THORNEY OPPORTUNITIES LTD — Director's Dealing 2013

Dec 8, 2013

THORNEY OPPORTUNITIES LTD ACN 080 167 264

ASX Announcement: 9 December 2013

ASX Code: TOP

APPENDIX 3Y: CHANGE OF DIRECTOR’S INTEREST NOTICE(S)

In accordance with ASX Listing Rule 3.19A.2 and as agent for the directors for the purposes of section 205G of the Corporations Act, we attach Appendix 3Y notices for the following directors:

• Alex Waislitz

• Henry Lanzer

Please note these notices have been prepared on a post‐consolidation basis and include any shares issued on 4 December 2013 pursuant to the placement.

Please direct enquiries to:

Craig Smith Company Secretary T: + 61 3 9921 7116

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100

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	THORNEY OPPORTUNITIES LTD
ABN	41 080 167 264

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	Alex Waislitz
Date of last notice	29 November 2013

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Thorney Holdings Pty Ltd and TIGA Trading Pty Ltd
Date of change	4 December 2013
No. of securities held prior to change	Thorney Holdings Pty Ltd TIGA TradingPtyLtd	1,895,277 6,471,578
	Total	8,366,855
Class	Ordinary shares
Number acquired	42,200,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$21.1 million
No. of securities held after change	Thorney Holdings Pty Ltd TIGA Trading Pty Ltd	44,095,277 6,471,578
	Total	50,566,855

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Placement of shares to sophisticated Example: on-market trade, off-market trade, exercise of and professional investors. options, issue of securities under dividend reinvestment plan, participation in buy-back This acquisition was approved by shareholders at the Annual General Meeting held 21 November 2013.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	THORNEY OPPORTUNITIES LTD
ABN	41 080 167 264

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	Henry David Lanzer
Date of last notice	29 November 2013

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Lanzer controls Jemina Lanzer Nominees Pty Ltd
Date of change	4 December 2013
No. of securities held prior to change	Nil
Class	Ordinary shares
Number acquired	100,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$50,000
No. of securities held after change	100,000

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Placement of shares to sophisticated Example: on-market trade, off-market trade, exercise of and professional investors. options, issue of securities under dividend reinvestment plan, participation in buy-back This acquisition was approved by shareholders at the Annual General Meeting held 21 November 2013.

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011