READCLOUD LIMITED — Director's Dealing 2018

Mar 15, 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	READCLOUD LIMITED
ABN	44 136 815 891

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	Lars Lindstrom
Date of last notice	6 February 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.
Date of change	16 March 2018
No. of securities held prior to change	500,000Fully Paid Ordinary Shares
	5,204,128 Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listing.
	5,500,000 Performance Rights escrowed for24 months from the date of listing
Class	Ordinary Fully Paid Shares
Number acquired	80,000 Ordinary Shares
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$26,766.40

+ See chapter 19 for defined terms.

No. of securities held after change	580,000	Fully Paid Ordinary Shares
		5,204,128 Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listing.
		5,500,000 Performance Rights escrowed for24 months from the date of listing
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	On-market trade

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	-
Nature of interest	-
Name of registered holder	-
(if issued securities)
Date of change	-
No. and class of securities to	-
which interest related prior to
changeNote: 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 contractsdetailed above traded during a +closed period whereprior written clearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

+ See chapter 19 for defined terms.