SPENDA LIMITED — Director's Dealing 2018

Jan 14, 2018

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: CIRRALTO	LIMITED
ACN:	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	Marcus L'ESTRANGE
Date of last notice	19 December2017

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)	Raptor Global Corporation Ltd
Note: Provide details of the circumstances giving rise to the relevantinterest.	Marcus L'Estrange and MargaretL'Estrange ATF Cowrie SuperannuationFund
	Mr L'Estrange is a director of Raptor GlobalCorporation Ltd and a joint trustee and abeneficiary of Cowrie Superannuation Fund
Date of change	11 and 12 January 2018
No. of securities held prior to change	36,360,400Shares
	4,212,742Options
Class	Fully paid ordinary shares (Shares)
Number acquired	Nil

+ See chapter 19 for defined terms.

Number disposed	1,946,789 Shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$101,180
No. of securities held after change	34,383,111Shares(Raptor Global)30,500 Shares(Cowrie Super)4,212,742Options
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Shares sold off-market

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 changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

+ See chapter 19 for defined terms.

Part 3 – +Closed period

Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided toallow the trade to proceed during thisperiod?
If prior written clearance was provided, onwhat date was this provided?

+ See chapter 19 for defined terms.