RAIZ INVEST LIMITED — Director's Dealing 2018

Nov 21, 2018

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	RAIZ INVEST LIMITED	(ASX: RZI)
ABN	74 615 510 177

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	GEORGE SIMON LUCAS
Date of last notice	9 October 2018

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 relevantinterest.	Not applicable
Date of change	22 November 2018
No. of securities held prior to change	Total of 6,704,851Shares, held as follows:•10,000, held personally by Mr GeorgeSimon Lucas;•336,513Ordinary Shares, held by G &S LUCAS PTY LTD <g &="" lucas<br="" s="">SUPER FUND>; and•6,358,338Ordinary Share, held byBBH-GLNOMINEESPTYLTD<back &="" back<br="" beach="" ltd="" pty="">BEACH FAMILY A/C>
Class	Ordinary Shares
Number acquired	5,000 shares

+ See chapter 19 for defined terms.

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	5,000 @ $0.597 per share
No. of securities held after change	6,709,851 Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	On-market purchase by G&S Lucas PtyLtd <g &="" fund="" lucas="" s="" super=""> of 5,000Shares

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	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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Not applicable

+ See chapter 19 for defined terms.

If prior written clearance was provided, on what date was	Not applicable
this provided?

+ See chapter 19 for defined terms.