CVC LIMITED — Major Shareholding Notification 2008

Dec 18, 2008

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme AMCOM TELECOMMUNICATIONS LIMITED ACN/ARSN 062 046 217 1. Details of substantial holder (1) Name CVC Limited ACN / ARSN (if applicable) 002 700 361 The holder became a substantial holder on 10/12/2008 .

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class ofsecurities (4) Numberofsecurities Persons’ votes (5) Voting power(6) Ordinary Shares 27,368,420 27,368,420 5.08% Details of relevant interests nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the ame a substantial holder are as follows: Holderof relevantinterest Nature of relevantinterest (7) Class andnumberofsecurities CVCLimited 13,684,210 CVC Private Equity Limited Significant shareholding held by CVC Limited 13,684,210	Class ofsecurities (4)	Numberofsecurities	Numberofsecurities	Persons’ votes (5)	Persons’ votes (5)	Voting power(6)
	Ordinary Shares	27,368,420		27,368,420		5.08%
Holderof relevantinterest			Nature of relevantinterest (7)		Class andnumberofsecurities
CVCLimited					13,684,210
CVC Private Equity Limited			Significant shareholding held by CVC Limited		13,684,210

3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

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 asholder(8)	Class and number of securities
CVCLimited	CVCLimited	CVCLimited	13,684,210
CVCPrivateEquityLimited	CVCPrivateEquityLimited	CVCPrivateEquityLimited	13,684,210

5. Consideration

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

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
CVCLimited	10/12/2008	$1,299,999.95	-	13,684,210
CVC Private Equity Limited	10/12/2008	$1,299,999.95	-	13,684,210

603 2/2 15 July 2001

6. Associates

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

Name and ACN/ARSN (if applicable) Nature of association The addresses of persons named in this form are as follows: Name Address CVC Limited Level 42, 259 George Street Sydney NSW 2000 CVC Private Equity Limited Level 42, 259 George Street Sydney NSW 2000

7. Addresses

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

Signature

John Hunter Company Secretary

print name capacity

sign here date 18/12/2008

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 7 of the form.

• (2) See the definition of “associate” in section 9 of the Corporations Act 2001.

• (3) See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations A.

• (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 company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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 2001.

• (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) 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.