QUBE HOLDINGS LIMITED — Director's Dealing 2012

Nov 14, 2012

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: Qube Logistics Holdings Limited
ABN: 149 723 053

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	Maurice James
Date of last notice	20 October 2011

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 and Indirect
Nature of indirect interest(including registered holder)	Maurice James
Note: Provide details of the circumstances giving rise to the relevantinterest.	Lemacorp Pty Limited
	(holder is accustomed to act in accordancewith directions of director)
	M&L Super Pty Limited
	(trustee of superannuation fund of which
	director is a member)
Date of change	14 November 2012
No. of securities held prior to change	2,000,000 (Maurice James)
	$1,000,855$ (Lemacorp)
	870,000 (M&L Super)
Class	Ordinary
Number acquired	2,000,000 (Maurice James)
Number disposed
Value/Consideration	$1.5448 per share pursuant to the Executive
Note: If consideration is non-cash, provide details and estimatedvaluation	Long Term Incentive Plan

+ See chapter 19 for defined terms.

No. of securities held after change	4,000,000 (Maurice James)1,000,855 (Lemacorp)870,000 (M&L Super)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Purchase of new securities through a limitedrecourse loan in accordance with the terms ofQube's Executive Long Term Incentive Plan

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" shouldbe 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 inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part $3 - +$ Closed period

Were the interests in the securities or contracts detailed Noabove traded during a + closed period where prior writtenclearance was required?
If so, was prior written clearance provided to allow the trade $\parallel N/A$to proceed during this period?
If prior written clearance was provided, on what date was this $\parallel N/A$provided?

+ See chapter 19 for defined terms.