Ongoing Disclosure Notice (Mike Parsell)

Ongoing Disclosure Notice
Disclosure of Directors and Officers Relevant Interests
Section 19T(2), Securities Markets Act 1988

A Details of director or officer
Name of director or officer of public issuer: Michael Robin Parsell
Name of public issuer: Michael Hill International Limited
Name of related body corporate (if applicable): N/a
Position held in public issuer: Chief Executive Officer/Director

B Securities in public issuer or any related body corporate in which director or officer has relevant interest
Number, class, and type of securities: 1 (1) 6,449,890 ordinary shares; (2) 3,560,250 ordinary shares; (3) 3,200,000 options to acquire ordinary shares ('Options')

C Nature of relevant interest and name of registered holder
Nature of relevant interest in securities: 2 Beneficial ownership
Name of registered holder of securities 3 (1) Michael Robin Parsell; (2) Rosanne Laurel Parsell; (3) Michael Robin Parsell

D Details of acquisitions and disposals
If the relevant interest was acquired—
Date of acquisition: 4 17/10/11-25/10/11
Consideration paid for acquisition: 5 $487,064

If the relevant interest was disposed of—
Date of disposal: 6
Consideration paid for disposal: 7

Type of transaction
Describe the arrangement pursuant to which, or the circumstances in which, the acquisition or disposal took place: 8 Purchase on market of 590,000 ordinary shares.

E Total number of transactions this notice relates to: 9 2

F Date of last disclosure notice (whether in form 1 or form 2) by the director or officer: 10 19-Sep-11

G Signature
Signature of director or office:
Date of signature:
or
Signature of person authorised to sign on behalf of director or office:
Date of signature: 31-Oct-11
Name and title of authorised person: Wayne Butler, Company Secretary