SPENDA LIMITED — Director's Dealing 2011

Jan 13, 2011

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 30/09/01 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	Frank Cannavo
Date of last notice	20/9/10

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Frank Cannavo Investments Pty Ltd Nature of Interest: Director & Shareholder of Frank Cannavo Investments Pty Ltd
Date of change	7 January 2011
No. of securities held prior to change	Ordinary Shares: 11,670,850 Unlisted Options: 5,000,000
Class	Unlisted Options Exercise Price: $0.15 Expiry: 30/11/13
Number acquired	3,000,000
Number disposed	1,500,000 (cancelled)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Non-cash Estimated valuation: $0.01 per option.
No. of securities held after change	Ordinary Shares: 11,670,850 Unlisted Options: 2,500,000 Exercise Price: $0.045 Expiry: 31/12/12 3,000,000 Exercise Price: $0.15 Expiry: 30/11/13 1,000,000 Exercise Price: $0.177 Expiry: 30/11/12
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Option issue - 3,000,00 Option cancellation - (1,500,00)

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 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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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