Microsoft Word - Appendix 3Y - M Fitzgibbon _December 14

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 nib holdings ltd

ABN 51 125 633 856

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 Fitzgibbon

Date of last notice

21 October 2014

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.

N/A

Date of change

N/A

No. of securities held prior to change

N/A

Class

N/A

Number acquired

N/A

Number disposed

N/A

Value/Consideration

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

N/A

No. of securities held after change

N/A


+ See chapter 19 for defined terms.
11/3/2002 Appendix 3Y Page 1
Date of Change: 22 December 2014
Date of Notice: 23 December 2014

Appendix 3Y Change of Director's Interest Notice Nature of change

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

N/A

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

nib's Long Term Incentive Plan ("LTIP")

Nature of interest

Performance Rights granted pursuant to the Terms and

Conditions and Rules of the nib LTIP. If the Performance Rights vest, the Director is entitled to be allocated one ordinary share for each right.

Name of registered holder

(if issued securities)

N/A

Date of change

22 December 2014

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

217,546 Performance Rights held under the FY12 -

FY15 LTIP which may vest on 1 September 2015 - if

100% vest, 217,546 ordinary shares will be allocated

331,765 Performance Rights held under the FY13 - FY16 LTIP which may vest on 1 September 2016 - if

100% vest, 331,765 ordinary shares will be allocated

273,786 Performance Rights held under the FY14 - FY17 LTIP which may vest from 1 September 2017 - if

100% vest, 273,786 ordinary shares will be allocated.

Interest acquired

234,714 Performance Rights under the FY15 to FY18

LTIP

Interest disposed

N/A

Value/Consideration

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

$nil - At the 29 October 2014 Annual General Meeting

of nib holdings limited, shareholder approval was received for the participation of Mark Fitzgibbon in nib's LTIP for one financial year from 1 July 2014. Further details are included in the 26 September 2014

ASX Announcement -Notice of Meeting/Proxy Form.


+ See chapter 19 for defined terms.
Appendix 3Y Page 2 11/3/2002
Appendix 3Y Page 2
Date of Change: 22 December 2014
Date of Notice: 23 December 2014

Interest after change 217,546 Performance Rights held under the FY12 - FY15 LTIP which may vest on 1 September 2015 - if

100% vest, 217,546 ordinary shares will be allocated

331,765 Performance Rights held under the FY13 - FY16 LTIP which may vest from 1 September 2016 - if

100% vest, 331,765 ordinary shares will be allocated.

273,786 Performance Rights held under the FY14 - FY17 LTIP which may vest from 1 September 2017 - if

100% vest, 273,786 ordinary shares will be allocated.

Part 3 - +Closed period

234,714 Performance Rights held under the FY15 - FY18 LTIP which may vest from 1 September 2018 - of

100% vest, 234,714 ordinary shares will be allocated.

Were the interests in the securities or contracts detailed

above trading 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.
11/3/2002 Appendix 3Y Page 3
Date of Change: 22 December 2014
Date of Notice: 23 December 2014

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