCTOBER 2010
No. of securities held prior to change	DIRECT 4,044,123 ORDINARY SHARES INDIRECT 922,908 ORDINARY SHARES 20,000 CONVERTIBLE NOTES
Class	ORDINARY SHARES and OPTIONS
Number acquired	987,767 SHARES AND 987,767 OPTIONS
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	5 cents per share
No. of securities held after change	DIRECT 4,044,123 ORDINARY SHARES INDIRECT 1,910,675 ORDINARY SHARES 20,000 CONVERTIBLE NOTES 987,767 LISTED OPTIONS

Nature of change RIGHTS ISSUE Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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
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

See chapter 19 for defined terms.

Appendix 3Y Page

11/3/2002

Appendix 3Y

Change of Director’s Interest Notice

Name of entity PHYLOGICA LIMITED ABN 48 098 391 961

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	NICHOLAS WOOLF
Date of last notice	23 SEPTEMBER 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 relevant interest.
Date of change	4 OCTOBER 2010
No. of securities held prior to change	300,000 SHARES
Class	ORDINARY SHARES
Number acquired	300,000 SHARES
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	4.95 cents per share
No. of securities held after change	600,000 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 PURCHASE

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

See chapter 19 for defined terms.

Appendix 3Y Page

11/3/2002

Appendix 3Y