Maryborough Sugar Factory Limited : Change of Directors Interest Notice - JE Burman

Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

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: MSF Sugar Limited ABN: 11 009 658 708

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	John Edmun BURMAN
Date of last notice	5 April 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	13 January 2012
No. of securities held prior to change	15,024
Class	Ordinary shares
Number acquired
Number disposed	15,024
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$66,856.80
No. of securities held after change	Nil

+ See chapter 19 for defined terms.
11/3/2002 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice Nature of change

Example: on-market trade, off-market trade,

exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back

Acceptance of off market takeover offer by

Mitr Phol

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

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?	Yes
If so, was prior written clearance provided to allow the trade to proceed during this period?	Yes
If prior written clearance was provided, on what date was this provided?	11 Janaury 2012

+ See chapter 19 for defined terms.
Appendix 3Y Page 2 11/3/2002