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QUESTE COMMUNICATIONS LIMITED Director's Dealing 2007

Aug 27, 2007

65653_rns_2007-08-27_e5cfa2e0-2c39-4eeb-82cc-503ac980a7ed.pdf

Director's Dealing

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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 30/9/2001.

Name of entity QUESTE COMMUNICATIONS LTD
ABN 58 081 688 164

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 Azhar Chaudhri
Date of last notice 15 August 2007

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

Direct or indirect interest Direct and Indirect Direct and Indirect Direct and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise
to the relevant interest.
Renmuir Holdings Ltd and Chi Tung Investments Ltd is under
the deemed control of Azhar Chaudhri
Date of change
Note: If consideration is non-cash, provide details
and estimated valuation
Date of change Number
acquired
(disposed)
Value/Consideration
21/08/2007 2,000 $634.72
22/08/2007 19,975 $6,339.32
Total 21,975 $6,974.04
No. of securities held prior to change Azhar Chaudhri 10,000 ORD
Renmuir Holdings
Ltd
3,023,352 ORD
Chi Tung
Investments Ltd
1,050,000 ORD
**Sub-Total ** 3,989,250 ORD
Chi Tung
Investments Ltd
20,000,000 Ordinary partly
paid shares
(issued at 20
cents each and
partly paid to one
cent each)
Class Ordinaryfully paid shares(ORD)

Appendix 3Y Change of Director’s Interest Notice

Farooq Khan Queste Communications Ltd

No. of securities held after change Azhar Chaudhri 10,000 ORD
Renmuir Holdings Ltd 3,045,327 ORD
Chi Tung Investments
Ltd
1,050,000 ORD
**Sub-Total ** 4,011,225 ORD
Chi Tung Investments
Ltd
20,000,000 Ordinary partly
paid shares
(issued at 20
cents each and
partly paid to one
cent each)
Nature of change
Example: on-market trade, off-market trade, exercise
of options, issue of securities under dividend
reinvestment plan, participation in buy-back
Acquisition of shares on-market by Renmuir Holdings Ltd

Part 2 – Change of director’s interests in contracts

Detail of contract Not Applicable
Nature of interest Not Applicable
Name of registered holder
(if issued securities)
Not Applicable
Date of change Not Applicable
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
Not Applicable
Interest acquired Not Applicable
Interest disposed Not Applicable
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Not Applicable
Interest after change Not Applicable

Signature of Azhar Chaudhri: � -----------------------------------------------

Date: 28 August 2007

  • See chapter 19 for defined terms. 30/9/2001

Appendix 3Y Page 2