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CHALLENGER LIMITED Director's Dealing 2007

Dec 11, 2007

64641_rns_2007-12-11_af2bf2ad-2463-430a-b93e-488ad0c35814.pdf

Director's Dealing

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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 30/9/2001.

Name of entity Challenger Financial Services Group Limited
ABN 85 106 842 371

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 Peter Leith Polson
Date of last notice 6 September 2006

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 Registered holder 1: Peter Leith
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. PolsonandRosemaryPolson as trustees for the AnnettePolson
FamilySuperannuation Fund
Account (“Polson Super Fund”)
Registered holder 2: Mrs Rosemary
Annette Polson (“RA Polson”)
Registered holder 3: Sandhurst
Trustees Ltd, custodian
(“Sandhurst”)
Date of change 2 September 2007
No. of securities held prior to change Polson Super Fund: 75,000
RA Polson:10,000
Sandhurst: 12,000
Class Ordinary Fully Paid
Number acquired Polson Super Fund: 2,500
  • See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number disposed Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation Polson Super Fund: $12,750
No. of securities held after change Polson Super Fund: 77,500RA Polson:10,000Sandhurst: 12,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back On-market trades

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 Nil
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002