SPENDA LIMITED — Director's Dealing 2011

Jan 13, 2011

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 30/09/01 Amended 01/01/11

Name of entity: Motopia Limited
ABN: 67 099 084 143

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	Terence Wong
Date of last notice	3/8/10

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:Providedetailsofthecircumstancesgivingrisetotherelevant interest.
Date of change	7 January 2011
No. of securities held prior to change	Nil
Class	Unlisted OptionsExercise Price: $0.15Expiry: 30 November 2013
Number acquired	500,000

+ See chapter 19 for defined terms.

Number disposed	Nil
Value/ConsiderationNote:Ifconsiderationisnon-cash,provide details and estimated valuation	Non-cashEstimatedvaluation:$0.01peroption.
No. of securities held after change	Unlisted Options:500,000Exercise Price: $0.15Expiry: 30/11/13
Nature of changeExample: on-market trade, off-markettrade,exerciseofoptions,issueofsecurities under dividend reinvestmentplan, participation in buy-back	Option issue

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
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote:Detailsareonlyrequiredforacontractinrelation to which the interesthas changed

+ See chapter 19 for defined terms.

Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is noncash, provide details and anestimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contractsdetailed above traded during a +closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?
If prior written clearance was provided, on whatdate was this provided?

+ See chapter 19 for defined terms.