CLEARVIEW WEALTH LIMITED — Major Shareholding Notification 2009

Nov 15, 2009

16 November 2009

The Manager Company Announcements Office Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

MMC Contrarian Limited (ASX Code: MMA) – Distribution schedule and top 20

Following the close of the offer period in respect of the on-market takeover bid by Ecurb Australia Pty Ltd, enclosed is the following information required by ASX Listing Rule 3.4.2:

• a distribution schedule of shareholdings; and

• the names of, and percentages held by, the 20 largest holders of the Company's ordinary shares.

Yours faithfully

Athol Chiert Company Secretary

Distribution Schedule

Share Range	Number of Shareholders
1 – 1,000	284
1,001 – 5,000	1,145
5,001 – 10,000	684
10,001 – 100,000	914
100,001 and over	38
Total	3,065

Top 20 Shareholders

			Percentage
		Number of	of Shares on
	Shareholder	Shares	issue
1.	ECURB AUSTRALIA PTY LIMITED	58,200,982	39.71%
2.	GUINNESS PEAT GROUP (AUSTRALIA) PTY LTD	32,575,729	22.23%
3.	BELL POTTER NOMINEES LTD	4,419,560	3.02%
4.	GPG AUSTRALIA NOMINEES LIMITED	3,893,575	2.66%
5.	MR ALEXANDER PAUL HUTCHISON	2,000,000	1.36%
6.	MR ATHOL IAN CHIERT	1,500,000	1.02%
7.	AVANTEOS INVESTMENTS LIMITED	1,271,998	0.87%
8.	CRS CUSTODIAN PTY LIMITED	1,217,021	0.83%
9.	MR ALEXANDER HUTCHISON	1,000,000	0.68%
10.	JUSTIN ROBERT MCLAUGHLIN	1,000,000	0.68%
11.	RBC DEXIA INVESTOR SERVICES AUSTRALIA NOMINEES PTY LIMITED	862,883	0.59%
12.	MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED	574,644	0.39%
13.	GOOSEGOG PTY LTD	550,000	0.38%
14.	MR BERNARD GEORGE O'DEA + MRS BERNADETTE O'DEA	550,000	0.38%
15.	DONNA LYNN MCKELL	500,000	0.34%
16.	JUSTIN MCLAUGHLIN	500,000	0.34%
17.	COGENT NOMINEES PTY LIMITED	390,165	0.27%
18.	ALAN EDWARD TAYLOR	300,000	0.20%
19.	CALCIUM PARK PTY LTD	297,000	0.20%
20.	AVANTEOS INVESTMENTS LIMITED	280,733	0.19%
	Top 20 holders of issued capital	111,884,290	76.34%
	Remaining Holders Balance	34,677,902	23.66%
	Total shares on issue	146,562,192	100.00%