ENERGY ACTION LIMITED — Major Shareholding Notification 2011

Oct 16, 2011

						Form 603
					Corporations Act 2001
						Section 671B
			Notice of initial substantial holder
To:	Company Name/Scheme	EnergyAction Limited
ACN/ARSN		ACN 137 363 636
1. Details of substantial holder (1)
Name		Steve Twaddell
		Toveelen Pty Limited	(ACN	003 559 313) (togetherTwaddell and Related Entity)
ACN/ARSN (if applicable)		Toveelen PtyLimited	(ACN	003 559 313)
The	holder became a substantial holder on	13 /	10	/	11	Energy Action Limited became a listed company on 13 October 2011.

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 substan tial 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 of securities(4)	Number of securities	Person’s votes(5)	Voting power(6)
ordinaryshares	2,296,209	2,296,209	9.161%

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:

Holder of relevant interest	Nature of relevant interest(7)	Class and number of securities
Twaddell and Related Entity	Toveelen Pty Limited has a relevant interest as the registered and beneficial holder of the shares. Steve Twaddell has a deemed relevant interest under section 608(3)(b) of the Corporations Act in the shares in which Toveelen Pty Limited (an entity controlled by Steve Twaddell) has a relevant interest.	2,296,209 ordinary shares

4. Details of present registered holders

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

Holders of relevant interest	Registered holder of Securities	Person entitled to be registered as a holder(8)	Class and number of securities
Twaddell and Related Entity	Toveelen Pty Limited	Toveelen Pty Limited	2,296,209 ordinary shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four month s 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
Twaddell and Related Entity	08/08/11	$15,022.28		15,987 ordinary shares

603 GUIDE page 1/1 13 March 2000

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