CHALLENGER LIMITED — Regulatory Filings 2009

Aug 16, 2009

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MARKET RELEASE

17 August 2009

Challenger Financial Services Group Limited

TRADING HALT

The securities of Challenger Financial Services Group Limited (the “Company”) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Wednesday, 19 August 2009 or when the announcement is released to the market.

Security Code:

CGF

Lux Wigneswaran Adviser, Issuers (Sydney)

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Sydney

17 August 2009

Ms L Wigneswaran ASX Companies Adviser Australian Securities Exchange Exchange Centre 20 Bridge Street Sydney NSW 2000

Level 15, 255 Pitt Street Sydney NSW 2000 Australia GPO Box 3698 Sydney NSW 2001 www.challenger.com.au

Telephone 02 9994 7000 Facsimile 02 9994 7777

Dear Ms Wigneswaran,

Challenger Financial Services Group Limited (ASX Code: CGF)

REQUEST FOR TRADING HALT

Challenger Financial Services Group Limited (“ Challenger ”) requests that a trading halt be granted by the Australian Securities Exchange (“ ASX ”) with immediate effect with respect to Challenger’s ordinary shares.

For the purposes of Listing Rule 17.1 of the ASX Listing Rules, Challenger provides the following information:

1. The trading halt is requested to enable Challenger to continue confidential negotiations regarding a potential material transaction;

2. Challenger requests that the trading halt remain in place until the earlier of commencement of normal trading on Wednesday, 19 August 2009 or when Challenger makes an announcement regarding the outcome of the negotiations; and

3. Challenger is not aware of any reason why the trading halt should not be granted.

Yours sincerely

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Chris Robson General Counsel and Company Secretary Challenger Financial Services Group Limited

Melbourne Level 10, 101 Collins Street PO Box 297, Flinders Lane, Melbourne VIC 3000 Telephone 03 8616 1800 Facsimile 03 8616 1899 Brisbane Level 9, CUA Building 175 Eagle Street GPO Box 3234, Brisbane QLD 4001 Telephone 07 3218 8000 Facsimile 07 3220 3132 Perth Level 3, 55 St Georges Terrace PO Box Z5065, St Georges Terrace, Perth WA 6831 Telephone 08 9223 7800 Facsimile 08 9221 2499 Adelaide Level 1, 212 Pirie Street Adelaide SA 5000 Telephone 08 8228 3270 Facsimile 08 8212 1661

Challenger Financial Services Group Limited ABN 85 106 842 371 Challenger Group Services Pty Limited ABN 91 085 657 307 Challenger Life Company Limited ABN 44 072 486 938 AFSL 234670 Challenger Commercial Lending Limited ABN 65 000 033 143 Challenger Managed Investments Limited ABN 94 002 835 592 AFSL 234668 RSE Licence No. L0002967 Challenger Listed Investments Limited ABN 94 055 293 644 AFSL 236 887 CIF Investment Trust 1 ARSN 114 139 703 CIF Investment Trust 2 ARSN 114 139 632

Challenger Wine Trust ARSN 092 960 060 Challenger Diversified Property Trust 1 ARSN 121 484 606 Challenger Diversified Property Trust 2 ARSN 121 484 713 Challenger Kenedix Japan Trust ARSN 124 068 971 Challenger Management Services Limited ABN 29 092 382 842 AFSL 234 678 Challenger Retirement Services Pty Limited ACN115 534 453 AFSL295642 RSE Licence No. L0001304