SDI LIMITED — Director's Dealing 2005

Nov 1, 2005

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: SDI Limited ABN: 27 008 075 581

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	Gabrielle Mary McCorkell
Date of last notice	3 December 2004

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 to the relevant interest.	Director of Gaywin Pty Ltd who has share ownership as Trustee for the McCorkell Family Trust & Winfrey Super Fund
Date of change	21 October 2005
No. of securities held prior to change	550,000
Class	Ordinary
Number acquired	1,252
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1,252 Shares, \$1,089.24
No. of securities held after change	551,252

⁺ See chapter 19 for defined terms.

Nature of change Example: cn-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back-	Issue of shares under dividend reinvestment plan.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------	------------------------------------------------------

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 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

⁺ See chapter 19 for defined terms.