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Published on Monday, 8 October 2007

Change of Director’s Interest Notice

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 VIETNAM INDUSTRIAL INVESTMENTS LIMITED
ABN 64 063 656 333

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 ALAN ALEXANDER YOUNG
Date of last notice 22 April 2005

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 and INDIRECT
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.

BAYRUNNER PTY LTD

Mr Alan Young is a director and shareholder of Bayrunner Pty Ltd which is deemed to have a relevant interest in the VII shares held by that company.

Date of change 25 SEPTEMBER 2007
No. of securities held prior to change Alan Young a/c Family Trust 100,000
Bayrunner Pty Ltd 2,987,000
Class ORDINARY
Number acquired N/A
Number disposed 3,087,000
Value/Consideration $524,790
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change NIL
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back Off-market trade following acceptance of Cobyns’ offer

Part 2 – Change of director’s interests in contracts - NIL

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
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