STREAMPLAY STUDIO LIMITED — Director's Dealing 2010

Nov 25, 2010

Appendix 3Z

Rule 3.19A.3

Final 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 30/9/2001.

Name of entity	GIPPSLAND LIMITED
ABN	31 004 766 376

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	ROBERT JOHN TELFORD
Date of last notice	26 OCTOBER 2010
Date that director ceased to be director	25 NOVEMBER 2010

Part 1 – Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

+ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstancesgiving rise to the relevant interest	Number & class of securities
Shares held by Eco International PtyLtd.	11,627,985Ordinary fully paid shares
Shares held by RJ & RK Telford astrustees of the Telford SuperannuationFund.	6,869,461Ordinary fully paid shares
Officer Options exercisable at 15 centsby31May2012heldbyEcoInternational Pty Ltd.	5,000,000Officer Options

Part 3 – Director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

+ See chapter 19 for defined terms.