TASFOODS LIMITED — Director's Dealing 2015

Sep 8, 2015

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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: OnCard International Limited

ABN: 53 084 800 902

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Robert Woolley
Date of appointment	03/09/2015

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

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

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

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 interest Note: Provide details of the circumstances giving rise to the relevant interest. VEF Pty Ltd. Mr Woolley is a director and beneficiary of VEF Pty Ltd.	Number & class of Securities 175,000 ordinary shares

Part 3 – 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	Invitation and acceptance dated 3 September 2015 between the entity and Mr Woolley for Mr Woolley to participate in the entity’s employee share ownership plan
Nature of interest	Subject to shareholder approval in general meeting being obtained, Mr Woolley will be issued 9,500,000 options, each to subscribe for 1 new fully paid ordinary share in the entity. The options will be issued in two tranches: Tranche 1 – 4,750,000 options, each exercisable until 3 September 2019 at an exercise price of $0.21 Tranche 2 – 4,750,000 options, each exercisable until 3 September 2019 at an exerciseprice of$0.42
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	9,500,000 options in 2 tranches, each to subscribe for 1 new fully paid ordinary share in the entity

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002