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SCIDEV LTD Director's Dealing 2008

May 8, 2008

65761_rns_2008-05-08_f8e933d4-5bef-4c3c-b8eb-aea5774091a3.pdf

Director's Dealing

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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 Intec Ltd
ABN 25 001 150 849

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 Kieran Gregory Rodgers
Date of last notice 17 August 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 Direct: Mr Kieran Gregory Rodgers
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest. Not relevant to this change
Date of change 8 May 2008
No. of securities held prior to change 263,464 ordinary shares (indirect)427,520 unquoted employee options (expiry date 26November 2008; exercise price $0.10) (indirect)475,673 unquoted employee options (expiry date 24February 2010; exercise price $0.069) (indirect)900,000 unquoted employee options (expiry date 30August 2011; exercise price $0.11) (indirect)
Class Ordinary shares
Number acquired 100,000
Number disposed Nil
  • See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration $8,590
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change 100,000 ordinary shares (direct)
263,464 ordinary shares (indirect)
427,520 unquoted employee options (expiry date 26
November 2008; exercise price $0.10) (indirect)
475,675 unquoted employee options (expiry date 24
February 2010; exercise price $0.069) (indirect)
900,000 unquoted employee options (expiry date 30
August 2011; exercise price $0.11) (indirect)
Nature of change On-market purchase
Example: on-market trade, off-market trade, exercise of
options, issue of securities under dividend reinvestment plan,
participation in buy-back

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
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: 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, provide details and an
estimated valuation
**Interest after change **

Note

In addition to the above options, and as announced to ASX on 15 February 2008, Mr Rodgers has 1,200,000 options granted under the Intec Option Plan, which have an exercise price of 15 cents per share and an expiry date of 25 September 2012. These options will not vest, and may not be exercised, until the Trigger Price Threshold of 25 cents is met. To meet the Trigger Price Threshold, the price of Intec Ltd shares traded on the ASX must have closed above 25 cents for 20 consecutive trading days or Intec Ltd must have received a bona fide offer for a majority or all of its shares whether by takeover or scheme of arrangement.

  • See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002