COVENTRY GROUP LIMITED — Major Shareholding Notification 2002

Dec 10, 2002

Form 603 Corporations Law SALES SERVICE Section 671B Notice of initial substantial holder Coventry Group Limiited To Company Name/Scheme $1.$ Details of substantial holder(1) Name Paradice Cooper Investors PtyLtd ABN (if applicable) 090 148 619

The holder became a substantial holder on

$2.$ Details of voting power

i.

The total number of votes attached to all the voting shares in the companyor voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are asdilows:

16 July, 2002

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power (6)
Ordinary shares	2.086.914	2.086.914	$6.18\%$ *

* Based on issued capital of 33,787,680 fully paid ordinary shares .

Details of relevant interests $3.$

The nature of the relevant interest the substantial holder or an associate had in the ollowing voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Paradice Cooper Investors PtyLtd	Power to (or to control) exercise vote and/or dispose of the securities as discretionary investment managers or advisers of superannuation funds, pooled superannuation trusts, managed investment schemes and investment management agreements.	2.086.914

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Retail Employees Superannuation Pty	CHASE Manhattan Bank		Ordinary
Ltd			604.845
HEST Australia Ltd	CHASE Manhattan Bank		Ordinary
			397,005
PIM Nominees Pty	Permanent Trustee		Ordinary
Ltd.	Australia Limited		348,000
Construction $\&$	2585Xonal Australia Bank		Ordinary
Building Union	Ltd		160,000
Superannuation Fund

Accident	ANZ Nominees	Ordinary
Compensation Corporation		165,525
Brisbane City	Commonwealth	Ordinary
Council	Custodian Services	169,114
HOST Plus	CHASE Manhattan Bank	Ordinary
Super		129,581
Superannuation	National Australia Bank	Ordinary
Trust of Australia		112,844

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the daythat
the substantial holder became a substantial holder is as 6llows:

Holder of relevant interest	Date of acquisition	Consideration (9)
Paradice Cooper Investors PtyLtd		Cash	Non-cash	Ordinary fully paid shares
	16/03/02 - 16/07/02	\$7,417,809.25		2.086.914

6. Associates

The reasons the persons named in paragraph 3 above are associates ofthe substantial holder are as follows:

Name and ACN (if applicable)	Nature of association
Not Applicatble .

7. Addresses

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

Name	Address
Retail Employees Superannuation Pty Ltd	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
HEST Australia Ltd	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
PIM Nominees Pty Ltd	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
Construction & Building Union Superannuation Fund	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
Accident Compensation Corporation	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
Brisbane City Council	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
HOST Plus Super	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001
Superannuation Trust of Australia	C/O Paradice Cooper Investors, 11/131 Macquarie Street, Sydney 2001

$\overline{\phantom{a}}$

	Signature	Alan Crozier	capacity	Portfolio Manager
	print name
		$sign here$ $\mathcal{K}_{\mathcal{M}}$	date	5 December 2002
		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 ofmembers is clearly set out in paragraph 7 of the form.
(2)		See the definition of 'associate' in section 9 of the Corporations Law.
(3)		See the definition of 'relevant interest' in sections 608 and 671B(7) ofthe Corporations Law.
(4)		The voting shares of a company constitute one class unless divided into separate classes.
(5)	The total number of votes attached to all the voting shares in the companyor voting interests in the scheme (ifany) that the person or an associate has a relevant interest in.
(6)		The person's votes divided by the total votes in the bodycorporate or scheme multiplied by 100.
(7)	Include details of:
	any relevant agreement or other circumstances bywhich the relevant interest was acquired. If subsection 671B(4) applies, a (a) copy of any document setting out the terms ofany relevant agreement, and a statement bythe person giving full and accurate details of any contract, scheme or arrangement, must accompanythis form, together with a written statement certifying this contract, scheme or arrangement; and any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or (b) disposal of the securities to which the relevant interest relates (indicating clearlythe particular securities to which the qualification applies).
		See the definition of 'relevant agreement' in section 9 of the Corporations Law.
(8)	write 'unknown'.	If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option)
(9)	Details of the consideration must include anyand 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 ifhe 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 ifthey are not paid directly to the person from whom the relevant interest was acquired.

$\label{eq:2} \mathcal{F} = \mathcal{F}$

$\pmb{\ast}$