SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Director's Dealing 2009

Apr 28, 2009

Appendix 3Y Change of Director’s Interest Notice

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 Southern Cross Electrical Engineering Limited ABN 92 009 307 046

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	Stephen Thomas Pearce
Date of last notice	5thMarch 2009

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	29thApril 2009
No. of securities held prior to change	33,250 ordinary shares
Class	Employee options
Number acquired	1,500,000 employee options
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$nil
No. of securities held after change	33,250 ordinary shares 1,500,000 employee options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options issued under the Southern Cross Electrical Engineering Limited Senior Management Long Term Incentive Plan

Part 2 – Change of director’s interests in contracts

Appendix 3Y Change of Director’s Interest Notice

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