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ASPEN GROUP Major Shareholding Notification 2012

Sep 3, 2012

64404_rns_2012-09-03_a0958a0a-0f99-45c2-8656-95906af42640.pdf

Major Shareholding Notification

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==> picture [87 x 62] intentionally omitted <==

4 September 2012

Company Announcements Platform Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

Notice of change of interests of substantial holder

In accordance with section 671B of the Corporations Act 2001 (Cth), we attach a Notice of Change of Interests of Substantial Holder (Form 604) in respect of Aspen Group Limited.

A notice in substantially the same terms will also be lodged with the ASX on behalf of Westpac Banking Corporation (WBC).

Yours faithfully,

Chris Millard Company Secretary

BT Investment Management Limited ABN 28 126 385 822

www.btim.com.au

GPO Box 7072 Sydney NSW 2001 Australia

The Chifley Tower Level 15, 2 Chifley Square Sydney NSW 2000 Australia Tel 612 8253 2999

BT[® ] is a registered trade mark of BT Financial Group Pty Ltd and is used under licence

Form 604

Corporations Law Section 671B Notice of change of interests of substantial holder

To Company Name/Scheme ASPEN GROUP LIMITED ACN/ARSN ABN 50 004 160 927 1. Details of substantial holder(1) Name BT INVESTMENT MANAGEMENT LIMITED (BTT) ACN/ARSN (if applicable) ABN 28 126 385 822 There was a change in the interests of the substantial holder on 31/08/2012 The previous notice was given to the company on 03/08/2012 The previous notice was dated 1/08/2012

2. Previous and present voting power

The total number of votes attached to all the 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, to give a substantial holding notice in the company or scheme, are as follows:

Class of securities (4) Previous Notice Previous Notice Present Notice Present Notice
Person’s votes VotingPower Person’s votes VotingPower(5)
ORDINARY
SHARES
37,826,774 6.32% 44,518,339 7.44%

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 (6)
Consideration
given in
relation to
change(7)
Class and
number of
securities
affected
Person’s
votes
affected
31/08/2012 WBC & its Associates
Westpac Financial Services
Group Limited (WFSG),
Asgard Capital Management
Limited, Advance Asset
Management Limited, BT
Funds Management Limited,
Westpac Financial Services
Group Limited, BT
Investment Management (RE)
Limited
See
Schedule
See
Schedule
See
Schedule
See
Schedule

Page 1

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
Nature of relevant interest (6) Number of securities
Advance Asset
Management
Limited
HSBC
Custody
Nominees
(Australia)
Limited.
Advance Asset Management Ltd is the RE
of various unit trusts and, in that capacity,
can exercise the power to vote or dispose
of the shares.
1,071,797
Asgard Capital
Management
Limited
ASGARD
Capital
Management
Limited
Asgard Capital Management Limited ABN
92 009 279 592 AFSL 240695 RSE
Licence L0001946 is the trustee,
administrator and custodian of all Asgard
superannuation entities, the (Hillross)
PortfolioCare Retirement Plan and the
BEACON Superannuation Plan. In those
capacities, Asgard has the power to
exercise the right to vote attached to, and
to dispose of, the securities held by these
entities.
768,596
BT Funds
Management
Limited
BT Portfolio
Services
Limited
BT Funds Management Limited is the
manager of various superannuation funds,
institutional investor portfolios and unit
trusts and, in that capacity, can exercise
thepower to vote or dispose of the shares.
1,227,460
BT Investment
Management (RE)
Limited
Citicorp
Nominees Pty
Limited
HSBC
Custody
Nominees
(Australia)
Limited.
BT Investment Management (RE) Limited
is the RE and fund manager of various
superannuation funds, institutional investor
portfolios and unit trusts and, in that
capacity, can exercise the power to vote or
dispose of the shares.
38,554,078
Westpac Financial
Services Group
Limited
HSBC
Custody
Nominees
(Australia)
Limited.
Westpac Financial Services Group Limited
Registered Holder of Securities.
ABN: 50 000 326 312
2,896,408

5. Changes in association

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

Name and ACN/ARSN (if applicable) Nature of association

6. Addresses

The addresses ofpersons named in this form are as follows:
Name Address
Westpac Banking Corporation (WBC) Level 20, Westpac Place, 275 Kent St, Sydney
NSW 2000
Westpac Financial Services Group Limited
(WFSG)
Level 20, Westpac Place, 275 Kent St, Sydney
NSW 2000

Page 2

Asgard Capital Management Limited Asgard Capital Management Limited Level 20, Westpac Place, 275 Kent Street, Sydney
NSW 2000
Advance Asset Management Limited Level 20, Westpac Place, 275 Kent Street, Sydney
NSW 2000
BT Funds Management Limited Level 20, Westpac Place, 275 Kent Street, Sydney
NSW 2000
Westpac Financial Services Group Limited Level 20, Westpac Place, 275 Kent Street, Sydney
NSW 2000
BT Investment Management (RE) Limited Level 14, Chifley Tower, 2 Chifley Square,
SydneyNSW 2000
ASPEN GROUP LIMITED Aspen Group
Level 8, Septimus Roe Square
256 Adelaide Terrace
PERTH WA 6000
Tel: +61 08 9220 8400
Fax: +61 08 9220 8401
Signature
print name
sign here
Chris Millard
capacityCompanySecretary
date
4/9/2012

DIRECTIONS

  • (1) If there are a number of substantial holders with 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 in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6of the form.

  • (2) See the definition of “associate” in section 9 of the Corporations Law.

  • (3) See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Law.

  • (4) The voting shares of a company constitute one class unless divided into separate classes.

  • (5) The person’s votes divided by the total votes in the body corporate scheme multiplied by 100.

  • (6) Include details of:

  • (a) Any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and with a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) Any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  • (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that 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 behalf of the 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 acquired.

  • (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown”.

  • (9) Give details, if appropriate, of the present association and any changes in that association since the last substantial holding notice.

Page 3

SCHEDULE

TRANSACTION HISTORY

Sales & Purchases for the period : 2/08/2012 to 31/08/2012 SECURITY: APZ

Advance Asset Management Limited

Date Registered Company Quantity Value
2/08/2012 HSBC Custody Nominees (Australia) Limited. -27,328 -9,564.80
7/08/2012 HSBC Custody Nominees (Australia) Limited. -56,248 -19,686.80
8/08/2012 HSBC Custody Nominees (Australia) Limited. -18,778 -6,760.08
9/08/2012 HSBC Custody Nominees (Australia) Limited. -13,013 -4,554.55
13/08/2012 HSBC Custody Nominees (Australia) Limited. -60,575 -20,595.50
14/08/2012 HSBC Custody Nominees (Australia) Limited. -32,325 -10,667.25
15/08/2012 HSBC Custody Nominees (Australia) Limited. -119,422 -38,215.04
15/08/2012 HSBC Custody Nominees (Australia) Limited. -18,157 -5,810.24
15/08/2012 HSBC Custody Nominees (Australia) Limited. -127,554 -40,817.28
16/08/2012 HSBC Custody Nominees (Australia) Limited. -166,292 -53,213.44
16/08/2012 HSBC Custody Nominees (Australia) Limited. -422,401 -135,168.32
24/08/2012 HSBC Custody Nominees (Australia) Limited. -13,841 -4,705.94
29/08/2012 HSBC Custody Nominees (Australia) Limited. -31,019 -10,236.27
30/08/2012 HSBC Custody Nominees (Australia) Limited. -66,557 -21,298.24
31/08/2012 HSBC Custody Nominees (Australia) Limited. -262,643 -76,166.47
31/08/2012 HSBC Custody Nominees (Australia) Limited. -273 -79.17
-
Total 1,436,426 -457,539.39
-
Advance Asset Management Limited Total : 1,436,426 -457,539.39

BT Funds Management Limited

Date Registered Company Quantity Value
6/08/2012 BT Portfolio Services Limited 15,000 5,136.00
6/08/2012 BT Portfolio Services Limited 33,328 11,331.52
6/08/2012 BT Portfolio Services Limited -33,328 -11,331.52
13/08/2012 BT Portfolio Services Limited 8,000 2,716.00
17/08/2012 BT Portfolio Services Limited 30,000 10,008.00
29/08/2012 BT Portfolio Services Limited 9,000 2,871.00
29/08/2012 BT Portfolio Services Limited 9,000 2,871.00
29/08/2012 BT Portfolio Services Limited 10,000 3,186.00
Total 81,000 26,788.00
BT Funds Management Limited Total : 81,000 26,788.00

BT Investment Management (RE) Limited

Date Registered Company Quantity Value
29/08/2012 Citicorp Nominees Pty Limited 215,671 69,014.72
31/08/2012 Citicorp Nominees Pty Limited 469,379 136,119.91
Total 685,050 205,134.63

Page 4

Date Registered Company Quantity Value
7/08/2012 HSBC Custody Nominees (Australia) Limited. 300,000 105,000.00
10/08/2012 HSBC Custody Nominees (Australia) Limited. 200,000 68,000.00
14/08/2012 HSBC Custody Nominees (Australia) Limited. 300,000 96,000.00
29/08/2012 HSBC Custody Nominees (Australia) Limited. 1,328,633 425,162.56
29/08/2012 HSBC Custody Nominees (Australia) Limited. 649,943 207,981.76
31/08/2012 HSBC Custody Nominees (Australia) Limited. 2,292,567 664,844.43
31/08/2012 HSBC Custody Nominees (Australia) Limited. 1,342,948 389,454.92
Total 6,414,091 1,956,443.67
BT Investment Management (RE) Limited Total
: 7,099,141 2,161,578.30
Westpac Financial Services Group Limited
Date Registered Company Quantity Value
29/08/2012 HSBC Custody Nominees (Australia) Limited. 344,839 110,348.48
31/08/2012 HSBC Custody Nominees (Australia) Limited. 603,011 174,873.19
Total 947,850 285,221.67
Westpac Financial Services Group Limited
Total : 947,850 285,221.67

Page 5

ANNEXURE A – ASSOCIATED COMPANIES

This is annexure ‘A’ (being 4 pages) referred to in Form 604, Notice of change of interests of substantial holder, lodged for Westpac and its associated entities

Tim Hartin – Company Secretary WBC– 31/08/2012

Westpac Banking Corporation Australia Phoenix Trust Australia
1925 (Commercial) Pty Limited Australia Qvalent Pty Limited Australia
1925 (Industrial) Pty Limited Australia RAMS Financial Group Pty Limited Australia
1925 Advances Pty Limited Australia RMS Warehouse Trust 2007-1 Australia
Papua New
A.G.C. (Pacific) Limited Guinea Sallmoor Pty Limited Australia
Advance Asset Management Limited Australia Securitor Financial Group Limited Australia
Altitude Administration Pty Limited Australia Series 2005-1G WST Trust Australia
Altitude Rewards Pty Limited Australia Series 2007-1G WST Trust Australia
Aotearoa Financial Services Limited New Zealand Series 2008-1M WST Trust Australia
Ascalon Capital Managers Limited Australia Series 2009-1 WST Trust Australia
Ascalon Capital Managers (Asia) Limited Hong Kong Series 2011-1 WST Trust Australia
Ascalon Funds Seed Pool Trust Australia Series 2011-2 WST Trust Australia
Seed Pool Trust No. 2 Australia Series 2011-3 WST Trust Australia
Asgard Capital Management Limited Australia Series 2012-1 WST Trust Australia
Asgard Wealth Solutions Limited Australia Sixty Martin Place (Holdings) Pty Limited Australia
Athena Finance Pty Limited Australia Southern Cross Inc. USA
Australian Infrastructure Fund International 1 Pty
Limited Australia St.George Business Finance Pty Limited Australia
Australian Loan Processing Security Company Pty
Limited Australia St.George Custodial Pty Limited Australia
Australian Loan Processing Security Trust Australia St.George Equity Finance Limited Australia
Belliston Pty Limited Australia St.George Finance Holdings Limited Australia
Bill Acceptance Corporation Limited Australia St.George Finance Limited Australia
BLE Capital Investments Pty Limited Australia St.George Group Holdings Pty Limited Australia
BLE Capital Limited Australia St.George Insurance Australia Pty Limited Australia
BLE Development Pty Limited Australia St.George Life Limited Australia
BLE Holdings Pty Limited Australia St.George Motor Finance Limited Australia
BT (Queensland) Pty Limited Australia St.George New Zealand Limited New Zealand
BT Australia Pty Limited Australia St.George Procurement Management Pty Limited Australia
BT Financial Group (NZ) Limited New Zealand St.George Security Holdings Pty Limited Australia
BT Financial Group Pty Limited Australia Sydney Capital Corp Inc USA
BT Funds Management (NZ) Limited New Zealand Tasman LLC USA
BT Funds Management Limited Australia Tavarua Funding Trust III USA
BT Funds Management No.2 Limited Australia Tavarua Funding Trust IV USA
BTIM UK Limited UK Teuton Pty Limited Australia
BT Investment Management (RE) Limited Australia The Home Mortgage Company Limited New Zealand
BT Investment Management Limited Australia The Mortgage Company Pty Limited Australia
BT Private Nominees Pty Limited Australia The Warehouse Financial Services Limited New Zealand
BT Life Limited Australia TIF International 1 Pty Limited Australia
BT Short Term Income Fund Australia Value Nominees Pty Limited Australia

Page 6

BT Long Term Income Fund Australia W1 Investments Pty Limited Australia
BT Portfolio Services Limited Australia Waratah Receivables Corp Pty Limited Australia
BT Securities Limited Australia Waratah Securities Australia Limited Australia
Castlereagh Trust Australia Westpac (NZ) Investments Limited New Zealand
CBA Limited Australia Westpac Administration Pty Limited Australia
Challenge Finance Pty Limited Australia Westpac Altitude Rewards Trust Australia
Challenge Limited Australia Westpac Americas Inc. USA
Codrington S.a.r.l. Luxembourg Westpac Asian Lending Pty Limited Australia
Crusade ABS Series 2008-2 Australia Westpac Bank of Tonga Tonga
Crusade CP Management Pty Limited Australia Westpac Bank Samoa Limited Samoa
Papua New
Crusade CP No.1 Pty Limited Australia Westpac Bank-PNG-Limited Guinea
Crusade CP Trust No. 41 Australia Westpac Capital Corporation USA
Crusade CP Trust No. 44 Australia Westpac Capital Holdings Inc. USA
Crusade CP Trust No. 48 Australia Westpac Capital Markets Holdings Corp. USA
Crusade CP Trust No. 49 Australia Westpac Capital Markets LLC USA
Crusade CP Trust No. 50 Australia Westpac Capital Trust III USA
Crusade CP Trust No. 52 Australia Westpac Capital Trust IV USA
Crusade CP Trust No. 53 Australia Westpac Capital-NZ-Limited New Zealand
Crusade CP Trust No. 54 Australia Westpac Cook Cove Trust I Australia
Crusade CP Trust No. 55 Australia Westpac Cook Cove Trust II Australia
Crusade CP Trust No. 56 Australia Westpac Covered Bond Trust Australia
Crusade CP Trust No. 57 Australia Westpac Custodian Nominees Limited Australia
Crusade CP Trust No. 58 Australia Westpac Debt Securities Pty Limited Australia
Crusade CP Trust No. 60 Australia Westpac Delta LLC USA
Crusade Euro Trust 1E of 2004 Australia Westpac Direct Equity Investments Pty Limited Australia
Crusade Euro Trust 1E of 2006 Australia Westpac Equipment Finance (No.1) Pty Limited Australia
Crusade Euro Trust 1E of 2007 Australia Westpac Equipment Finance Limited Australia
Crusade Global Trust 1 of 2004 Australia Westpac Equity Holdings Pty Limited Australia
Crusade Global Trust 1 of 2005 Australia Westpac Equity Investments NZ Limited New Zealand
Crusade Global Trust 1 of 2006 Australia Westpac Equity Pty Limited Australia
Crusade Global Trust 1 of 2007 Australia Westpac Europe Limited UK
Crusade Global Trust 2 of 2004 Australia Westpac Finance (HK) Limited Hong Kong
Crusade Global Trust 2 of 2005 Australia Westpac Financial Consultants Limited Australia
Crusade Global Trust 2 of 2006 Australia Westpac Financial Holdings Pty Limited Australia
Crusade Management Limited Australia Westpac Financial Services Group Limited Australia
Crusade Trust 1A of 2005 Australia Westpac Financial Services Group-NZ-Limited New Zealand
Crusade Trust 2P of 2008 Australia Westpac Financial Services Limited Australia
Danaby Pty Limited Australia Westpac Funding Holdings Pty Limited Australia
eQR Securities Pty. Limited Australia Westpac Funds Financing Holdco Pty Limited Australia
FAI No. 2 Trust Australia Westpac Funds Financing Pty Limited Australia
G.C.L. Investments Pty Limited Australia Westpac General Insurance Limited Australia
Gemini Trust Australia Westpac General Insurance Services Limited Australia
General Credit Holdings Pty Limited Australia Westpac Group Investment-NZ-Limited New Zealand
General Credits Pty Limited Australia Westpac Group Investments Australia Pty Limited Australia
Halcyon Securities Limited Australia Westpac Holdings-NZ-Limited New Zealand
Hastings Advisers LLC USA Westpac Investment Capital Corporation USA

Page 7

Hastings Forestry Investments Limited New Zealand Westpac Investment Vehicle No.2 Pty Limited Australia
Hastings Forests Australia Pty Limited Australia Westpac Investment Vehicle No.3 Pty Limited Australia
Hastings Funds Management (UK) Limited UK Westpac Investment Vehicle Pty Limited Australia
Hastings Funds Management (USA) Inc. USA Westpac Investments U.K. Limited UK
Hastings Funds Management Limited Australia Westpac Leasing Nominees-Vic.-Pty Limited Australia
Hastings Group Pty Limited Australia Westpac Lenders Mortgage Insurance Limited Australia
Hastings Investment Capital LP USA Westpac Life Insurance Services Limited Australia
Hastings Investment LLC USA Westpac Life-NZ-Limited New Zealand
Hastings Management Pty Limited Australia Westpac Matching Gifts Limited Australia
Hastings Private Equity Fund IIA Pty Limited Australia Westpac New Zealand Group Limited New Zealand
Hastings Investment Management Pty Limited Australia Westpac New Zealand Limited New Zealand
Hickory Trust Australia Westpac Nominees-NZ-Limited New Zealand
Hitton Pty Limited Australia Westpac NZ Covered Bond Holdings Limited New Zealand
HLT Custodian Trust New Zealand Westpac NZ Covered Bond Limited New Zealand
Infrastructure Australia (No.3) Limited Australia Westpac NZ Leasing Limited New Zealand
Infrastructure Australia (No.4) Limited Australia Westpac NZ Operations Limited New Zealand
J O H C M GmbH UK Westpac NZ Securitisation Holdings Limited New Zealand
J O Hambro Capital Management Holdings Limited UK Westpac NZ Securitisation Limited New Zealand
JO Hambro Capital Limited UK Westpac Overseas Holdings No. 2 Pty Limited Australia
JO Hambro Unit Trust Managers Ltd UK Westpac Overseas Holdings Pty Limited Australia
J O Hambro Capital Management Limited UK Westpac Pacific Limited Partnership Australia
JOHCM (Singapore ) Pte Limited Singapore Westpac Private Equity Pty Limited Australia
JOHCM (USA) General Partner Inc USA Westpac Properties Limited Australia
JOHCMG Share Trustee Limited UK Westpac RE Limited Australia
Cayman
Silver Metis Investment Management Ltd Islands Westpac Securities Administration Limited Australia
Magnitude Group Pty Limited Australia Westpac Securities Inc. USA
MIF Custodian Trust New Zealand Westpac Securities Limited Australia
Mortgage Management Limited Australia Westpac Securities NZ Limited New Zealand
Nationwide Management Pty Limited Australia Westpac Securitisation Holdings Pty Limited Australia
Net Nominees Limited Australia Westpac Securitisation Management Pty Limited Australia
Number 120 Limited1 New Zealand Westpac Singapore Limited Singapore
Oniston Pty Limited Australia Westpac Structured Products Limited Australia
Orion Trust Australia Westpac Superannuation Nominees-NZ-Limited New Zealand
Packaging Properties 1 Pty Limited Australia Westpac Syndications Management Pty Limited Australia
Packaging Properties 2 Pty Limited Australia Westpac Term PIE Fund New Zealand
Packaging Properties 3 Pty Limited Australia Westpac TPS Trust Australia
Partnership Pacific Limited Australia Westpac Unit Trust Australia
Partnership Pacific Securities Limited Australia Westpac USA Inc. USA
Pashley Investments Pty Limited Australia WFAL No.1 Loan Trust Hong Kong

Note: Westpac retains 60% ownership of BT Investment Management Limited who lodges separate notices under ASX code ‘BTT’

BT Investment Management Limited (60%)

BT Investment Management (RE) Limited (Subsidiary of BT Investment Management Limited)

Australia Australia

Page 8