CLEARVIEW WEALTH LIMITED — Major Shareholding Notification 2008

Oct 30, 2008

604 page 1/3

Corporations Act Section 671B

Form 604

Notice of change of interests of substantial holder

To Company Name/Scheme MMC CONTRARIAN LIMITED ACN/ARSN 106 248 248

1. Details of substantial holder (1)

GUINNESS PEAT GROUP plc & its subsidiaries Incorporated and registered in England and Wales with registered number 103548

Name	GUINNESS PEATGROUP plc & its subsidiaries
ACN (if applicable)	Incorporated and registered in England and Wales with registered number 103548
There was a change in the interests of the substantial holder on	29/10/08
The previous notice was given to the company on	27/08/08
The previous notice was dated	27/08/08
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 ofsecurities (4) Previousnotice	Presentnotice
Person'svotes	Voting power(5) Person'svotes	Voting power(5)

Class ofsecurities (4)	Previousnotice	Previousnotice	Presentnotice	Presentnotice
	Person'svotes	Voting power(5)	Person'svotes	Voting power(5)
Ordinary	73,099,076	29.43%	37,308,856	26.16%

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	whose relevant	Nature of change (6)	Nature of change (6)	Consideration	Consideration	Class and		Person's votes affected	Person's votes affected
		interest	changed				given in	relation	number of
							to change (7)		securities affected
	Refer Annexure
	“A”
	t interests
	relevant interest of the substantial holder			in voting securities after the change are as follows:
	Holder of	Registered holder of				Person entitled to be		Nature of relevant		Class and		Person's votes
	relevant interest	securities				registered as holder (8)		interest	(6)	number	of
										securities
	Guinness Peat	Guinness Peat		Group		Guinness Peat Group plc & its		Beneficial		28,965,366 Ord		28,965,366
	Group plc & its	(Australia) Pty Limited				subsidiaries		owner
	subsidiaries
	Guinness Peat	Bell Potter Nominees Limited				Guinness Peat Group plc & its		Beneficial		4,419,560 Ord		4,419,560
	Group plc & its					subsidiaries		owner
	subsidiaries
	Guinness Peat	GPG	Australia	Nominees		Guinness Peat Group plc & its		Beneficial		3,349,286 Ord		3,349,286
	Group plc & its	Limited				subsidiaries		owner
	subsidiaries
	Guinness Peat	Merrill	Lynch	(Australia)		Guinness Peat Group plc & its		Beneficial		574,644 Ord		574,644
	Group plc & its	Nominees Limited				subsidiaries		owner
	subsidiaries

4. Present relevant interests

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

form 604-mma311008.doc

604 page 2/3

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:

mpany or scheme are as follows:
Name and ACN (if applicable)	Nature of association
persons named in this form are as follows:
Name	Address
Guinness Peat Group plc & its subsidiaries	First Floor ,Times Place, 45 Pall Mall, London SW1Y 5GP
Guinness Peat Group (Australia) Pty Limited	PO Box R475 Royal Exchange NSW 1225
Bell Potter Nominees Limited	GPO Box 4718TT Melbourne Vic 3001
GPG Australia Nominees Limited	First Floor ,Times Place, 45 Pall Mall, London SW1Y 5GP
Merrill Lynch (Australia) Nominees Limited	Level 21, 120 Collins Street, Melbourne VIC 3000

6. Addresses

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

Signature

	print name Gary H Weiss Capacity Director
	sign here Date 31 October 2008
	DIRECTIONS
(1)	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 annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the
	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.
(2)	See the definition of "associate" in section 9 of the Corporations Act.
(3)	See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.
(4)	The voting shares of a company constitute one class unless divided into separate classes.
(5)	The person's vote divided by the total votes in the body corporate or scheme multiplied by 100.
(6)	Include details of:
	(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document
	setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must
	accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
	(b) 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 particular securities to which the qualification applies).
	See the definition of "relevant agreement" in section 9 of the Corporations Act.
(7)	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
	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 holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest
	was acquired.
(8)	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".
(9)	Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

form 604-mma311008.doc

604 page 3/3

ANNEXURE “A”

This is Annexure “A” of one page referred to in the Form 604 signed by me and dated 31 October 2008.

GH Weiss Director

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	Person whose	Nature of Change	Consideration	Class and	Person’s
Change	relevant interest		given in relation	number of	votes
	changed		to change	securities	affected
				affected
23/10/08	Guinness Peat Group	Deemed relevant	Not applicable	34,383,611 ORD	34,383,611
	plc & its subsidiaries	interest under
		s608(8) of the
		Corporations Act
		as a result of the
		Company
		approving in
		general meeting
		the acquisition of
		shares by
		Guinness Peat
		Group (Australia)
		Pty Ltd from HGL
		Ltd
29/10/08	Guinness Peat Group	Disposal arising	Not applicable	(18,054,523	(18,054,523 )
	plc & its subsidiaries	from the		ORD)
		cancellation of
		shares of HGL Ltd
		bought back by
		the Company
		under its buy back
		scheme
29/10/08	Guinness Peat Group	Disposal arising	($12,574,609.17)	(17,735,697	(17,735,697)
	plc & its subsidiaries	from the		ORD)
		cancellation of
		shares of
		Guinness Peat
		Group
		plc & its
		subsidiaries
		bought back by
		the Company
		under its buy back
		scheme

form 604-mma311008.doc