CAR GROUP LIMITED — Major Shareholding Notification 2018

Feb 5, 2018

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/ Scheme	Carsales, Com Ltd
ACN/ARSN
1. Details of substantial holder (1) Name	Vinva Investment Management
ACN/ ARSN (if applicable)	147 934 263
The holder ceased to be a substantial holder on		02/02/2018
The previous notice was given to the company on		08/12/2017
The previous notice was dated		06/12/2017

2. 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

	Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
		Vinva Investment	Acquisition of 20,567 shares	Consideration for Acquisition of Shares \$302.576 20.567 shares		20,567 shares
	$07/12/2017 -$		Disposal of 416,538 shares	Consideration for Disposal of Shares \$6.276.952	416,538 shares	416.538 shares
	02/02/2018	Management	Transfer in 67,224 shares		67.224 shares	67,224 shares

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial
holder in relation to voting interests in the company or scheme are as fo

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

4. Addresses

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

Name	Address
Vinva Investment Management	, 10 Bridge Street, Sydney, NSW 2000 ∟evel 13

Signature
	Print name	Robert Cochrane	Capacity	Chief Operating Officer
	Sign here	wai	Date

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 $(1)$ the set a number of substantial invariant and set of the following the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form, if the form, if the relevant interests o

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\left( 2\right)$

See the definition of "associate" in section 9 of the Corporations Act 2001. $(3)$

• $(4)$ Include details of:
• .
  any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any $(a)$ any relevant agreement or other chouristances because or which the change in relevant interest occurred. In subsection or ruter, applies, a copy or a
  document setting out the terms of any relevant agreement, and a statemen
• 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 $(b)$

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

• 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 The consideration 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 $(5)$ was acquired.
• The voting shares of a company constitute one class unless divided into separate classes. $(8)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$