SPRINTEX LIMITED — Director's Dealing 2012

Jan 11, 2012

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	Sprintex Limited
ABN	38 106 337 599

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	Steven Apedaile
Date of last notice	5 January 2012

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	a) SJ & ML Apedaile
(including registered holder)	b) Powertraveller Pty Ltd
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	6 & 11 January 2012
No. of securities held prior to change	Direct
	13,643,452 Ordinary Shares
	3,711,682 Options 8 cents exp 30/06/12
**Note:**Opening balances on this notice are different than	1,250,000 Class A Performance Rights
closing balances on the previous notice for the following	1,250,000 Class B Performance Rights
reasons:	1,250,000 Class C Performance Rights
a) On 14 July 2011, 16,050,000 were transferred	1,250,000 Class D Performance Rights
off market from Direct to Indirect holdings.
**b) **On 1 April 2011, Indirect Purchases were	Indirect
incorrectly reported and were overstated by	a) 71,773,729 Ordinary Shares
50,000 Shares.	2,726,440 Options 8 cents exp 30/06/12
Class	Ordinary Shares
Number acquired	250,000 Ordinary Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$7,500
No. of securities held after change	Direct13,643,452 Ordinary Shares3,711,682 Options 8 cents exp 30/06/121,250,000 Class A Performance Rights1,250,000 Class B Performance Rights1,250,000 Class C Performance Rights1,250,000 Class D Performance RightsIndirecta) 72,023,729 Ordinary Shares2,726,440 Options 8 cents exp 30/06/12
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market purchase

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	-
Nature of interest	-
Name of registered holder(if issued securities)	-
Date of change	-
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	-
Interest after change	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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 the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3