SAFEROADS HOLDINGS LIMITED — Director's Dealing 2010

Nov 21, 2010

Appendix 3Y Change of Director’s Interest Notice

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	Saferoads Holdings Limited
ABN	81 116 668 538

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	Darren John HOTCHKIN
Date of last notice	20 October 2010

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	Both Direct & Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	1,000,000 shares were held by spouseof Mr D J Hotchkin ( J Hotchkin)143,875 shares were held by GipsyCreek Super Fund of which both Mr DJ Hotchkin and Mrs A J Hotchkin aretrustees.
Date of change	22 November 2010
No. of securities held prior to change	4,048,900 - Direct1,000,000 - Indirect - Held by spouse143,875 - Indirect - Held by GipsyCreek Super fund Account
Class	Ordinary
Number acquired	5,048,900
Number disposed	5,048,900
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Value of trade was $0.34 per share.Net value of transaction was $Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Zero - DirectZero - Indirect - Held by spouse5,192,775 - Indirect - DJ & AJHotchkin as trustees for Gipsy CreekSuper fund Account
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of securitiesunder dividend reinvestment plan, participation in buy-back	Off-market transfer from AJ Hotchkin(held by spouse - indirect interest) andfrom DJ Hotchkin (Direct Interest) toDJ & AJ Hotchkin as trustees for theGipsy Creek Superannuation Fund(Indirect Interest)

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	N/a
Nature of interest	N/a
Name of registered holder(if issued securities)	N/a
Date of change	N/a
No. and class of securities to which interest relatedprior to changeNote: Details are only required for a contract in relation to which the interest haschanged	N/a
Interest acquired	N/a
Interest disposed	N/a
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimated valuation	N/a
Interest after change	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002