FUTURIS CORPORATION LIMITED                   2002-02-08  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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APPENDIX 3X

INITIAL DIRECTOR'S INTEREST NOTICE

Name of entity:        Futuris Corporation Limited
ABN:                   34 004 336 636

Name of director:      Leslie Peter Wozniczka
Date of appointment:   31/01/2002


PART 1 - DIRECTOR'S RELEVANT INTERESTS IN SECURITIES OF WHICH THE 
         DIRECTOR IS THE REGISTERED HOLDER

Number and class of securities:  

385,220 fully paid ordinary shares


PART 2 - DIRECTOR'S RELEVANT INTERESTS IN SECURITIES OF WHICH THE 
         DIRECTOR IS NOT THE REGISTERED HOLDER


NAME OF HOLDER AND NATURE          NUMBER & CLASS OF 
OF INTEREST:                       SECURITIES:

Shares legally owned by            220,000 fully paid ord shares
Newport Timber and Trading
Pty Ltd and in which Leslie
Peter Wozniczka has a relevant
interest under s608 of the
Corporations Act

Shares legally owned by            435,000 fully paid ord shares
UBS Warburg Private Clients
Nominees Pty Ltd & in which Leslie
Peter Wozniczka has a relevant
interest under s608 of the
Corporations Act

Shares legally owned by            8,470 fully paid shares
Katharina Wozniczka and in which 
Leslie Peter Wozniczka has a 
relevant interest under s608 
of the Corporations Act

Convertible Notes legally owned    32,000 - 7% convertible notes
by UBS Warburg Private Clients
Nominees Pty Ltd & in which Leslie
Peter Wozniczka has a relevant
interest under s608 of the
Corporations Act

Convertible Notes legally owned    1,600 - 7% convertible notes
by Katharina Wozniczka and in 
which Leslie Peter Wozniczka 
has a relevant interest under 
s608 of the Corporations Act


PART 3 - DIRECTOR'S INTERESTS IN CONTRACTS:  

Detail of contact:              Unlisted options issued under the 
                                Company's Employee Option Plan to 
                                subscribe for 1,100,000 fully paid
                                ordinary shares in the Company at 
                                $1.31 exercisable until 01/10/2003

                                Unlisted options issued under the 
                                Company's Employee Options Plan to
                                subscribe for 3,000,000 fully paid 
                                ordinary shares in the Company at 
                                $1.68, subject to achievement of 
                                performance hurdles and exercisable
                                during the period commencing on the
                                date on which the auditor's report on
                                the Company's financial statement for
                                the financial year ended 30/06/2004
                                is signed by the Company's auditors
                                and ending on 26/10/2006

Nature of interest:             Unlisted options to subscribe for 
                                unissued shares


Name of registered holder:      N/A

No and class of securities
 to which interest relates:     4,100,000 unissued fully paid 
                                ordinary shares


APPENDIX 3X

INITIAL DIRECTOR'S INTEREST NOTICE

Name of entity:        Futuris Corporation Limited
ABN:                   34 004 336 636

Name of director:      Graham Douglas Walters
Date of appointment:   31/01/2002


PART 1 - DIRECTOR'S RELEVANT INTERESTS IN SECURITIES OF WHICH THE 
         DIRECTOR IS THE REGISTERED HOLDER

Number and class of securities:  

Nil


PART 2 - DIRECTOR'S RELEVANT INTERESTS IN SECURITIES OF WHICH THE 
         DIRECTOR IS NOT THE REGISTERED HOLDER


NAME OF HOLDER AND NATURE          NUMBER & CLASS OF 
OF INTEREST:                       SECURITIES:

Shares legally owned by            11,000 ordinary shares
Zaru Pty Ltd as Trustee 
for the G D Walters 
Family Trust and in which
Graham Douglas Walters 
has a relevant interest
under s608 of the 
Corporations Act

Shares legally owned by            10,000 ordinary shares
Zaru Pty Ltd as Trustee
for the G D Walters 
Superannuation Fund and in
which Graham Douglas Walters
has a relevant interest under
s608 of the Corporations
Act



PART 3 - DIRECTOR'S INTERESTS IN CONTRACTS:  

Detail of contact:              Nil

Nature of interest:             -


Name of registered holder:      -

No and class of securities
 to which interest relates:     -


                                                                                                                                                                                                                                                                                                                     

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