WATERCO LIMITED — Director's Dealing 2011

Jun 7, 2011

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice (This notice replaces a previous notice with an incorrect consideration figure)

Name of Entity WATERCO LIMITED ABN 62 002 070 733

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 BENJAMIN FRANCIS HUNT

Date of last notice 17-Dec-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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	B.F.Hunt Superannuation Fund
**Date of change **	3/6/2011
No. of securities held prior to change	262,777 B.F.Hunt Superannuation Fund. (indirect)
Class	Ordinary
Number acquired	8,981 B.F.Hunt Superannuation Fund.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$10,507.77
**No. of securities held after change **	271,758 B.F.Hunt Superannuation Fund
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Dividend reinvestment scheme

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

==> picture [201 x 41] intentionally omitted <==

Benjamin Francis Hunt Director

07-Jun-2011