QUANTUM GRAPHITE LIMITED — Director's Dealing 2015

Jul 2, 2015

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 30/09/01 Amended 01/01/11

Name of entity	Valence Industries Limited
ABN	41 008 101 979

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	Ian DavidPATTISON
Date of last notice	20 January 2015

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.	Mr Pattison has a beneficial interest in eachof the entities holding securities in thecompany.
Date of change	2 July 2015

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. o	f securities held prior to cha	nge
Chim	aera Capital Limited <	Beas Investments	150,000 Shares
Pty L	td A/C>		200,000 Listed O75,000Unlisted	ptionsOptions
Chim	aera Capital Limited <	Ian Pattison ATF	1,950,000 Shares
AEP	No 3 Testamentary Trus	t A/C>	2,150,000 Listed1,075,000 Unliste	Optionsd Options
Ian P	attison and Katherine F	orrest ATF Sylvan	1,440,000 Shares1300000 Lid	Oi
Supe	rannuation Fund		,, ste	ptons
ChimKathF	aera Capital Limited <erine Forrest ATF SylvaA/C	Ian Pattison andn Superannuation	500,000 Unlisted	Options
unChi	>aera Caital Limited <	Inverare Pt Ltd	450000 Shares
ATF	pKilchurn Trust A/C>	y y	,450,000 Listed O225000 Unlisted	ptionsOptions
Inver	arey Pty Ltd <Kilchurn T	rust A/C>	,180,000 Listed O	ptions
Fudd	y Pty Ltd ATF Pattiso	n Superannuation	600,000 Shares
Fund			600,000 Listed O	ptions
Class			Shares - fully pai	d ordinary shar	es.
			Listed Options -cents and expiry	with exercisof 31 July 2016	e price of 25.
			Unlisted Options	- with exercis	e price of 25
			cents and expiry	of 31 July 201	.
Num	ber acquired		765,000 Shares382,500 Listed O	ptions (free att	aching)
Num	ber disposed		Nil
ValueNote:	/ConsiderationIf consideration is non-cash provi	de details and estimated	$221,850.00
valuati	,on

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change
Chimaera Capital Limited <Beas Investments	232,500	Shares
Pty Ltd A/C>	241,250	Listed Options
	75,000	Unlisted Options
Chimaera Capital Limited <Ian Pattison ATF	2,217,500 Shares
AEP No 3 Testamentary Trust A/C>	2,283,750 Listed Options
	1,075,000 Unlisted Options
Ian Pattison and Katherine Forrest ATF SylvanSuperannuation Fund	1,680,000 Shares1,420,000 Listed Options
Chimaera Capital Limited <Ian Pattison and	500,000	Unlisted Options
Katherine Forrest ATF Sylvan Superannuation
Fund A/C>
Chimaera Capital Limited <Inverarey Pty Ltd	525,000	Shares
ATF Kilchurn Trust A/C>	487,500	Listed Options
	225,000	Unlisted Options
Inverarey Pty Ltd <Kilchurn Trust A/C>	180,000	Listed Options
Fuddy Pty Ltd ATF Pattison Superannuation	700,000	Shares
Fund	650,000	Listed Options
Nature of change	Issue of	full entitlement under the Company’s
Example: on-market trade, off-market trade, exercise of options,	renounceable rights issue.
issue of securities under dividend reinvestment plan, participation in
buy-back

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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.

==> picture [434 x 319] intentionally omitted <==

----- Start of picture text ----- Detail of contract Not ApplicableNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Not applicable above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011