ASX:AU1 · 27 March 2017

Change of Director's Interest Notice

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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          AUSNET FINANCIAL SERVICES LIMITED
ABN                      118 913 232

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                                           Ross Cotton

 Date of last notice                                        20 December 2016

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                                                Richmond Food Systems Pty Ltd ATF the
 (including registered holder)                                              Montery Trust
 Note: Provide details of the circumstances giving rise to the relevant
 interest.                                                                  (Beneficiary)

 Date of change                                                             21 March 2017

 No. of securities held prior to change                                     DIRECT
                                                                            8,000,000 Performance Shares

                                                                            INDIRECT
                                                                            5,400,000 Ordinary Shares
                                                                            2,500,000 Options, exercisable at 15 cents
                                                                                     expiring 30 Apr 2019

 Class                                                                      Fully paid ordinary shares

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y
Change of Director’s Interest Notice

 Number acquired                                                          Nil.

 Number disposed                                                          Nil.

 Value/Consideration                                                      Nil
 Note: If consideration is non-cash, provide details and estimated
 valuation

 No. of securities held after change,                                     DIRECT
                                                                          8,000,000 Performance Shares

                                                                          INDIRECT
                                                                          2,500,000 Ordinary Shares
                                                                          2,500,000 Options, exercisable at 15 cents
                                                                                   expiring 30 Apr 2019
                                                                          Held by Richmond Food Systems Pty Ltd
                                                                          ATF the Montery Trust

                                                                          2,900,000 Ordinary Shares
                                                                          Held by Gleneagle Securities Nominees Pty
                                                                          Ltd
                                                                          (of which Richmond Food Systems Pty Ltd
                                                                          ATF the Montery Trust is a Beneficiary)

 Nature of change                                                         Off Market Transfer of 2,900,000 Ordinary
 Example: on-market trade, off-market trade, exercise of options,
 issue of securities under dividend reinvestment plan, participation in   Shares pursuant to a security lending
 buy-back                                                                 agreement

+ See chapter 19 for defined terms.

Appendix 3Y Page 2                                                                                       01/01/2011

                                                                                                    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                                         Not applicable.

 Name of registered holder                                  Not applicable.
 (if issued securities)

 Date of change                                             Not applicable.

 No. and class of securities to which Not applicable.
 interest related prior to change
 Note: Details are only required for a contract in
 relation to which the interest has changed

 Interest acquired                                          Not applicable.

 Interest disposed                                          Not applicable.

 Value/Consideration                                        Not applicable.
 Note: If consideration is non-cash, provide details
 and an estimated valuation

 Interest after change                                      Not applicable.

Part 3 – +Closed period

 Were the interests in the securities or contracts detailed No.
 above traded during a +closed period where prior written
 clearance was required?
 If so, was prior written clearance provided to allow the trade Not applicable.
 to proceed during this period?
 If prior written clearance was provided, on what date was this Not applicable.
 provided?

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3