CAR GROUP LIMITED — Major Shareholding Notification 2011

May 12, 2011

FACSIMILE BNP PARIBAS INVESTMENT PARTNERS (AUSTRALIA) LIMITED

Level 6, 60 Castlereagh Street, Sydney NSW 2000 Tel: +61 2 9619 6238 Fax: +61 2 9619 6951

DATE:	13 May 2011
ATTENTION:	ASX Company Announcements
FAX NUMBER:	1300 135 638
FROM:	Troy Daly
SUBJECT:	Form 604 - Notice of change of interests
PAGES:	5 (including this page)

This is a restricted communication, it contains confidential material which is intended for the addressee only and is subject to confidentiality rights of the sender and addressee. Confidentiality is not waived, lost or affected in any way whatsoever, if you are not the intended recipient or addressee please notify the sending office immediately, and then destroy all pages of the message.

Dear Sir/Madam,

In accordance with section 671B of the Corporations Act 2001, please find attached a Notice of Change of Interests of Substantial Holder (Form 604) concerning Carsales.com Limited (CRZ) shares held by BNP Paribas Investment Partners (Australia) Limited.

Kind regards

Troy Daly

Head of Compliance

page 1/2 15 July 2001 604

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Schemo	Carsales.com Limited
ACN/ARSN
1. Details of substantial holder (1) Name ACN/ARSN (if applicable)	008 576 449	BNP Paribas Investment Partners (Australia) Limited
There was a change in the Interests of the substantial holder on		10/05/2011
The previous notice was given to the company on		03/05/2011
The previous notice was dated		02/05/2011

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 to the company or scheme, are as follows::

----- Class of securities (4)	Previous notice		Present notice
---	Person's votes	Voling Power (5)	Person's votes	Voting Power (5) AAAAA KAFILIAARAYA BIRTIYA ----
Ordinary	11.789.992	5.03% ---------	14.257.968	6.08%
.	COMMUNICATION

3. Changes in rolevant 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 relovant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affacted	Person's votes affected
03/05/2011- 10/05/2011	BNP Paribas Investment Partnersl (Australia) Limited ----------	Purchase	\$12,128,553.77	2.467.976	2.467.976

4. Present relevant interests

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

Ŷ,

Holder of relevant interest	Rogistered holder of socurities	Person entitled to be registered as holder (8)	Nature of relevant interest (6	Class and number of securities	Person's votes
Refer to Annexure A
			.		---

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:

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

6. Addresses

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

$\begin{array}{c} \begin{array}{c} \text{if } \text{if } \text{if } \text{if } \text{if } \text{if } \text{if } \text{if }$ ----- Namo	Address ---- ---
Refer to Annexure B	----
	--------- _

Signature	print name	Troy Daly	capacity	Head of Compliance
	sign here --		date	13/05/2011
		DIRECTIONS

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 an $(1)$ 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 6 of the form.

• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant intorest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any documert $\langle a \rangle$ solting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, schome or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• 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 $(b)$ to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

$\bar{ }$

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all bonefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitied $(7)$ 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 ho the relevant interest was acquired.
• 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". $(8)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

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$\overline{\phantom{a}}$

14,257,968
43,819	43,819 ordinary shares		Goldman Sachs (Asia) L.L.C. [Goldman Sachs (Asia) L.L.C.
			(Australia) Ltd	(Australia) Ltd
298,928	298,928 ordinary shares		HSBC Custody Nominees	HSBC Custody Nominees
2,236,371	2,236,371 ordinary shares		UBS Nominees	JBS Nominees
				Limited
6,945.240	6,945,240 ordinary shares		National Nominees Pty Limited	National Nominees Pty
1,554,825	1,554,825 ordinary shares		Ltd State Street Nominees Pty Ltd	State Street Norninees Pty
			Phy Ltd	Australia Ply Ltd
823.365	823,365 ordinary shares		JP Morgan Nominees Australia	JP Morgan Nominees
			Australasia Pty Ltd	Australasia Piy Ltd
2,217,708	2,217,708 ordinary shares		BNP Paribas Fund Services	BMP Parbas Fund Services
		RÆ.			Partners (Australia) Limited
137.712	137,712 ordinary shares	Investment Manager	Citicorp Nominees Pty Ltd	Citicorp Nominees Pty Ltd	BNP Paribas Invesiment
Person's Votes	Class and Number of Securities	Interest	Registered as Holder	Securities	Holder of Relevant Intereset
		Nature of Relevant	Persons Entitled to be	Registered Holder of

ī,

This is Annexure A of 1 page referred to in Form 604 - Notice of Change of Interests of Substantial Shareholder.

Date

13/05/2011

Signed

$\hat{\boldsymbol{\beta}}$

Name
Capacity
Organisation

$\bar{\beta}$

$\frac{5}{5}$

Troy Daly
Compliance Manager
BNP Paribas Investment Partners (Australia) Limited

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$\hat{\boldsymbol{\beta}}$

$\overline{\phantom{a}}$

Name	IAddress
Cilicorp Nominees Pty Ltd	GPO Box 764G Melbourne VIC 3001
State Street Nominees Pty Ltd	338 Pitt Street Sydney NSW 2000
Goldman Sachs (Asia) L.L.C.	68th Floor, Cheung Kong Center, 2 Queen's Road, Central, Hong Kong
BNP Paribas Fund Services Australasia Pty Ltd	60 Castlereagh Street Sydney NSW 2000
UP Morgan Nominees Australia Pty Ltd	Level 36 AAP Centre 259 George Street Sydney NSW 2000
JBS Nominees Ply Ltd	Level 16 Chifley Tower 2 Chifley Square SYDNEY NSW 2000
National Nominees Pty Limited	500 Bourke Street Melbourne VIC 3000
HSBC Custody Nominees (Australia)	HSBC Centre, 580 George Street, Sydney NSW 2000

This is Annexure B of 1 page referred to in Form 604 - Notice of Change of Interests of Substantial Shareholder.

Date

Signed

13/05/2011

Composition

Compliance Manager
BNP Paribas Investment Partners (Australia) Limited Troy Daly

Capacity
Organisation

$\hat{\boldsymbol{\beta}}$

Name

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