RIVCO AUSTRALIA LTD — Director's Dealing 2017

Oct 25, 2017

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	Duxton Water Limited
ABN	611 976 517

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	Peter Michell
Date of last notice	10 April 2017

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.	(a)MutualTrustPtyLtdascustodianforPJMSuperannuationNominees PtyLtdATFPeterMichellSuperannuation Fund(b)MutualTrustPtyLtdascustodian for East StoneleighPty Ltd
Date of change	20 October 2017

+ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

No. of securities held prior to change
	Direct
	nil
	Indirect(a)Mutual Trust Pty Ltd as custodian forPJM Superannuation Nominees Pty LtdATF Peter Michell Superannuation Fund10,000 Fully Paid Ordinary Shares10,000 Options expiring 31 May 2018at $1.10 each(b) Mutual Trust Pty Ltd as custodian forEast Stoneleigh Pty Ltd440,000 Options expiring 31 May 2018at $1.10 each
Class	Ordinary Shares
Number acquired	90,000 (a)
	210,000(b)
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$1.0439 per share
No. of securities held after change	Direct
	nil
	Indirect
	(a)Mutual Trust Pty Ltd as custodian forPJM Superannuation Nominees Pty LtdATF Peter Michell Superannuation Fund100,000 Fully Paid Ordinary Shares10,000 Options expiring 31 May 2018at $1.10 each(b) Mutual Trust Pty Ltd as custodian forEast Stoneleigh Pty Ltd210,000 Fully Paid Ordinary Shares440,000 Options expiring 31 May 2018at $1.10 each
	*Mr Michell also holds an indirect noncontrollinginterestintheCompany'ssubstantial shareholders: Duxton VineyardsWater Pty Ltd and Duxton Vineyards Pty Ltd.

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-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
in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, providedetails and an estimated valuation
Interest after change

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?	n/a
If prior written clearance was provided, on what date was thisprovided?	n/a

+ See chapter 19 for defined terms.