23rd November 2017

The Manager

Market Announcements Office Australian Securities Exchange Ltd Level 6, Exchange Centre

20 Bridge Street

Sydney NSW 2000

FOR RELEASE TO THE MARKET

Dear Sir / Madam,

Re: AUB CEO Option Plan

Attached for immediate release is the AUB Group Limited (AUB) Appendix 3Y - Change of Director's Interest in Contracts relating to 160,000 securities lapsed under the FY13 CEO Option Plan which have not met the vesting criteria.

Yours faithfully,

Justin Coss Company Secretary

For further information, contact Justin Coss Tel: (02) 9935 2224

justinc@aubgroup.com.au

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 30/09/01 Amended 01/01/11

Name of entity AUB Group Limited

ABN 60 000 000 715

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

Mark Peter Lister Searles

Date of last notice

8th April 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

N/A

Nature of indirect interest (including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

Date of change

No. of securities held prior to change

Class

Number disposed

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

No. of securities held after change

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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

Options

Nature of interest

Direct

Name of registered holder (if issued securities)

Mark Peter Lister Searles

Date of change

23rd November 2017

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

N/A

Interest acquired

N/A

Interest disposed

160,000 options to subscribe for ordinary shares in AUB Group Ltd at nil exercise price lapsed due to not meeting vesting conditions.

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Nil

Interest after change

250,000 options to subscribe for ordinary shares in AUB Group Ltd at nil exercise price.

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?

No

If so, was prior written clearance provided to allow the trade to proceed during this period?

N/A

If prior written clearance was provided, on what date was this provided?

N/A

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

AUB Group Limited published this content on 23 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 November 2017 06:11:02 UTC.

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