ASF GROUP LIMITED — Major Shareholding Notification 2009

Apr 20, 2009

Form 604

Corporations Act 2001 Secti on 671B

Notice of change of interests of substantial holder

ASF GROUP LIMITED To Company Name/Scheme ACN/ARSN ACN 008 924 570 --'

1. Details of substantial holder(1) Name

GOLDCHOICE INVESTMENTS LIMITED ("GOLDCHOICE")

ACN/ARSN (if applicable)

There was a change in the interests oflilC 20 /04/2009 substantial holder on The previous notice was given to the company on 31 /03/ 2009 The previous notice was dated 31 /03/ 2009 2. Previous and present voting power

The total number of votes attached to allllw voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, 10 give a substantial holding notice to the company or scheme, are as follows:

,-
Class of securities (4)Previous noticePresent notice
Person's votesVotinq power (5)Person's votesVotinq power (5)
ORDINARY17,653,9587.88%15,962,769	7.12%
"_..
3.Changesin relevantinterestsParticulars of each change in, or cflange iii lilc nature of, a relevant interest of the substantial holder or an associate in voting securities of the substantial holder was last required to glvc a sulJSlillllialholding notice to the company or scheme are as follows:	company or scheme, since the
Date ofPelson wi lOseNature ofConsiderationClass andchangerelevalllilltl'restchange (6)given in relationnumber ofcllallgedto change (7)securitiesaffected	Person's votesaffected
17/04/2009GOLDCHOICEOFF-MARKETTRANSFER$202,942.701,691,189	GOLDCHOICE
ORDINARY
..4.PresentrelevantinterestsParticulars of each relevant interest of the sulJslantial holder in voting securities after the change are as follows:
Holder ofl~eglSlerellPerson entitledNature ofClass andrelevanthollie! ulto be registeredrelevantnumber ofInterestsecurlllrlSas holder (8)interest (6)securities-_.GOLDCHOICEGOLDCHOICEGOLDCHOICEDIRECTHOLDING15,962,769	Person's votes15,962,769

5. Changes in association

The persons who have become associates (2) of. ceased to be associates of. or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows

6. Addresses

The addresses of persons named in tllis form are as follows:

==> picture [430 x 43] intentionally omitted <==

----- Start of picture text ----- -_ .•. _---~-Name -- AddressGOLDCHOICE INVESTMENTS LIMITED UNITS 1801-02, 18/F, CHINA INSURANCE GROUP BUilDING,NO. 141, DES VOEUX ROAD, CENTRAL, HONG KONG----- End of picture text -----

• (1) If tllere are a number of sulJstal11l2111loiderswith similar or related relevant Interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be Included III an annexure 1Othe form. If the relevant interests of a group of persons are essentially similar, they may be referred to througllout the form as a spr,cifically Ilameclgroup if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form

• (6) Include details of:

  • (a) any relevant agreement or oLiler circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any document setting out tile lerillS of any relevant agreement, and a statement by the person giving full and accurate details of any contract. scheme or arrangement, must accompany tllis form, together with a written statement certifying this contract. scheme or arrangement; and

  • (b) any qualification 01the power 01a person to exercise, control the exercise of. or influence the exercise of, the voting powers or disposal of the securities to Wllich the relevant interest Ielates (indicating clearly the particular securities 1OWhich the qualification applies).

  • See tile definition of "relevalll aglecmeill" ill section 9 01 the Corporations Act 2001.

  • Details of the considermionmust illclude and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom'e entiLied to receive in relation 10Llklt acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on beh21lf tile substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquirocl