CAR GROUP LIMITED — Major Shareholding Notification 2014

Jul 30, 2014

Form 604 Corporations Act 2001 Section 671B

Notice of Change of Interests of Substantial Holder

To: Carsales.com Ltd ACN/ARSN:

1. Details of substantial holder (s)

Name: FIL Limited and the entities listed in Annexure A ("FIL") ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 29 July 2014 The previous notice was given to the company on 19 June 2014 The previous notice was dated 19 June 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 (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 Person's votes	Previous Notice Voting Power (5) Person's votes	Present Notice	Present Notice Voting Power (5)
Common Stock	23,239,092	$9.77\%$	20,440,357	8.59%

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)	Considerati on given in relation to change (7)	Class and number of securities affected	Person's votes affected
			AUD \$	Common Stock	Common Stock
06/18/2014	FIL	BUY	10.68	697	697
06/18/2014	FIL	BUY	10.68	90,489	90,489
06/18/2014	FIL	BUY	10.68	909	909
06/18/2014	FIL	BUY	10.68	502	502
06/18/2014	FIL	BUY	10.68	2,412	2,412
06/18/2014	FIL	BUY	10.68	2,101	2,101
06/18/2014	FIL	BUY	10.68	12,890	12,890
06/19/2014	FIL	BUY	10.69	888	888

[Type text]

06/19/2014	FIL	BUY	10.69	115,284	115,284
06/19/2014	FIL	BUY	10.69	1,159	1,159
06/19/2014	FIL	BUY	10.69	498	498
06/19/2014	FIL	BUY	10.69	3,073	3,073
06/19/2014	FIL	BUY	10.69	2,676	2,676
06/19/2014	FIL.	BUY	10.69	16,422	16,422
06/20/2014	FIL.	BUY	10.74	1,555	1,555
06/20/2014	FIL	BUY	10.74	201,992	201,992
06/20/2014	FIL	BUY	10.74	2,030	2,030
06/20/2014	FIL	BUY	10.74	506	506
06/20/2014	FIL	BUY	10.74	5,385	5,385
06/20/2014	FIL	BUY	10.74	4,689	4,689
06/20/2014	FIL	BUY	10.74	28,775	28,775
07/14/2014	FIL	SELL	11.37	88,962	88,962
07/14/2014	FIL	SELL	11.33	100,000	100,000
07/15/2014	FIL	SELL	11.35	23,403	23,403
07/15/2014	FIL	SELL	11.41	50,000	50,000
07/16/2014	FIL	SELL	11.33	60,239	60,239
07/16/2014	FIL	SELL	11.30	175,000	175,000
07/17/2014	FIL	SELL	11.40	145,206	145,206
07/17/2014	FIL	SELL	11.40	175,000	175,000
07/18/2014	FIL	SELL	11.34	49,769	49,769
07/18/2014	FIL	SELL	11.33	616,720	616,720
07/21/2014	FIL	SELL	11.33	27,585	27,585
07/21/2014	FIL	SELL	11.31	100,000	100,000
07/22/2014	FIL	SELL	11.35	59,488	59,488
07/22/2014	FIL	SELL	11.32	199,442	199,442
07/23/2014	FIL	SELL	11.22	115,276	115,276
07/23/2014	FIL	SELL	11.22	5,583	5,583
07/24/2014	FIL	SELL	11.22	64,377	64,377
07/24/2014	FIL	SELL	11.22	3,118	3,118
07/25/2014	FIL	SELL	11.21	176,454	176,454
07/25/2014 07/25/2014	FIL	BUY	11.22	3,229	3,229
07/28/2014	FIL FIL	SELL SELL	11.21 11.27	8,546	8,546
07/28/2014	FIL	SELL	11.32	35,506 476,903	35,506 476,903
07/28/2014	FIL.	SELL	11.27	1,720	1,720
07/28/2014	FIL	SELL	11.32	23,097	23,097
07/29/2014	FIL	BUY	11.50	803	803
07/29/2014	FIL	SELL	11.48	177,624	177,624
07/29/2014	FIL	SELL	11.35	343,099	343,099
07/29/2014	FIL	BUY	11.50	8,540	8,540
07/29/2014	FIL	BUY	11.50	1,048	1.048
07/29/2014	FIL	BUY	11.50	2779	2.779
07/29/2014	FIL	BUY	11.50	2,420	2,420

07/29/2014	FIL	SELL	11.48	8,602	8,602
07/29/2014	FIL	SELL	11.35	16,617	16,617
07/29/2014	FIL	BUY	11.50	14,850	14,850
				Total Buys	528,601
				Total Sells	3,327,336
				Overall Decrease	(2,798,735)

4. Present Relevant Interest

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

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
N/P

6. Addresses

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

Refer to Annexure A

Sign Here

Dated: 31 July 2014 Philip Alexander Regulatory Reporting Manager, Asia Pacific Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Jame	Address	Registered Holder of Securities	Nature of Relevent Interest	Tota
		BROWN BROTHERS HARRIMAN AND		11,592
		CITIBANK LONDON		1,585,368
FIL INVESTMENT MANAGEMENT (AUSTRALIA)	Level 11, 167 Macquarie Street, Sydney, NSW,	CITIBANK LTD MELBOURNE (C)		1,161,503
LIMITED	2000	IP MORGAN, BOURNEMOUTH (C)	Investment Discretion/Voting Power	14,291,765
		NATIONAL ASTL BK MELBOURNE (S)		2,065,178
		NORTHERN TRUST LONDON (C)		24,587
		BROWN BROS HARRIMN LTD LUX (C)		24,557
		BROWN BROTHERS HARRIMAN AND		18.965
		JP MORGAN BOURNEMOUTH (C)		99.374
FIL INVESTMENT MANGENENT (SINGAPORE)	One Marina Boulevard #28-00, Singapore 018989	NORTHERN TRUST LUX (C)	Investment Discretion/Voting Power	92.479
LIMITED		MASTER TRUST BANK OF JAPAN (C)		32.744
		HSBC BANK PLC (C)		877,783
		CITIBANK NA. HONG KONG BR (S)		135,701
		NOMURA TRUST AND BANKING (C)		18,661