ARN MEDIA LIMITED — Major Shareholding Notification 2010

Mar 1, 2010

Form 604 Corporations Law Section 671B

Notice of change of interests of substantial holder

APN

Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder	Notice of change of interests of substantial holder
APN
To:Company Name/Scheme ACN/ARSN 1. Details of substantial holder Name ACN (if applicable) There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated 2. Previous and present voting power:		The Secretary APN News & Media Limited Level 4 100 William Street SYDNEY NSW 2011 Phone: (02) 9333 4999 Fax: (02) 9333 4900 ACN 008 637 643 National Australia Bank Limited (ACN 004 044 937) and its associated companies listed in Annexure A and which includes MLC Investments Limited ACN 002 641 661 MLC Limited ACN 000 000 402 Elly Investments Pty Ltd ACN 098 198 004 (Elly Investments Pty Ltd acquired more than 20% of the voting power in Pengana Holdings Pty Limited (PHPL) on 30 April 2008. Pengana Capital Limited is a wholly owned subsidiary of PHPL) RBC Dexia Investor Services Australia Nominees Pty Ltd (MasterKey Custom Super) (ACN 097 125 123) MLC Wealth Management Limited (ACN 38 095 045 784) OneVue Limited (ABN 18 072 262 312) givenotice ofa changein relevantinterests
		25/02/2010 26/08/2009 26/08/2009
		The total number of votes attached to all voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
Class of securities		Previous Notice				Present Notice
		Person’s votes		Voting power		Person’s votes		Voting power
Ordinary		50,190,606		8.431%		43,637,638		7.330%
3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
Date of change	Person whose relevant interest changed		Nature of change		Consideration given in relation to change		Class and number of securities affected		Person’s votes affected
27/08/2009 to 25/02/2010	MLC Investments Limited		Share purchase Share sale		$1.67 to $2.43 $1.90 to $2.48		Ordinary 1,045,796 Ordinary 6,200,908		1,045,796 6,200,908

27/08/2009 to 25/02/2010	National Australia Bank Limited	Securities Lending- Increase Securities Lending - Decrease	No consideration directly referable to the securities was provided by NAB No consideration directly referable to the securities was provided by NAB	Ordinary 17,368,670 Ordinary 20,131,434	17,368,670 20,131,434
27/08/2009 to 25/02/2010	Elly Investments Pty Ltd	Share puchase Share sale	$1.90 to $2.13 $2.25 to $2.39	Ordinary 1,533,530 Ordinary 1,139,064	1,533,530 1,139,064
27/08/2009 to 25/02/2010	MLC Wealth Management Limited	Aviva acquired by NAB Group on 1 October 2009	$2.11 to $2.49	Ordinary 937,860	937,860
27/08/2009 to 25/02/2010	OneVue Limited	Mandates as per Goldman Sachs JBWere Deed of Novation became associates of NAB Group on 3 December 2009	$2.23 to $2.35	Ordinary 32,582	32,582

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and number of securities	Person’s votes
MLC Investments Limited	RBC Dexia Investor Services Australia Nominees Pty Ltd (MasterKey Custom Super) (ACN 097 125 123 ) National Nominees Limited (ACN 004 278 899)		Power to control voting and/or disposal of shares Power to control voting and/or disposal of shares	Ordinary 7,050 Ordinary 32,909,733	7,050 32,909,733
MLC Limited	National Nominees Limited (ACN 004 278 899)		Power to control voting and/or disposal of shares	Ordinary 189,307	189,307
Elly Investments Pty Ltd	Cogent Nominees Pty Ltd (ACN 084 150 023)	Pengana Capital Limited as responsible entity for the Pengana Emerging Companies Fund	Power to control voting and/or disposal of shares	Ordinary 1,547,106	1,547,106

National Australia Bank Limited		National Nominees Limited (ACN 004 278 899)		Power to control voting and/or disposal of shares	Ordinary 8,014,000	8,014,000
MLC Wealth Management Limited		JP Morgan Nominees Australia Limited (ACN. 002 899 961) Navigator Australia Limited (ACN. 006 302 987)		Power to control voting and/or disposal of shares	Ordinary 899,944 Ordinary 37,916	899,944 37,916
OneVue Limited		City Corp Nominess Pty Ltd ( ABN 370 008 090 30)		Power to control voting and/or disposal of shares	Ordinary 32,582	32,582
				Grand total		43,637,638

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

company orscheme are asfollows:
Name and ACN/ARSN (ifapplicable)	**Nature of Association **
MLC Wealth Management Limited	Became an associate of NAB Group on 1
	October 2009
OneVue Limited	Became an associate of NAB Group on 3
	December 2009

6. Addresses

The addresses ofpersonsnamedinthisformare asfollows:
Name	Address
MLC Limited	Ground Floor 105-153 Miller Street SYDNEY NSW 2000
MLC Investments Limited	Ground Floor 105-153 Miller Street SYDNEY NSW 2000
National Australia Bank Limited	Level 3 (UB 3350) 800 Bourke Street DOCKLANDSVIC 3008
RBC Global Services Australia Nominees Pty Limited	Level 18 56 Pitt Street SYDNEY NSW 2000
National Nominees Limited	Level 3 (UB 3350) 800 Bourke Street DOCKLANDSVIC 3008
Elly Investments Pty Ltd	Ground Floor 105-153 Miller Street SYDNEY NSW 2000
Cogent Nominees Pty Ltd	Level 6 60 Castlereagh Street SYDNEY NSW 2000
MLC Wealth Management Ltd	509 St Kilda Road MelbourneVIC 3004
JP Morgan Nominees Ltd	Level 37 259 George St, SydneyNSW 2000
Navigator Australia Ltd	Level 6, 509 St Kilda Rd, MelbourneVIC 3000

Signature name signature		OneVue Limited	Level 2, 1 Castlereagh Street SydneyNSW 2000
		Citicorp Nominees Pty Ltd	Level 5, 120 Collins Street MelbourneVIC 3000
		Michaela Healey Capacity Company Secretary for and on behalf of National AustraliaBank Limited
		date 02/03/2010

TThis is Annexure A of 7 pages referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 2/03/2010

Michaela Healey, Company Secretary

Company Name

ACN 129 177 788 Pty Ltd (In Liquidation)

Advantedge Financial Services Holdings Pty Ltd Advantedge Financial Services Pty Ltd

ALICE CORPORATION PTY LTD

ALLERTON HOUSE PROPERTIES LIMITED ANCHORAGE HOME LOANS PTY LTD ANGARA COMPANY LIMITED Antares Capital Partners Pty Ltd ANTARES MANAGED INVESTMENTS LIMITED APOGEE FINANCIAL PLANNING LIMITED ARDB LIMITED ARIODANTE LIMITED ASIBOND PTY LIMITED AUSMAQ (NZ) LIMITED

AUSTRALIAN BANKS' EXPORT RE - FINANCE CORPORATION LTD AUSTRALIAN COMPANY NUMBER 094 484 625 LIMITED

AUSTRALIAN MARKET AUTOMATED QUOTATION (AUSMAQ) SYSTEM LIMITED BANK OF NEW ZEALAND

BNZ AgriCapital Limited

BNZ BRANCH PROPERTIES LTD BNZ Cash PIE Unit Trust

BNZ CORPORATION LTD BNZ EQUIPMENT LTD

BNZ Equity Investments Limited BNZ Equity Investments No.2 Limited BNZ Facilities Management Limited BNZ FUNDING LTD BNZ Income Management Limited BNZ Income Securities 2 Limited BNZ Income Securities Limited BNZ INTERNATIONAL (HONG KONG) LIMITED BNZ INTERNATIONAL AUSTRALIA LIMITED (In Liquidation) BNZ INTERNATIONAL FUNDING LTD BNZ INTERNATIONAL LTD BNZ Investment Services Limited BNZ INVESTMENTS LTD BNZ LIFE INSURANCE LIMITED BNZ PROPERTIES (AUCKLAND) LTD BNZ PROPERTIES LTD BNZ PROPERTY INVESTMENTS LTD

BNZ RMBS Trust Series 2008-1

BNZ SECURITIES AUSTRALIA LIMITED (In Liquidation) BNZI SECURITIES NO.1 LTD BNZI SECURITIES NO.2 LTD BOACT PTY LTD BRUNSWICK COLLECTION SERVICES LIMITED C.B.C. PROPERTIES LIMITED Calibre Asset Management Limited CAMBERWELL 3 PTY LTD CAMBERWELL 4 PTY LTD CAMBERWELL 5 PTY LTD Cambridge Real Estate Investments Pte.Ltd CAPITA PROPERTIES PTY. LIMITED CARDS NZ LIMITED CB GROUP INVESTMENTS LIMITED CBC HOLDINGS LIMITED CGF NO. 12 LIMITED CGF NO. 3 LIMITED CGF NO. 6 LIMITED CGF NO. 9 LIMITED CHELONIA SWAPS PTY LIMITED Choice Lend Pty Ltd CLYDESDALE BANK ASSET FINANCE LIMITED CLYDESDALE BANK INSURANCE BROKERS LIMITED CLYDESDALE BANK PLC CLYDESDALE EUROPE FINANCE LIMITED CLYDESDALE GROUP INVESTMENTS BV CLYDESDALE GROUP INVESTMENTS LIMITED CLYDESDALE INVESTMENTS B.V. CLYDESDALE INVESTMENTS UK LIMITED COMMERCIAL NOMINEES PTY. LIMITED CRUICKSHANK ASSET MANAGEMENT PTY LIMITED CUSTOM CREDIT HOLDINGS LIMITED (In Liquidation) DEESARN PTY LTD DIBA EQUITIES LIMITED DIBA INVESTMENTS LIMITED DISTRA PTY LTD EDEN VEHICLE RENTALS LIMITED (In Liquidation) ELECTRONIC TRANSACTION SERVICES LTD ELLY INVESTMENTS PTY LTD EVR LIMITED (In Liquidation) FAIRHALSEN COLLECTIONS LIMITED FAIRVIEW EQUITY PARTNERS PTY LTD Fastlend Pty Ltd FBP AWARDS FUND PTY LTD Finance & Systems Technology Holdings Pty Limited Finance & Systems Technology Pty Ltd Financial Technology (Australia) Pty Ltd Fintrack Members Pty Ltd

Generation Financial Solutions Pty Ltd GIBSON HILLS PTY LIMITED GODFREY PEMBROKE LIMITED Great Western Bancorporation, Inc Great Western Bank Great Western Service Corporation GUIDESTAR FINANCIAL GROUP LIMITED GUIDESTAR FINANCIAL LIMITED GW Development Americas, Inc GW Leasing, Inc. GWB LLC GWM ADVISER SERVICES LIMITED HEGIRA LIMITED HICAPS PTY LTD Independent Mortgage Affiliates Pty Limited Infocus Wealth Management Limited INTERCHANGE AND SETTLEMENT LIMITED JANA INVESTMENT ADVISERS PTY LIMITED JBWere (NZ) Nominees Limited JBWere (NZ) Pty Ltd JBWere Pty Ltd Lauriston Dairies Limited LIMEHOUSE INVESTMENTS PTY LIMITED Lodestar Capital Partners Pty Limited LOYALTY NEW ZEALAND LIMITED LOYALTY PACIFIC (HONG KONG) LIMITED LOYALTY PACIFIC PTY LTD MACHILL INVESTMENTS LIMITED MATRIX FILM INVESTMENT ONE PTY LIMITED MEDFIN AUSTRALIA PTY LIMITED Meritum Financial Group Pty Ltd MLC Alliance Holdings Pty Limited MLC CORPORATE SERVICES ASIA (SINGAPORE) PTY LIMITED MLC CORPORATE SERVICES ASIA PTE LTD MLC HOLDINGS LIMITED MLC International Holdings (Singapore) Pte Ltd MLC INVESTMENTS LIMITED MLC LIFETIME COMPANY LIMITED MLC LIMITED MLC NOMINEES PTY LTD MLC NOMINEES UK LIMITED MLC PROPERTIES PTY. LIMITED MLC SAVINGS LIMITED MLC TRUST MANAGEMENT COMPANY LTD MLC Wealth Management Limited MOCKEY 1 PTY LIMITED MOCKEY 3 PTY LIMITED MOCKEY 4 PTY LIMITED MOCKEY 5 PTY LIMITED

MONDEX NEW ZEALAND LTD

Mortgage Support Services Pty Ltd

MSRA HOLDINGS, INC

MSRA UK LIMITED (In Liquidation) Mss Mf Pty Ltd

Mss Mfa Pty Ltd MUDCHUTE PTY LIMITED N.S.W. HOUSING NO.1 PTY. LIMITED

NAB EUROPE LIMITED

NAB GOLD, LLC

NAB INVESTMENTS LIMITED

NAB IRON, LLC

NABCAPITAL LEASING (NO. 1) PTY LIMITED

NABCAPITAL LEASING (NO.2) PTY LIMITED

NabInvest Capital Partners Pty Limited

NabInvest Holdings Limited

Nabinvest Oxley Singapore Pte.Ltd

nabSecurities, LLC

NAF TRUSTEE LIMITED

NAGE TRUSTEE COMPANY LIMITED NAGEO BV NAM NT RAIL PTY LIMITED

NATIONAL AMERICAS CAPITAL INVESTMENTS, LLC NATIONAL AMERICAS HOLDINGS LIMITED National Americas Holdings LLC NATIONAL AMERICAS INVESTMENT, INC. NATIONAL ASSET MANAGEMENT LIMITED NATIONAL AUSTRALIA (ASSET FINANCE) LIMITED NATIONAL AUSTRALIA BANK (GB) LIMITED NATIONAL AUSTRALIA BANK FINANCE IRELAND LIMITED NATIONAL AUSTRALIA BANK LIMITED NATIONAL AUSTRALIA BANK PENSION TRUSTEE (UK) LIMITED National Australia Bank Representações Ltda. National Australia Bank Superannuation Fund Pty Ltd NATIONAL AUSTRALIA CAPITAL SECURITIES (UK) PLC NATIONAL AUSTRALIA CORPORATE ADVISORY LIMITED (In Liquidation) NATIONAL AUSTRALIA CORPORATE SERVICES LIMITED NATIONAL AUSTRALIA FINANCE (ASIA) LIMITED NATIONAL AUSTRALIA FINANCE (ASSET LEASING) LLP NATIONAL AUSTRALIA FINANCE (COMMERCIAL LEASING) LIMITED NATIONAL AUSTRALIA FINANCE (EQUIPMENT LEASING) LIMITED NATIONAL AUSTRALIA FINANCE (EUROPE HOLDINGS) LIMITED NATIONAL AUSTRALIA FINANCE (INFRASTRUCTURE LEASING NO.1) LIMITED NATIONAL AUSTRALIA FINANCE (INFRASTRUCTURE LEASING NO.2) LIMITED NATIONAL AUSTRALIA FINANCE (LEASING) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO. 2) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.1) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.3) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.4) LIMITED

NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.5) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING NO.6) LIMITED NATIONAL AUSTRALIA FINANCE (VESSEL LEASING) LIMITED NATIONAL AUSTRALIA FINANCIAL MANAGEMENT LIMITED NATIONAL AUSTRALIA FUNDING (DELAWARE) INC. NATIONAL AUSTRALIA GROUP (NZ) LIMITED NATIONAL AUSTRALIA GROUP CIF TRUSTEE LIMITED NATIONAL AUSTRALIA GROUP EUROPE ASSET HOLDINGS LIMITED NATIONAL AUSTRALIA GROUP EUROPE ASSET INVESTMENTS LIMITED NATIONAL AUSTRALIA GROUP EUROPE FINANCE BV NATIONAL AUSTRALIA GROUP EUROPE INVESTMENTS LIMITED NATIONAL AUSTRALIA GROUP EUROPE LIMITED NATIONAL AUSTRALIA GROUP EUROPE SERVICES LIMITED NATIONAL AUSTRALIA GROUP SERVICES LTD NATIONAL AUSTRALIA GROUP SSP TRUSTEE LIMITED NATIONAL AUSTRALIA INSURANCE SERVICES LTD NATIONAL AUSTRALIA INVESTMENT CAPITAL LIMITED NATIONAL AUSTRALIA LTD NATIONAL AUSTRALIA MANAGERS LIMITED NATIONAL AUSTRALIA MERCHANT BANK (SINGAPORE) LIMITED NATIONAL AUSTRALIA OVERSEAS HOLDING (SINGAPORE) PRIVATE LIMITED NATIONAL AUSTRALIA PKI HOLDINGS LLC NATIONAL AUSTRALIA SECURITIES LIMITED NATIONAL AUSTRALIA TRUSTEES LIMITED NATIONAL AUSTRALIA UK PENSION TRUSTEE LIMITED NATIONAL AUSTRALIA UNDERWRITERS LIMITED NATIONAL CAPITAL FUNDING (UK) PLC NATIONAL CAPITAL HOLDINGS I INC. National Capital Instruments [AUD] LLC 1 National Capital instruments [AUD] LLC 2 National Capital Instruments [EURO] LLC 1 National Capital Instruments [EURO] LLC 2 National Capital Instruments II LLC 2 National Capital Instruments II LLC1 NATIONAL CAPITAL INVESTMENTS LIMITED NATIONAL CAPITAL TRUST I NATIONAL CAPITAL TRUST II (DELAWARE) National Capital Trust III NATIONAL CORPORATE INVESTMENT SERVICES LIMITED NATIONAL EQUITIES LIMITED NATIONAL EUROPE HOLDINGS (GB) LIMITED NATIONAL EUROPE HOLDINGS (WEALTH MANAGEMENT) LTD NATIONAL EUROPE HOLDINGS LIMITED NATIONAL FUNDING HOLDINGS PTY LIMITED NATIONAL FUNDING TRUST I NATIONAL FUNDING TRUST II (DELAWARE) NATIONAL GLOBAL MBS MANAGER PTY LTD NATIONAL GLOBAL MBS MANAGER, INC. NATIONAL HK INVESTMENTS LIMITED

NATIONAL MARGIN SERVICES PTY LIMITED NATIONAL MARKETS GROUP LIMITED NATIONAL MORTGAGE SECURITIES, INC. NATIONAL NOMINEES LIMITED NATIONAL OBU PTY LIMITED NATIONAL ONLINE TRADING LIMITED NATIONAL ONLINE TRADING NOMINEES PTY LTD

NATIONAL WEALTH MANAGEMENT EUROPE HOLDINGS LIMITED NATIONAL WEALTH MANAGEMENT EUROPE SERVICES LIMITED NATIONAL WEALTH MANAGEMENT HOLDINGS LIMITED

NATIONAL WEALTH MANAGEMENT INTERNATIONAL HOLDINGS LTD NATIONAL WEALTH MANAGEMENT NEW ZEALAND HOLDINGS LIMITED NATIONAL WEALTH MANAGEMENT SERVICES LTD NAUTILUS INSURANCE (EUROPE) LIMITED NAUTILUS INSURANCE PTE LIMITED

Navigator Australia Limited

NBA LEASING PTY. LIMITED

NBA PROPERTIES (QLD) LIMITED

NBA PROPERTIES (VIC.) LIMITED

NBA PROPERTIES LIMITED NEW ZEALAND CARD SERVICES LTD NMS NOMINEES PTY LIMITED NORTH BRITISH FINANCE GROUP LIMITED (In Liquidation) NORTHERN AND GENERAL FINANCE LIMITED NORTHWARD CAPITAL PTY LIMITED Norwich Union Life Australia Ltd. NULIS Nominees (Australia) Limited NWMH SUB LIMITED O2-E LIMITED P.F.A. (UK) LIMITED PARTOWN PTY LIMITED PEA INVESTMENTS LIMITED PENGANA HOLDINGS PTY LTD Pennley Pty Ltd PFS NOMINEES PTY LIMITED Plan Australia Financial Services Pty. Ltd. Plan Australia Operations Pty. Ltd. Plan Australia Pty Ltd Plan Group Holdings Pty Ltd Plan Group Nominees Pty Ltd Plan Lending Pty. Ltd. Plan Technologies Pty. Ltd. PLUM FINANCIAL SERVICES LIMITED PMJI INC. PORTSMOUTH INVESTMENT COMPANY PTY LIMITED Professional Lenders Association Network Of Australia Pty. Ltd. PUGET LIMITED QW Rail Leasing Limited RELATIONSHIP SERVICES PTY LIMITED

RIVER EMBLEY PTY. LIMITED RMBS 2006-2 FINANCE COMPANY PTY LIMITED

RMBS 2006-2 HOLDINGS PTY LIMITED

RMBS 2006-2 INVESTMENT COMPANY PTY LTD

ROSIE INVESTMENTS PTY LTD

RYCEE 3 PTY LIMITED

RYCEE 6 PTY LIMITED

SERV CO PTY LTD

Shadwell Holdings (UK) Limited

St Vincent Investments (Ancoats) Limited

ST VINCENT INVESTMENTS (DEVELOPMENTS) LIMITED

ST VINCENT INVESTMENTS (LONDON AND SOUTH) LIMITED

ST VINCENT INVESTMENTS (NORTH AND SCOTLAND) LIMITED ST VINCENT INVESTMENTS (NORTH WEST) LIMITED

ST VINCENT INVESTMENTS LIMITED

STARFISH COMPANY LIMITED

STORECARD LIMITED

TASOVAC PTY LIMITED

THE DEEP IN HULL LIMITED

THE SCOTTISH AGRICULTURAL SECURITIES CORPORATION P.L.C. Tokara Pty Ltd

TOKENHOUSE INVESTMENTS LIMITED

UFINANCIAL SERVICES PTY LTD (IN LIQUIDATION) VALEWIN PTY LIMITED VILEXTON PTY LTD VPL SECURITIES PTY. LIMITED (In Liquidation) Vynotas Pty. Ltd. WM ASIA LIMITED

WM Australia Pty Limited

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YORLEASE LIMITED YOUFINANCIAL SERVICES PTY LTD (IN LIQUIDATION) YOUNG STREET LIMITED