QUANTUM GRAPHITE LIMITED — Director's Dealing 2016

Mar 1, 2016

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

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	Valence Industries Limited
ABN	41 008 101 979

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	Ian StanleySCHACHE
Date of last notice	3 July 2015
Date that director ceased to be director	2 March 2016

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

Nil.

• See chapter 19 for defined terms.

Appendix 3Z Page 1

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Appendix 3Z Final Director’s Interest Notice

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 riseto the relevant interestMr Ian Stanley Schache and MrsKambai Schache as trustees for theSchache Superannuation Fund. MrSchacheandhisspousearetrustees of the trust and MrSchache is a beneficiary of thetrust.	Number & class of securities250,001 fully paid ordinary shares17,858 quoted options with an exercise price of$0.25 and expiry of 31 July 2016.500,000 unquoted options with an exercise priceof $1.10 and expiry of 31 July 2017-vested.

Part 3 – Director’s interests in contracts

Detail of contract	Nil
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities to whichinterest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

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