STREAMPLAY STUDIO LIMITED — Director's Dealing 2012

Sep 9, 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:	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.

Name of Director	IAN GANDEL
Date of last notice	21 March 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.

disclosed in thispart.
Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	Being a director and shareholder of Abbotsleigh PtyLimited as trustee for the I Gandel Share InvestmentTrust
Date of change	7 September 2012
No. of securities held prior tochange	IndirectOrdinary shares328,601,392
Class	Ordinary shares.
Number acquired	140,829,168 ordinary shares
Numberdisposed/expired/converted	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$844,975.01 ($0.006/share)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	IndirectOrdinary shares469,430,560
Nature of changeExample: on-market trade, off-markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy-back	Subscription for shares pursuant to rights issue

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	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A	N/A
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 acontract in relation to which the interesthas changed
	est related prior to changeDetails are only required forct in relation to which the interaned
		aest
	g
Inter	est acquired
Inter
	est disposed
ValuNote:details
	/Considerationf d h	d
	I consieration is non-cas, proviand an estimated valuation	e
Inter	est after change
	+ld d
	3 –Cose perio

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 thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011