CAPRAL LIMITED — Major Shareholding Notification 2019

Aug 7, 2019

Form 603

Corporations Act 2001
Section 671B Notice of initial substantial holder

CAPRAL LIMITED To: Company Name/Scheme:

ACN/ARSN:

004 213 692 1. Details of substantial holder

Mitsubishi UFJ Financial Group, Inc. Name

The holder became a substantial holder on: 2 August 2019

1. Details of voting power

The total number of voles attached to all the voling shares in the company or voling interests in the scheme that the substantial holder or
an associate had a relevant interest in on the date the substantial holder became

Number of securities Class of securities		Person's votes	Voting power (%)
[Fully Paid ordinary shares ____	42.607.316	42.607.316	8.80%

3, Details of relevant interests

The nalure of the relovant inlerest the substantial holder or an associate had in the following voting securities on the date the substantial
holder became a subslantial holder are as follows:

Holder of relevant interest	Nature of relevant interest	Class and number of securities
Mitsubishi UFJ Financial Group, Inc.	Relevant interest in securities that Morgan Stanley lhas a relevant interest in under section 608(3) of The Comorations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan IStanlev.	3.494,286 Fully paid ordinary shares
Mitsubishi UFJ Financial Group, Inc.	Relevant interest in securities that Carol Australia Holdings Pty Limited has a relevant interest in under Isection 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of 100% In Carol Australia Holdings Pty Limited.	39,113,030 Fully paid ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant linterest	IRealstered holder of lsecurities	lPerson entitled to be registered as holder	Class and number of securities
Mitsubishi UFJ Financial Group, Inc.	Morgan Stanley Australia		Fully paid ordinary 3,494,286
	(Securities (Nominee) Ply Limited		shares
Mitsubishi UFJ Financial Group, Inc.	[Citicorp Nominees Pty Limited]		Fully paid ordinary 39,113,030
	l (Australia)		shares

1. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the
substantial holder became a substantial holder is as follows:

Holder of relevant linterest	Date of acquisition	Consideration		Class and number of securities
		Cash	Non-cash
ISee annexure B to this notice

6, Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	INature of association
See annexure A to this notice	TEach company referred to is an associate of Mitsubishi UFJ Financial Group, Inc. under section 12 of
	lihe Corporations Act ----------

7. Addresses

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

Name	Address
Milsubishi UFJ Financial Group, Inc.	2-7-1 Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan

1. Signature

Solowy Ricomola Tetsuya Shig

Dated 8 August 2019

Annexure A

This is annexure A of 5 pages referred to in Form 603, Notice of initial substantial holder dated 8 August 2019

Tetsuya Shigemoto

Authorised signatory

Dated 8 August 2019

SCHEDULE

MUFG Bank, Ltd. Mitsubishi UFJ Trust and Banking Corporation Mitsubishi UFJ Securities Holdings Co., Ltd. MU Business Engineering, Ltd.
The Mitsubishi UFJ Factors Limited Mitsubishi UFJ Jinji Service Co., Ltd. MU Techno-service Co., Ltd. Tokyo Credit Service, Ltd. Tokyo Associates Finance Corp. MU Business Service Co., Ltd. Mitsubishi UFJ Loan Business Co.,Lid. Mitsubishi UFJ Information Technology, Ltd. MU Center Service Tokyo Co., Ltd. MU Center Service Nagoya Co., Ltd. MU Center Service Osaka Co., Ltd. MU Business Aid Co., Ltd. MU Property Reserch Company Limited Mitsubishi UFJ Home Loan CREDIT CO., LTD. The Diamond Home Credit Company Limited Mitsubishi UFJ Reserch & Consulting Co., Ltd. MU Frontier Servicer Co., Ltd. Otemachi Guarantee Co., Ltd. GD Holdings Company Limited MU Loan Administration Support Co., Ltd. MU Communications Co., Ltd. Japan Electronic Monetary Claim Organization MU Business Partner Co., Ltd. MUT Business Outsourcing Co., Ltd. Mezzanine Solution II Limited Partnership Mezzanine Solution III Limited Partnership Mitsubishi UFJ Capital Co., Ltd. Mitsubishi UFJ Capital III, Limited Partnership Mitsubishi UFJ Capital IV, Limited Partnership
Mitsubishi UFJ Capital V, Limited Partnership Mitsubishi UFJ Capital VI, Limited Partnership Mitsubishi UFJ Capital VII, Limited Partnership Mitsubishi UFJ Life Science 1, Limited Partnership Mitsubishi UFJ Life Science 2, Limited Partnership Tohoku Senary Industry Support, Limited Partnership
OiDE Fund Investment Limited Partnership Mitsubishi UFJ Personal Financial Advisers Co., Ltd. Mitsubishi UFJ Financial Partners Co., Ltd. The Mitsubishi Asset Brains Company, Limited BOT Lease Co., Ltd. The Chukyo Bank, Ltd. Nippon Mutual Housing Loan Co., Ltd. JM Real Estate Co., Ltd. Jibun Bank Corporation JACCS CO. LTD. JALCARD Inc. Yume Shokei Fund No.2 Yume Shokei Fund No.3 Marunouchi Capital Fund II Limited Partnership M-U-Trust Sougou Kanri Co., Ltd. Mitsubishi UFJ Trust Business Co., Ltd. Ryoshin Data Co., Ltd. Mitsubishi UFJ Trust Systems Co., Ltd. Mitsubishi UFJ Trust Investment Technology Institute Co., Ltd. Mitsubishi UFJ Trust Hosyo Co., Ltd. M. U. Trust. Apple Planning Company, Ltd. Mitsubishi UFJ Real Estate Services Co., Ltd.

Mitsubishi UEJ Daiko Business Co., Ltd. The Masler Trust Bank of Japan, Ltd. MU Investments Co., Ltd. Japan Shareholder Services Ltd. Mitsubishi UFJ Kokusai Asset Management Co., Ltd. Tokumei-Kumiai (CPI) Tokumei-Kumiai (GII) Tokumei-Kumiai (Gate Bridge 1) Tokumei-Kumiai (CENTOMILIARDO) Tokumei-Kumiai (MEET) Tokumei-Kumiai (FIELD) Ippan Shadan Houjin Leone Jointly Managed Monetary Trust Fund (Fund Number:550001) MU Trust Property Management Co., Ltd. Tokumei-Kumiai (RICE) TOKKINGAI (Fund Number 900338) TOKKINGAI (Fund Number.900327) TOKKINGAI (Fund Number.900344) AMP Capital Investors KK MM Partnership MUS Information Systems Co., Ltd. MUS Business Service Co., Ltd. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Mitsubishi UFJ Morgan Stanley PB Securities Co., Ltd. kabu.com Securities Co., Ltd. Morgan Stanley MUFG Securities Co., Ltd. Mitsubishi UFJ NICOS Co., Ltd. Card Business Service Co., Ltd. MU NICOS Business Service Co., Ltd. MU NICOS Credit Co., Ltd. Ryoshin DC Card Company Ltd. JMS Co., Ltd. Paygent Co., Ltd.
JA Card Co., Ltd. ACOM CO., LTD.
IR Loan Servicing, Inc. MU Credit Guarantee Co., Ltd. Japan Digital Design, Inc. Crowd Money Inc. MUMEC Visionary Design, Ltd. Global Open Network, Inc. Global Open Network Japan, Inc. MUFG Innovation Partners Co., Ltd. MUFG Innovation Partners No.1 Investment Partnership Mitsubishi Research Institute DCS Co.,Ltd. HR Solution DCS Co., Ltd. Mitsubishi UFJ Lease & Finance Company Limited Hitachi Capital Corporation Nihombashi TG Jigyo Kyodo Kumiai NIHOMBASHI TG SERVICE CO., LTD. SHIN-NIHOMBASHI TSUSHO CO., LTD. Solution Design Co., Itd. Nippon Record Keeping Network Co., Ltd. Banco MUFG Brasil S.A. 9808680 Canada Inc. BTMU (Curacao) Holdings N.V. MUFG Bank (Europe) N.V. MUFG Business Services (Holland) B.V. MUFG Funding (UK) Limited MUFG Europe Lease (Deutschland) GmbH
MUFG Bank (Malaysia) Berhad MUFG North America International, Inc. MUFG Bank Mexico, S.A. MUFG Nominees (HK) Limited MUFG Nominees (UK) Limited MUFG Americas Holdings Corporation MUFG Union Bank, N.A. Union Bank of California Leasing, Inc. UBOC Community Development Corporation UnionBanc Investment Services, LLC Bankers Commercial Corporation UnionBanCal Equities, Inc. UnionBanCal Leasing Corporation UnionBanCal Mortgage Corporation Mills-Ralston, Inc. HighMark Capital Management, Inc. BCC OX I Inc. BCC OX II, Inc. SEMA OP9 LLC

SEMA OPB LLC MORGANTOWN OL6 LLC MORGANTOWN OL7 LLC MORGANTOWN OL5 LLC DICKERSON OL4 LLC TRL One A. LLC TRL One B. LLC TRL One, LP BM1,LLC UB Leasing Corporation Pacific Capital Statutory Trust I Shitch IV Wind Project, LLC Shiloh IV Holdings Lessor Trust Green Union | Trust Green Union II Trust Green Union III Trust Tohlease Corporation MUFG Americas Funding Corporation MUFG Americas Financial & Leasing Corporation B-4 U.B. Vehicle Leasing, Inc. MUFG Americas Leasing Corporation MUFG Americas Financial Services, Inc. MUFG Americas Leasing (Canada) Corporation MUFG Americas Leasing & Finance, Inc. MUFG Americas Capital Leasing & Finance, LLC MUFG Americas Corporate Advisory, Inc. MUFG Americas LF Capital LLC MUFG Americas Capital Company MUFG Fund Services (USA) LLC MUFG Securities Americas Inc. MUFG Capital Analytics LLC MUFG Investor Services (US), LLC Intrepid Investment Bankers LLC Southern California Business Development Corporation Catalina Solar Holdings Lessor Trust Catalina Solar, LLC Morgan Stanley MUFG Loan Partners, LLC
PT U Finance Indonesia PT. MU Research and Consulting Indonesia MU Research and Consulting (Thailand) Co., Ltd. MUFG Participation (Thailand) Co., Ltd. AO MUFG Bank (Eurasia) MUFG Bank (China), Ltd. BTMU Preferred Capital 8 Limited BTMU Preferred Capital 9 Limited BTMU Liquidity Reserve Investment Limited MUFG Bank Turkey Anonim Sirketi Bank of Ayudhya Public Company Limited Krungsri Ayudhya AMC Limited Krungsri Factoring Company Limited Ayudhya Development Leasing Company Limited Ayudhya Capital Auto Lease Public Company Limited Krungsriavudhya Card Company Limited General Card Services Limited Ayudhya Capital Services Company Limited Krungsri General Insurance Broker Limited Krungsri Life Assurance Broker Limited Krungsri Asset Management Company Limited Total Services Solutions Public Company Limited Ngern Tid Lor Company Limited
Krungsri Securities Public Company Limited Siam Realty and Services Security Co., Ltd. Krungsri Leasing Services Co., Ltd. Hattha Kaksekar Limited Krungsri Finnovate Co., Ltd. Tesco Card Services Limited BTMU Liquidity Reserve Investment 2 Limited BTMU Liquidity Reserve Investment 3 Limited PT Guna Dharma PT Bank Danamon Indonesia, Tbk. PT Adira Quantum Multifinance PT Adira Dinamika Multi Finance Tbk PT Asuransi Adira Dinamika BOT Lease (HK) Co., Ltd. PT Bumiputera - BOT Finance BOT Lease Holding Philippines, Inc. BOT Lease and Finance, Philippines, Inc. BOT Lease (Thailand) Co., Ltd. MUFG Holding (Thailand) Co., Ltd.

Bangkok MUFG Limited BOT Lease(Eurasia)LLC BOT Lease (Tianjin) Co., Ltd. BOTL Factoring (Shanghai) Co., Ltd. BOT LEASE MEXICO S.A. DE C.V. BOT FINANCE MEXICO, S.A. DE C.V., SOFOM, E.N.R. GOLDEN ASIA FUND VENTURES LTD. Lakefield Wind Project OP Trust Lakefield Wind Project, LLC Pacwind Holdings Lessor Trust Pacific Wind, LLC Vietnam Joint Stock Commercial Bank for Industry and Trade GOLDEN ASIA FUND II, L.P. Security Bank Corporation Milsubishi UFJ Trust International Limited Mitsubishi UFJ Baillie Gifford Asset Management Limited Mitsubishi UFJ Investor Services & Banking (Luxembourg) S.A. MUFG Lux Management Company S.A Mitsubishi UFJ Investment Services (HK) Limited Mitsubishi UFJ Asset Management (UK) Ltd. LUX J1 FUND MUFG Investor Services Holdings Limited MUFG Fund Services (Bermuda) Limited MUFG Fund Services (Cayman) Limited MUFG Fund Services (Cayman) Group Limited MUFG Fund Services (Ireland) Limited Fund Secretaries Limited MUFG Fund Services Limited MUFG Fund Services (Canada) Limited MUFG Fund Services (UK) Limited MUFG Fund Services (Halifax) Limited MUFG Fund Services (Singapore) Pte. Ltd. MUFG Fund Services (Hong Kong) Limited MUFG Alternative Fund Services (Cayman) Limited Firtown International Holdings Ltd. General Secretaries Ltd. AFS Controlled Subsidiary 1 Ltd. AFS Controlled Subsidiary 2 Ltd. AFS Controlled Subsidiary 3 Ltd. MUFG Alternative Fund Services (Ireland) Limited MUFG Alternative Fund Services (Jersey) Limited MUFG Jersey Management Company Limited MUFG Controlled Subsidiary 1 (Cayman) Limited SWS MU FUND MANAGEMENT CO., LTD. SWSMU (SHANGHAI) ASSETS MANAGEMENT COMPANY LIMITED AMP Capital Holdings Limited MUFG Global Fund SICAV MUFG Securities EMEA plc MUFG Securities (Europe) N.V. MUFG Securities Asia (Singapore) Limited MUFG Securities Asia Limited Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. MUFG Securities (Canada), Ltd. EASY BUY Public Company Limited
ACOM CONSUMER FINANCE CORPORATION MUFG Capital Finance 8 Limited MUFG Capital Finance 9 Limited GOLDEN ASIA FUND, L.P. DCS Information Technology (Shanghai) Co., Ltd MRIDCS Americas, Inc. Morgan Stanley Purple Finance (Cayman) International Ltd. Bangkok Mitsubishi UFJ Lease Co., Ltd The California-Sansome Corporation CAROL AUSTRALIA HOLDINGS PTY LIMITED (ACN 630 725 558) CFSGAM IP HOLDINGS PTY LIMITED (ACN 625 765 399) CFSGAM SERVICES PTY LTD (ACN 624 305 595) CFSPAI EUROPE CO LIMITED (COMPANY CODE C41267) CFSPAI EUROPE HOLDCO LIMITED (COMPANY CODE C41260) COLONIAL FIRST STATE ASSET MANAGEMENT (AUSTRALIA) LIMITED (ACN 114 194 311) COLONIAL FIRST STATE INFRASTRUCTURE HOLDINGS LIMITED (ACN 085 313 926) COLONIAL FIRST STATE INFRASTRUCTURE MANAGERS (AUSTRALIA) PTY LTD (ACN 101 384 294) COLONIAL FIRST STATE INVESTMENT MANAGERS (UK) LIMITED (COMPANY NO. 00153197) COLONIAL FIRST STATE MANAGED INFRASTRUCTURE LIMITED (ACN 006 464 428) EDIF II GP S.A.R.L. (COMPANY NO. B204413) EUF 11 UF S.A.R.L. (COMPANY INC. B201413)
FIRST STATE EUROPEAN DIVERSIFIED INFRASTRUCTURE S.A.R.L. (COMPANY NO. 8134314)
FIRST STATE INFRASTRUCTURE MANAGERS (INTERNATIONAL) LIMITED (COMPANY NO. 298444)
FIRST STATE INVESTME FIRST STATE INVESTMENT MANAGERS (ASIA) LIMITED (ACN 054 571 701)

FIRST STATE INVESTMENT SERVICES (UK) LIMITED (COMPANY NO. 03904320)

FIRST STATE INVESTMENTS (HONG KONG) LIMITED (CR NO. 0206616)

FIRST STATE INVESTMENTS (IRELAND) LIMITED (COMPANY NO. 629188)

FIRST STATE INVESTMENTS (JAPAN) LIMITED (COMPANY NUMBER 0104-01-093090)
FIRST STATE INVESTMENTS (SINGAPORE) (COMPANY NO. 02294743)
FIRST STATE INVESTMENTS (UK HOLDINGS) LIMITED (COMPANY NO. 03904310)

FIRST STATE INVESTMENTS (UK) LIMITED (COMPANY NO. 02294743)
FIRST STATE INVESTMENTS (UK) LIMITED (COMPANY NO. 02294743)

FIRST STATE INVESTMENTS FUND MANAGEMENT S.A.R.L (COMPANY NO. B128117)

FIRST STATE INVESTMENTS HOLDINGS (SINGAPORE) LIMITED (REGISTRATION NO. 199901706Z)
FIRST STATE INVESTMENTS INTERNATIONAL LIMITED (COMPANY NO. SC079063)

FIRST STATE NOMINEES (HONG KONG) LIMITED (CR NO. 0206615) FSIBLTD

TO LTD
REALINDEX INVESTMENTS PTY LIMITED (ACN 133 312 017)
SI HOLDINGS LIMITED (COMPANY NO. SC109439)
TOTAL KEEN INVESTMENT LIMITED (CR NO. 0580652)

Annexure B

This is annexure B of 1 page referred to in Form 603, Notice of initial substantial holder dated B August 2019

Tetsuya Shigemoto

Authorised signatory

Dated 8 August 2019

This disclosure is being made as a consequence of Mitsubishi UFJ Trust and Banking Corporation, a consolidated subsidiary of Mitsubishi UFJ Financial
Group, Inc., completing its acquisition the global asset management busi

1999 - Johann Barnett, fransk politik			assistant of the state of the state of the State and number of the
	Holder of relevant interest excess bare of adquisition we are specified to a cash of the consideration non-cash = { we securities affected =
Milsubishi UFJ Financial
Group, Inc.	3/04/2019	629.59	N/A	4.843 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	15/04/2019	304.33	N/A	2.341 Ordinary Shares
Milsubishi UFJ Financial
Group, Inc.	16/04/2019	289.5	N/A	2,316 Ordinary Shares
Milsubishi UFJ Financial
Group, Inc.	8/05/2019	656,4	NIA	5,470 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	16/05/2019	717.49	N/A	6,239 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	23/05/2019	452.5	N/A	3.620 Ordinary Shares
Mitsublshl UFJ Financial
Group, Inc.	5/06/2019	265.54	N/A	2,309 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	12/06/2019	842.26	NΆ	7,324 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	17/06/2019	629.97	N/A	5,478 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc. Mitsubishi UFJ Financial	19/06/2019	342.82	NIA	2,981 Ordinary Shares
Group, Inc.	20.06/2019	395.89	İN/A
Mitsubishi UFJ Financial				3,599 Ordinary Shares
Group, Inc.	27/06/2019	431.66	IN/A	4.111 Ordinary Shares
Milsubishi UFJ Financial
Group, Inc.	5/07/2019	513.7	ln/A	4,670 Ordinary Shares
Milsubishi UFJ Financial
Group, Inc.	8/07/2019	433.29	N/A	3,939 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	9/07/2019	520.52	N/A	4.732 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc.	17/07/2019	42530.46	N٨	405,052 Ordinary Shares
Mitsubishi UFJ Financial
Group, Inc. Mitsubishi UFJ Financial	18/07/2019	28663.91	N/A	260,581 Ordinary Shares
Group, Inc.	19/07/2019	46580.87	In/A	405.051 Ordinary Shares