THORNEY TECHNOLOGIES LTD — Director's Dealing 2011

Dec 12, 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 AUSTRALIAN RENEWABLE FUELS LIMITED ABN 66 096 782 188

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Mr Julien Phillip Fernand Playoust
Date of last notice	6 July 2011

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	Direct and Indirect Interests
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Fully paid ordinary shares and options held by registered holder AUSTRALIAN ENTERPRISE HOLDINGS PTY LIMITED of which the director is a discretionary beneficiary. (AEH) Options held by JULIEN PF PLAYOUST. Fully paid ordinary shares issued on conversion of options held by MICHELLE K PLAYOUST. (Spouse) Fully paid ordinary shares and options held by J&M PLAYOUST SUPERANNUATION P/L ATF JULIEN AND MICHELLE PLAYOUST SUPERANNUATION FUND (J&M Playoust Super)
Date of change	12 December 2011

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		AEH 191,879,143 Fully paid ordinary shares. 76,751,657 listed options exercisable at $0.01c 25,000,000 options exercisable at $0.01c Michelle K Playoust 11,666,666 Fully paid ordinary shares Julien PF Playoust 5,000,000 options exercisable at $0.02c J&M Playoust Super 20million Fully paid ordinary shares 4,666,666 listed options exercisable at $0.01c
Class		Fully paid ordinary shares Listed and unlisted Options
Number acquired		AEH 76,751,657 Fully paid ordinary shares issued on conversion of listed options. 25,000,000 Fully paid ordinary shares issued on conversion of unlisted options. Michelle K Playoust 333,334 Fully paid ordinary shares purchased on market. J&M Playoust Super 4,666,666 Fully paid ordinary shares issued on conversion of options 15,630,800 Fully paid ordinary shares purchased off market.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed		AEH 15,630,800 Fully paid ordinary shares sold off market. J&M Playoust Super 297,466 Fully paid ordinary shares sold on market.
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation		AEH 76,751,657 listed options exercised at $0.01c for $767,516.57 25,000,000 options exercised at $0.01c for $250,000. 15,630,800 Fully paid ordinary shares sold off market for $300,000. Michelle K Playoust 333,334 Fully paid ordinary shares purchased on market for $5,333.34 J&M Playoust Super 4,666,666 listed options exercised at $0.01c for $46,666.66. 15,630,800 Fully paid ordinary shares purchased off market for $300,000. 297,466 Fully paid ordinary shares sold on market for $4,461.99.
No. of securities held after change		AEH 278,000,000Fully paid ordinary shares Michelle K Playoust 12,000,000Fully paid ordinary shares Julien PF Playoust 5,000,000Options exercisable at $0.02c J&M Playoust Super 40 millionFully paid ordinary shares
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back		On-market trade, off-market trade and exercise of options.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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	Not Applicable
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

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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

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