REDIVIUM LIMITED — Director's Dealing 2008

Apr 2, 2008

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	Hannans Reward Limited
ABN	52 099 862 129

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	Frank Cannavo
Date of last notice	29 November 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

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	(i) Direct(ii) Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Frank Cannavo Investments Pty Ltd –F Cannavo and his spouse Mrs E Cannavoare directors of this company.
Date of change	28 March 2008
No. of securities held prior to change	(i) 1,200,000 ordinary fully paid shares.(i) 250,000 options exercisable at 20 centson or before 2 May 2008.(ii) 750,000 Director options exercisable at80 cents on or before 30 June 2011.(ii) 750,000 Director options exercisable at80 cents on or before 30 June 2012.(ii) 750,000 Director options exercisable at80 cents on or before 30 June 2013.
Class	Ordinary fully paid shares

+ See chapter 19 for defined terms.

Number acquired	(a) 1,200,000 transferred from direct holdingto indirect holding.(b)51,559transferredfromspousetoindirect holding.
Number disposed	1,200,000 transferred from direct holding toindirect holding.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil – transfer of holdings from direct toindirect. Same beneficial owners.
No. of securities held after change	(i) 250,000 options exercisable at 20 centson or before 2 May 2008.(ii) 1,251,559 ordinary fully paid shares.(ii) 750,000 Director options exercisable at80 cents on or before 30 June 2011.(ii) 750,000 Director options exercisable at80 cents on or before 30 June 2012.(ii) 750,000 Director options exercisable at80 cents on or before 30 June 2013.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Off-market transfer moving shares fromdirect holdings to indirect holding – samebeneficial owners.

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

F Cannavo – 2 April 2008

+ See chapter 19 for defined terms.