SIV CAPITAL LIMITED — Director's Dealing 2017

Jun 15, 2017

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	SILVER CHEF LIMITED
ABN	28 011 045 828

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	Allan English
Date of last notice	1 July 2016

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.	Beneficiary / power to control voting anddisposal of securities
Date of change	14 and 15 June 2017
No. of securities held prior to change	8,941,341 (refer page 3)
Class	Ordinary shares
Number acquired	Refer page 3
Number disposed	Refer page 3
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Refer page 3
No. of securities held after change	8,941,341 (refer page 3)
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	OffmarkettradewithinEnglishfamilyassociated entities

Rule 3.19A.2

+ See chapter 19 for defined terms.

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	Not applicable
Name of registered holder(if issued securities)	Not applicable
Date of change	Not applicable
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contractin relation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date wasthis provided?	Not applicable

Don Mackenzie Company Secretary 16 June 2017

+ See chapter 19 for defined terms.

English family Movement in holdings

	Mr AJ Englishand Mrs TWEnglish <atfTessana SuperFund A/C></atf	Tessana PtyLtd <a english<br="">Family A/C>	Mr A J Englishand Mrs TWEnglish	English FamilyFoundation<english fam<br="">FoundationA/C>	Total
Shares
Balance 27 June 2016	291,385	4,149,956	0	4,500,000	8,941,341
# 1 Transfer 14 June 2017	0	(150,000)	150,000	0	0
# 2 Transfer 15 June 2017	0	0	(150,000)	150,000	0
Balance 15 June 2017	291,385	3,999,956	0	4,650,000	8,941,341
Consideration ($)
# 1 Transfer		1,080,000
# 2 Transfer			1,060,500

+ See chapter 19 for defined terms.