ASPEN GROUP — Major Shareholding Notification 2015

Jan 15, 2015

F-2752

FORM 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To: Company Name/Scheme: ASPEN GROUP LIMITED

ACN/ARSN : 004 160 927

1. Details of substantial holder

Name: Commonwealth Bank of Australia ACN 123 123 124 (CBA) and its related bodies corporate listed in annexure A

There was a change in the interests of the substantial holder on 14/01/2015

The previous notice was given to the company on 02/10/2014

The previous notice was dated 01/10/2014

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 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	Previous notice	Present notice	Present notice
	Person's votes	Voting power (%)	Person's votes	Voting power (%)
Fully Paid Ordinary Shares	9,344,253	8.12	9,343,887	8.25

For the Securities (if any) listed below see NOTE 1 at the end of this form

Class of securities	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power (%)	Person's votes	Voting power (%)
Fully Paid Ordinary Shares	2,546,878	2.21 See note 1 at the end of this form	3,730,919	3.29 See note 1 at the end of this form

Class of securities	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power (%)	Person's votes	Voting power (%)
Grand TOTAL	11,891,131	10.34	13,074,806	11.55

3. Changes in relevant interest

Particulars of each change in, or change in the nature of, a relevant interest of the substantial shareholder 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
See annexure B to this notice

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4. Present relevant interest

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
Avanteos Investments Limited ACN 096 259 979	Avanteos Investments Limited		Relevant interest under paragraph 608(1)(a), 608(1)(b) and 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising as a result of being the registered holder of the relevant securities in its capacity as a superannuation trustee. In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 2,842	2,842 Fully paid ordinary shares	2,842
Colonial First State Investments Limited (Note 1) ACN 002 348 352	Citicorp Nominees Pty Limited (Australia)		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the residual power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is not managed by either Colonial First State Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being a residual accelerated relevant interest held in the same capacity. Colonial First State Investments Limited has authorised the manager of each such managed investment scheme to exercise the powers referred to in paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth) in relation to those securities managed	1,250,491 Fully paid ordinary shares	1,250,491

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			by the manager to the exclusion of Colonial First State Investments Limited except for provisions allowing Colonial First State Investments Limited to terminate the agreement with the manager or to exercise those powers where the agreement is terminated. Nature of relevant interest derived from; ordinary shares 1,250,491
Colonial First State Investments Limited (Note 1) ACN 002 348 352	Citibank N A Hong Kong		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the residual power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is not managed by either Colonial First State Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being a residual accelerated relevant interest held in the same capacity. Colonial First State Investments Limited has authorised the manager of each such managed investment scheme to exercise the powers referred to in paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth) in relation to those securities managed by the manager to the exclusion of Colonial First State Investments Limited except for provisions allowing Colonial First State Investments Limited to terminate the agreement with the manager or to exercise those powers where the agreement is terminated. Nature of relevant interest derived from; ordinary shares 2,480,428	2,480,428 Fully paid ordinary shares	2,480,428
Acadian Asset Management (Australia) Limited ACN 114 200 127	Citicorp Nominees Pty Limited (Australia)		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having	6,709 Fully paid ordinary shares	6,709

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			the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager, as provided for under its investment mandates. In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 6,709
Realindex Investments Pty Limited ACN 133 312 017	Citibank N A Hong Kong		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager, as provided for under its investment mandates. In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 366,110	366,110 Fully paid ordinary shares	366,110
Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Citicorp Nominees Pty Limited (Australia)		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager (as provided for under its investment mandates). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection	4,807,195 Fully paid ordinary shares	4,807,195

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			608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 4,807,195
Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Northern Trust Company		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager (as provided for under its investment mandates). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 3,740,637	3,740,637 Fully paid ordinary shares	3,740,637
Colonial First State Asset Management (Australia) Limited ACN 114 194 311	BNP Paribas Securities		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager (as provided for under its investment mandates). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 420,394	420,394 Fully paid ordinary shares	420,394
Colonial First State Investments Limited ACN 002 348 352	Citicorp Nominees Pty Limited (Australia)		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of	4,892,973 Fully paid ordinary shares	4,892,973

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			the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is managed by Colonial First Statement Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 4,892,973
Colonial First State Investments Limited ACN 002 348 352	Northern Trust Company		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is managed by Colonial First Statement Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 3,740,637	3,740,637 Fully paid ordinary shares	3,740,637
Colonial First State Investments Limited ACN 002 348 352	Citibank N A Hong Kong		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is managed by Colonial First Statement	2,846,538 Fully paid ordinary shares	2,846,538

7

			Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being an accelerated relevant interest held in the same capacity. Nature of relevant interest derived from; ordinary shares 2,846,538
Colonial First State Investments Limited (Note 1) ACN 002 348 352	Citicorp Nominees Pty Limited (Australia)		Relevant interest under paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the residual power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is not managed by either Colonial First State Investments Limited or a related body corporate). In addition, if any OTC derivatives, warrants or other securities (other than ordinary shares or ordinary units (as applicable)) are referred to below in this row, the relevant interest in respect of those securities arises under subsection 608(8) being a residual accelerated relevant interest held in the same capacity. Colonial First State Investments Limited has authorised the manager of each such managed investment scheme to exercise the powers referred to in paragraph 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth) in relation to those securities managed by the manager to the exclusion of Colonial First State Investments Limited except for provisions allowing Colonial First State Investments Limited to terminate the agreement with the manager or to exercise those powers where the agreement is terminated. Nature of relevant interest derived from; ordinary shares 1,257,200	1,257,200 Fully paid ordinary shares	1,257,200

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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:

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

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

Name	Address
Commonwealth Bank Officers Superannuation Corporation Pty Limited ACN 074 519 798	Level 11 Tower 1, 201 Sussex St Sydney NSW 2001
Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
Acadian Asset Management (Australia) Limited ACN 114 200 127	'Australia Square' Suite 2, Level 40, 264-278 George Street, Sydney, 2000, Australia
Colonial First State Investments Limited ACN 002 348 352	Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
Avanteos Investments Limited ACN 096 259 979	Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
Realindex Investments Pty Limited ACN 133 312 017	Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
The Colonial Mutual Life Assurance Society Limited ACN 004 021 809	Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

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Signature

NOTE 1--(This note is relevant to sections 2,3,4 and 5)

The relevant interests in these securities:

• a) are/were held by Colonial First State Investments Limited (CFS) as responsible entity of the specified registered managed investment schemes and relate(d) to holdings in connection with the Colonial First State First Choice product range. Decisions to buy/sell those securities and exercise voting rights in relation to those securities are made by managers to whom CFS has outsourced those functions. By instrument dated 29 October 2001 the Australian Securities and Investments Commission (“ASIC”) has granted certain relief to CFS and its related bodies corporate for these holdings from the applicable provisions of Chapter 6 of the Corporations Act in relation to the acquisition of or increase in voting power of such securities (the Manager Relief). These managers are not associates of, other than by virtue of an agreement in accordance with the terms of the Manager Relief, the Commonwealth Bank of Australia group; or

• b) are/were held by or for the benefit of specified index funds where the funds have an objective of maintaining a portfolio tracking error less than 0.5% per annum. ASIC has granted certain relief to CFS and its related bodies corporate for these holdings from the applicable provisions of Chapter 6 of the Corporations Act in relation to the acquisition of or increase in voting power of such securities.

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Dated the 16 day of January 2015

Carla Collingwood-Company Secretary

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Annexure A

This is annexure A referred to in Form 604, Notice of change of interest of substantial holder dated 14/01/2015

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Carla Collingwood Company Secretary Dated the 16 January 2015

SCHEDULE

ACADIAN ASSET MANAGEMENT (AUSTRALIA) LIMITED ADVICE ESSENTIALS PTY LIMITED AEGIS CORRECTIONAL PARTNERSHIP PTY LTD AEGIS LIMITED AHL HOLDINGS PTY LIMITED ALTONA V6 PTY LIMITED ASB BANK LIMITED ASB CAPITAL LIMITED ASB CAPITAL LIMITED (NZX-ASBPA) ASB CAPITAL NO.2 LIMITED ASB CAPITAL NO.2 LIMITED (NZX-ASBPB) ASB FINANCE LIMITED ASB FUNDING LIMITED ASB GROUP (LIFE) LIMITED ASB GROUP INVESTMENTS LIMITED ASB HOLDINGS LIMITED ASB MANAGEMENT SERVICES LIMITED ASB NOMINEES LIMITED ASB SECURITIES LIMITED ASB SMART CARDS LIMITED ASKLEPIOS LIMITED ASPIRE SCHOOLS FINANCING (QLD) PTY LIMITED ASPIRE SCHOOLS HOLDINGS (QLD) PTY LIMITED AUSIEX MANAGEMENT SERVICES PTY LTD (PENDING DEREGISTRATION) AUSIEX NOMINEES PTY LIMITED AUSTRALIAN INVESTMENT EXCHANGE LIMITED AVANTEOS INVESTMENTS LIMITED AVANTEOS PTY LTD BANK OF HANGZHOU CO. LTD BANKWEST FOUNDATION LIMITED BDELTA VESSEL NO 1 PTY LTD BDELTA VESSEL NO 2 PTY LTD BDELTA VESSEL NO 3 PTY LTD BDELTA VESSEL NO 4 PTY LTD BOCOMMLIFE INSURANCE COMPANY LIMITED BOND INVESTMENTS NO 1 LIMITED BOND INVESTMENTS UK LIMITED BURDEKIN INVESTMENTS LIMITED BW FINANCIAL ADVICE LIMITED BW SECURITISATION MANAGEMENT PTY LTD BWA GROUP SERVICES PTY LTD BWA INTELLECTUAL PROPERTY HOLDINGS

LIMITED

CABLE BEACH PTY LIMITED CAPITAL 121 PTY LIMITED CARDS NZ LIMITED CB-CLA LIMITED CB-CLHA PTY LIMITED CBA (EUROPE) FINANCE LTD CBA A320 4077 Pty Limited CBA A320 5156 PTY LIMITED CBA A320 5249 PTY LTD CBA A320 5289 PTY LTD CBA A320 5638 PTY LTD CBA A330 1427 Pty Ltd CBA A330 1453 PTY LIMITED CBA AIR A320 2714 PTY LTD CBA AIR PTY LTD CBA ASSET FINANCE (NZ) LIMITED CBA ASSET HOLDINGS (NZ) LIMITED CBA B377 37091 PTY LTD CBA CAPITAL AUSTRALIA (NO 2) PTY LIMITED CBA CAPITAL AUSTRALIA LIMITED CBA CAPITAL HOLDINGS INC. CBA CAPITAL TRUST I CBA CAPITAL TRUST II CBA CORPORATE SERVICES (NSW) PTY LIMITED CBA CORPORATE SERVICES (VIC) PTY LIMITED CBA EQUITIES LIMITED CBA EUROPE LIMITED CBA FUNDING (NZ) LIMITED CBA FUNDING HOLDINGS PTY LTD CBA FUNDING TRUST I CBA INTERNATIONAL FINANCE PTY. LIMITED CBA INVESTMENTS (NO 2) PTY LTD CBA INVESTMENTS (NO.4) LIMITED CBA INVESTMENTS PTY LIMITED CBA IT CO PTY LIMITED CBA MTE RAIL COMPANY PTY LIMITED CBA NZ HOLDING LIMITED

CBA RAIL & TRAM COMPANY PTY LIMITED CBA REAL ESTATE FUNDING (NZ) LIMITED CBA SERVICES SINGAPORE PTE LTD CBA SPECIALISED FINANCING PTY LIMITED CBA STAFF COMMUNITY FUND LIMITED CBA USD FUNDING LIMITED

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CBA USD INVESTMENTS PTY LIMITED CBFC LEASING PTY. LIMITED CBFC LIMITED CFS MANAGED PROPERTY LIMITED CFS Newham Limited CFSPAI EUROPE CO LIMITED (formerly known as CFSPAI MALTA CO LIMITED) CFSPAI EUROPE HOLDCO LIMITED (formerly known as CFSPAI MALTA HOLDCO LIMITED) CHRISTMAS BREAK PTY LTD CHULLORA EQUITY INVESTMENT (NO 1) PTY LIMITED CHULLORA EQUITY INVESTMENT (NO 2) PTY LIMITED CHULLORA EQUITY INVESTMENT (NO 3) PTY LIMITED CIPL ARARAT PTY LTD CIPL SA SCHOOLS PTY LTD CIPL SENTINEL HOLDINGS PTY LTD CIPL SENTINEL PTY LTD CISL (HAZELWOOD) PTY. LIMITED CITICORP NOMINEES PTY LTD AS CUSTODIAN FOR THE TRUSTEE OF COLONIAL FIRST STATE ACTIVE INFRASTRUCTURE INCOME FUND CM-SOMERTON PTY. LTD. CMG ASIA LIFE HOLDINGS LIMITED CMG ASIA PTY LTD COLLATERAL LEASING PTY LTD Colonial (UK) Trustees Limited COLONIAL FINANCE PTY LIMITED COLONIAL FINANCIAL CORPORATION PTY LIMITED COLONIAL FIRST STATE ASSET MANAGEMENT (AUSTRALIA) LIMITED COLONIAL FIRST STATE GROUP LIMITED COLONIAL FIRST STATE INFRASTRUCTURE MANAGERS (AUSTRALIA) PTY LTD Colonial First State Investment Managers (UK) Limited COLONIAL FIRST STATE INVESTMENTS (NZ) LIMITED (PENDING DEREGISTRATION) COLONIAL FIRST STATE INVESTMENTS LIMITED COLONIAL FIRST STATE PROPERTY LIMITED COLONIAL HOLDING COMPANY LIMITED COLONIAL LGA HOLDINGS PTY LIMITED COLONIAL MUTUAL SUPERANNUATION PTY. LTD. COLONIAL PTY LIMITED COLONIAL SERVICES PTY LIMITED COMMBANK EUROPE LIMITED COMMBANK MANAGEMENT CONSULTING (ASIA) COMPANY LIMITED COMMBANK MANAGEMENT CONSULTING (SHANGHAI) COMPANY LIMITED COMMCAPITAL S.A.R.L COMMFOUNDATION PTY LIMITED COMMINTERNATIONAL LIMITED COMMONWEALTH AUSTRALIA SECURITIES LLC COMMONWEALTH BANK OF AUSTRALIA COMMONWEALTH BANK OF AUSTRALIA (CHENG'AN) COUNTY BANK CO. LTD. COMMONWEALTH BANK OF AUSTRALIA (CIXIAN) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA

(DENGFENG) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (HANDANXIAN) COUNTY BANK CO. LTD. COMMONWEALTH BANK OF AUSTRALIA (JIYUAN) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (LANKAO) COUNTY BANK CO. LTD

COMMONWEALTH BANK OF AUSTRALIA (LUANCHENG) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (MIANCHI) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (SHEXIAN) COUNTY BANK CO. LTD

COMMONWEALTH BANK OF AUSTRALIA (UK) STAFF BENEFITS SCHEME TRUSTEE COMPANY LIMITED

COMMONWEALTH BANK OF AUSTRALIA (WEIXIAN) COUNTY BANK CO. LTD.

COMMONWEALTH BANK OF AUSTRALIA (WENXIAN) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (XINJI) COUNTY BANK CO. LTD

COMMONWEALTH BANK OF AUSTRALIA (YICHUAN) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (YONGCHENG) COUNTY BANK CO. LTD COMMONWEALTH BANK OF AUSTRALIA (YONGNIAN) COUNTY BANK CO. LTD COMMONWEALTH BANK OFFICERS SUPERANNUATION CORPORATION PTY LIMITED Commonwealth Custodial Services Pty Ltd COMMONWEALTH DEVELOPMENT BANK OF AUSTRALIA PTY LIMITED

COMMONWEALTH FINANCIAL PLANNING LIMITED COMMONWEALTH INSURANCE HOLDINGS LIMITED COMMONWEALTH INSURANCE LIMITED COMMONWEALTH INVESTMENT SERVICES PTY LIMITED

COMMONWEALTH INVESTMENTS PTY LIMITED COMMONWEALTH PRIVATE LIMITED COMMONWEALTH SECURITIES LIMITED COMMWEALTH INTERNATIONAL HOLDINGS PTY LIMITED

COMSEC NOMINEES PTY LIMITED COPACABANA BEACH PTY LTD (PENDING DEREGISTRATION)

CORE EQUITY SERVICES NOMINEES PTY LIMITED COUNT FINANCE PTY LIMITED COUNT FINANCIAL LIMITED CPPIB AUSTRALIAN HOLDINGS NO. 1 PTY LIMITED CRYSTAL AVENUE PTY LIMITED CTB AUSTRALIA LIMITED DAWNRAPTOR PTY LTD ATF DAWNRAPTOR TRUST EMERALD HOLDING COMPANY PTY LIMITED EQUIGROUP HOLDINGS PTY LIMITED FINANCIAL WISDOM LIMITED FINCONNECT (AUSTRALIA) PTY LTD FIRST STATE (HONG KONG) LLC FIRST STATE CINDA FUND MANAGEMENT COMPANY LIMITED

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First State Diversified Hedge Fund Limited First State European Diversified Infrastructure Sarl First State Funds Plc First State Global Umbrella Fund Public Limited Company

First State Hedge Funds SPC Limited First State Infrastructure S.à r.l.

First State Investment Management (UK) Limited FIRST STATE INVESTMENT MANAGERS (ASIA) LIMITED

First State Investment Services (UK) Limited First State Investments (America) Limited (formerly known as First State Investments (Cayman) Limited) FIRST STATE INVESTMENTS (HONG KONG) LIMITED

FIRST STATE INVESTMENTS (JAPAN) LIMITED FIRST STATE INVESTMENTS (NZ) LIMITED FIRST STATE INVESTMENTS (SINGAPORE) First State Investments (UK Holdings) Limited First State Investments (UK) Limited FIRST STATE INVESTMENTS (US) LLC First State Investments Fund Management Sarl First State Investments GIP Management Sarl FIRST STATE INVESTMENTS HOLDINGS (SINGAPORE) LIMITED

First State Investments ICVC

First State Investments International Inc First State Investments International Limited FIRST STATE INVESTMENTS US HOLDINGS PTY LIMITED

FIRST STATE NOMINEES (HONG KONG) LIMITED FSIB LTD (formerly known as FIRST STATE INVESTMENTS (BERMUDA) LIMITED) GT USD FUNDING PTY LIMITED HARBOARD BEACH PTY LTD (PENDING DEREGISTRATION) HAZELWOOD INVESTMENT COMPANY PTY LIMITED

HOMEPATH PTY LIMITED INVERLOCH LEASING PTY LIMITED INVESTMENT CUSTODIAL SERVICES LIMITED INVESTOR SECURITIES PTY LTD INVESTORWEB.COM. PTY LIMITED IWL BROKING SOLUTIONS LIMITED IWL LIMITED IWL MANAGEMENT SERVICES PTY LTD (PENDING DEREGISTRATION) JACQUES MARTIN ADMINISTRATION AND CONSULTING PTY LTD

JACQUES MARTIN PTY. LTD.

JDV PTY LIMITED (PENDING DEREGISTRATION) KIP NZ LIMITED (PENDING DEREGISTRATION) KIWI HOME LOANS (NZ) LIMITED KPM NZ LIMITED (PENDING DEREGISTRATION) Lochness Holdings Limited LOFT NO 1 PTY LIMITED LOFT NO 2 PTY LIMITED LOFT NO.3 PTY LIMITED M M A L FLEET LEASE ARRANGER PTY LTD MIS FUNDING NO.1 PTY LIMITED MORTGAGE HOLDING TRUST COMPANY LIMITED

MTE DEBT VEHICLE PTY LTD MTE LESSOR 1 PTY LTD MTE LESSOR 2 PTY LTD MTE LESSOR 3 PTY LTD MTE LESSOR 4 PTY LTD MTE LESSOR 5 PTY LTD MTE NOMINEE PARTNER PTY LTD NETSHARE NOMINEES PTY LTD NEWPORT LIMITED NIMITZ NOMINEES PTY LIMITED ORE & OVERBURDEN PTY LIMITED PINNACLE EDUCATION SA HOLDING COMPANY PTY LIMITED PREFERRED CAPITAL LIMITED PREMIUM ALTERNATIVE INVESTMENTS PTY LIMITED

PREMIUM CUSTODY SERVICES PTY LTD PREMIUM PLANTATIONS PTY LIMITED PREMIUM PLANTATIONS SERVICES PTY LTD PT BANK COMMONWEALTH PT COMMONWEALTH LIFE PT FIRST STATE INVESTMENTS INDONESIA Purangi Developments Limited QILU BANK CO. LTD.

REALINDEX INVESTMENTS PTY LIMITED RELIANCE ACHIEVER PTY LIMITED RESIDENTIAL MORTGAGE GROUP PTY LTD ROCK & RUBBLE (DEBT VEHICLE) PTY LIMITED ROCK & RUBBLE (EXISTING) PTY LIMITED ROCK & RUBBLE (NEW) PTY LIMITED SAF MINING NO.2 PTY LIMITED SAF Mining No1 Pty Limited SAFE NO1 PTY LTD SAFE NO17 PTY LIMITED SAFE NO2 PTY LTD SAFE NO3 PTY LTD SAFE NO4 PTY LIMITED SAFE NO9 PTY LIMITED SAFE USD HOLDINGS PTY LTD SBN NOMINEES PTY. LIMITED SECURITISATION ADVISORY SERVICES PTY. LIMITED

SECURITISATION MANAGEMENT SERVICES LIMITED

SECURITY HOLDING INVESTMENT ENTITY LINKING DEALS LIMITED SENBARY PTY LIMITED SHARE DIRECT NOMINEES PTY LIMITED SHARE INVESTMENTS PTY LIMITED SI Holdings Limited SIF RAILWAY NO.1 PTY LIMITED SIF RAILWAY NO.2 PTY LIMITED SOUTH AUSTRALIAN FLEET LEASE ARRANGER PTY LTD

SOVEREIGN ASSURANCE COMPANY LIMITED SOVEREIGN SERVICES LIMITED SOVEREIGN SUPERANNUATION FUNDS LIMITED SOVEREIGN SUPERANNUATION TRUSTEES LIMITED

SPARAD (NO.24) PTY. LIMITED ST ANDREW'S AUSTRALIA PTY LTD

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STATE NOMINEES LTD

SWAN SECURITISATION FINANCE PTY LIMITED SWAN SECURITISATION INVESTMENTS PTY LTD. T.W. CUSTODIANS LIMITED TANKSTREAM RAIL (BY - 1) PTY LIMITED TANKSTREAM RAIL (BY - 2) PTY LIMITED TANKSTREAM RAIL (BY - 3) PTY LIMITED TANKSTREAM RAIL (BY - 4) PTY LIMITED TANKSTREAM RAIL (SW - 1) PTY LIMITED TANKSTREAM RAIL (SW - 2) PTY LIMITED TANKSTREAM RAIL (SW - 3) PTY LIMITED TANKSTREAM RAIL (SW - 4) PTY LIMITED TANKSTREAM RAIL (VICTORIA) PTY LIMITED THE COLONIAL MUTUAL LIFE ASSURANCE

SOCIETY LIMITED TORQUAY BEACH PTY LTD (PENDING DEREGISTRATION) TOTAL KEEN INVESTMENT LIMITED VH-VZF PTY LTD VH-VZG PTY LTD VH-VZH PTY LTD

VICTORIAN FLEET LEASE ARRANGER PTY LTD VIETNAM INTERNATIONAL BANK (VIETNAM INTERNATIONAL COMMERCIAL JOINT STOCK BANK)

VIPRO PTY LIMITED WESTSIDE PROPERTIES LIMITED WHITTAKER MACNAUGHT PTY. LTD.

15

Annexure B

This is annexure B referred to in Form 604, Notice of change of interests of substantial holder dated 14/01/2015

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Carla Collingwood Company Secretary Dated the 16 January 2015

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
Thursday, 16 October 2014	Acadian Asset Management (Australia) Limited ACN 114 200 127	Sale	12,300.50	9,899 Ordinary shares	9,899
Monday, 20 October 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Purchase	14,045.50	11,249 Ordinary shares	11,249
Tuesday, 28 October 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Purchase	17,309.54	13,741 Ordinary shares	13,741
Thursday, 27 November 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Sale	4,979.21	3,819 Ordinary shares	3,819
Monday, 15 December 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Sale	280,098.43	223,186 Ordinary shares	223,186
Thursday, 16 October 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Sale	30,415.76	24,515 Ordinary shares	24,515
Monday, 20 October 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Purchase	32,441.13	25,982 Ordinary shares	25,982
Tuesday, 28 October 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Purchase	36,819.77	29,229 Ordinary shares	29,229
Thursday, 27 November 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Sale	8,855.41	6,792 Ordinary shares	6,792
Thursday, 18 December 2014	Colonial First State Asset Management (Australia) Limited ACN 114 194 311	Purchase	29,782.77	23,451 Ordinary shares	23,451

16

Wednesday, 24 December 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	37,779.96	29,748 Ordinary shares	29,748
Monday, 29 December 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	37,624.47	30,589 Ordinary shares	30,589
Wednesday, 31 December 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	1,738.50	1,425 Ordinary shares	1,425
Wednesday, 7 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	1,932.33	1,571 Ordinary shares	1,571
Thursday, 8 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	4,748.75	3,799 Ordinary shares	3,799
Friday, 9 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	36,613.75	29,291 Ordinary shares	29,291
Tuesday, 13 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	65,633.75	52,507 Ordinary shares	52,507
Wednesday, 14 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	984,507.50	787,606 Ordinary shares	787,606
Friday, 10 October 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	48,134.27	37,901 Ordinary shares	37,901
Thursday, 2 October 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	42,451.50	35,000 Ordinary shares	35,000
Monday, 6 October 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	6,026.20	5,001 Ordinary shares	5,001
Thursday, 9 October 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	40,528.19	33,228 Ordinary shares	33,228
Friday, 24 October 2014	Colonial First State Investments Limited (Note 1) ACN 002	Purchase	14,200.48	11,452 Ordinary shares	11,452

17

	348 352
Friday, 7 November 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Sale	8,043.75	6,389 Ordinary shares	6,389
Monday, 10 November 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Sale	10,831.52	8,184 Ordinary shares	8,184
Wednesday, 12 November 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Sale	3,136.32	2,376 Ordinary shares	2,376
Thursday, 20 November 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Sale	28,106.03	21,126 Ordinary shares	21,126
Monday, 8 December 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	64,655.00	50,000 Ordinary shares	50,000
Thursday, 11 December 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	128,000.00	100,000 Ordinary shares	100,000
Thursday, 8 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	4,013.75	3,211 Ordinary shares	3,211
Friday, 9 January 2015	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Purchase	30,946.25	24,757 Ordinary shares	24,757
Friday, 12 December 2014	Colonial First State Investments Limited (Note 1) ACN 002 348 352	Sale	19,315.79	14,970 Ordinary shares	14,970
Thursday, 16 October 2014	Avanteos Investments Limited ACN 096 259 979	Sale	624.99	498 Ordinary shares	498
Tuesday, 21 October 2014	Avanteos Investments Limited ACN 096 259 979	Sale	586.40	471 Ordinary shares	471
Thursday, 30 October 2014	Avanteos Investments Limited ACN 096 259 979	Sale	694.40	560 Ordinary shares	560
Thursday, 30 October 2014	Avanteos Investments Limited ACN 096 259 979	Sale	354.64	286 Ordinary shares	286

18

Thursday, 2 October 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	70,260.78	57,785 Ordinary shares	57,785
Tuesday, 28 October 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	35,284.87	27,902 Ordinary shares	27,902
Wednesday, 29 October 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	221.88	176 Ordinary shares	176
Thursday, 30 October 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	3,459.96	2,746 Ordinary shares	2,746
Friday, 7 November 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	23,652.20	17,936 Ordinary shares	17,936
Monday, 10 November 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	41,998.78	31,408 Ordinary shares	31,408
Monday, 1 December 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	37,088.38	27,886 Ordinary shares	27,886
Tuesday, 30 December 2014	Realindex Investments Pty Limited ACN 133 312 017	Purchase	210.41	169 Ordinary shares	169

19