WAM ACTIVE LIMITED — Director's Dealing 2008

Jan 13, 2008

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 WAM ACTIVE LIMITED

ABN 46 126 420 719

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 GEOFFREY J. WILSON Date of last notice 11 January 2008

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.	SUPERANNUATION FUND TRUSTEE OF FAMILY TRUST
**Date of change **	11 January 2008
**No. of securities held prior to change **	1,650,500 ordinary sharesINDIRECT 1,650,500 options INDIRECT
Class	Ordinary shares
Number acquired	15,000 ordinary sharesINDIRECT
**Number disposed **

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director s Interest Notice

Value/Consideration $14,272.52 Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change 1,665,500 ordinary shares INDIRECT 1,650,500 options INDIRECT Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of On-market trades securities under dividend reinvestment plan, participation in buy-back

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.

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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
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002