LawFinance : Initial Director's Interest Notice

Appendix 3X Initial Director's Interest Notice

Appendix 3X

Initial Director's Interest Notice

Rule 3.19A.1

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	LawFinance Limited
	ABN	72 088 749 008
	We (the entity) give ASX the following information under listing rule 3.19A.1 and as
agent for the director for the purposes of section 205G of the Corporations Act.
	Name of Director		Daniel Kleijn
	Date of appointment		8 December 2020

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

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

Appendix 3X

Initial Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: Provide details of the circumstances giving rise
ame of holder & nature of interest	Number & class of Securities
to the relevant interest.	Nil

Part 3 - 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.

	Kleijn has been appointed Chief Executive
Detail of contract	As announced on 9 and 11 December 2020, Mr
	Officer and Managing Director of LawFinance
	Limited.
	Under the terms of Mr Kleijn's appointment as
	Chief Executive Officer and Managing Director,
	he is entitled to receive $575,000 p.a.
	(inclusive of superannuation) and will receive
	a grant of 45,833,333 unlisted options subject
	to shareholder approval.
	Mr Kleijn has also subscribed for 2,700,000
	fully paid ordinary shares of the Company
	pursuant to the placement announced on 11
	December 2020. The issue of the shares under
	the placement is subject to shareholder
Nature of interest	approval.
	options to acquire fully paid ordinary shares of
	Mr Kleijn will receive 45,833,333 unlisted
	the Company, subject to shareholder approval.
	The unlisted options will have an exercise price
	of A$0.049, will vest 3 years from the date of
	issue and expire 1 year from the date on which
	they vest.
	Mr Kleijn will be issued 2,700,000 fully paid
	ordinary shares of the Company at an issue
	price of A$0.025 per share, subject to
Name of registered holder	shareholder approval.
(if issued securities)	N/A

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

		Appendix 3X
		Initial Director's Interest Notice
		options (subject to shareholder approval being
	No. and class of securities to which	2,700,000 Shares nd 45,833,333 unlisted
	interest relates
		obtained).

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