STREAMPLAY STUDIO LIMITED — Director's Dealing 2007

Dec 20, 2007

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2 Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

GIPPSLAND LIMITED ABN 31 004 766 376

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.

205G of the Corporations Act.
Name of Director	John M Chisholm
Date of last notice	22 November 2006

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.

GIPPSLAND	LIMITED	LIMITED
ABN 31 004
	66 376
	give ASX the following information under listing rule 3.19A.rporations Act.		2 and as agent for the director for the purposes of section
Name of Dir	ector	John M Chi	sholm
Date of last	notice	22 Novemb	er 2006
	e of director’s relevant interests in securitiesst, this includes interests in the trust made available by the responsible entcompany, interests which come within paragraph (i) of the definition of “notifiable inte		ity of the trustrest of a director” should be disclosed in this part.
Direct or ind	irect interest	Indirect Inte	rest
Nature of in(including reNote: Provide deta	direct interestgistered holder)ils ofthe circumstances givingrise to therelevantinterest.	Being a dirBeing a dir	ector and shareholder of Mandu Pty Ltdector of Mandu Superannuation Fund P/L
Date of chan	ge	21 Decemb	er 2007
No. of secur	ities held prior to change	Mandu PtyMandu Sup	Ltd:100,000 Fully paid ordinary shareserannuation Fund Pty Ltd:60,000 Fully paid ordinary shares, and2,260,000 Listed Options exercisable at 9cents by 31 Dec 2007
Class
Number acq	uired	2,260,000	Fully paid ordinary shares
Number disp	osed/expired	2,260,000	Listed Options, converted
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		$203,400 ($0.09 per share)
No. of securities held after change		Mandu Pty Ltd:100,000 Fully paid ordinary sharesMandu Superannuation Fund Pty Ltd:2,320,000 Fully paid ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back		Exercise of Listed Options

• See chapter 19 for defined terms.

ASX App3y JMC 071221.doc

Appendix 3Y Page 1