TZ LIMITED — Director's Dealing 2010

Dec 22, 2010

TZ Limited ABN 26 073 979 272

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23 December 2010

Lodged by ASX Online

The Manager Company Announcements Office ASX Ltd. Level 4, 20 Bridge Street Sydney, NSW 2000

Dear Sir/Madam

APPENDIX 3Y

Please find attached an Appendix 3Y form (change of director's interest notice) for each of Mr Mark Bouris and Mr Kenneth Ting.

Yours faithfully, TZ LIMITED

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Kenneth Ting

Company Secretary and Executive Director

Chicago (Operational Headquarters) 520 West Erie Street, Suite 100 Chicago, IL 60654 United States

Sydney (Registered Office) Level 11, 1 Chifley Square Sydney, NSW 2000 Australia

ASX: TZL Web: www.tz.net Email: info@tz.net

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 30/9/2001.

Name of entity	TZ LIMITED
ABN	26 073 979 272

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	Mark Leigh Bouris
Date of last notice	15 October 2010

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		21 December 2010
No. of securities held prior to change		Direct • 800,000 issued under the terms of TZ Limited’s Director and Executive Equity Plan ("Rights"). • 3,000,000 Options Issued under the terms of TZ Limited’s Director and Executive Equity Plan ("Options"). • 800,000 ordinary fully paid shares ("Shares"). Indirect 21,300
Class		Ordinary fully paid shares

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired		266,667 Shares
Number disposed		NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$93,333.45
No. of securities held after change		Direct • 800,000 Rights. • 3,000,000 Options. • 1,066,667 Shares. Indirect • 21,300 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		Issue of securities under 1 for 3 renounceable 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 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

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 30/9/2001.

Name of entity	TZ LIMITED
ABN	26 073 979 272

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	Kenneth Ting
Date of last notice	15 October 2010

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		21 December 2010
No. of securities held prior to change		Direct • 600,000 Rights issued under the terms of TZ Limited’s Director and Executive Equity Plan (“Rights”). • 2,250,000 Options Issued under the terms of TZ Limited’s Director and Executive Equity Plan (“Options”). • 690,975 ordinary fully paid shares (“Shares”). Indirect Nil
Class		Ordinary fully paid shares.

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired		310,000 Shares
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$108,500
No. of securities held after change		Direct • 600,000 Rights. • 2,250,000 Options. • 1,000,975 Shares. Indirect Nil
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Issue of securities under 1 for 3 renounceable 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 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002