FIN RESOURCES LIMITED — Major Shareholding Notification 2004

Sep 7, 2004

HEEF ZOOR TEER AY.MCTHTERW $-11117$ ALL AND IN 剛睡 Mekretown - 5179 '€'}e. . .	∥ User Guide ।	Annexure	Close Form
		ዳሱን	-2001 ถลกค ≹∿ l⊫lv⊖ 372

pag

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	M Health Limited
ACN/ARSN	009 121 644
1. Details of substantial holder (1) .

Name		Ascent Capital Pty Ltd and its directors David Steinepreis, Hugh Warner and
ACN/ARSN (if applicable)	065 055 816	Gary Steinepreis

The holder became a substantial holder on

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 refevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

$07/9/04$

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinarv	43,900,000	43,900,000	16.1%

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
refer attachment.	Direct interest in shares Ord 43,900,000

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
			Ordinarv
refer attachment			43,900,000

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)		Class and number of securities
		Cash	Non-cash
refer attachment	7/9/04	\$198,750		43,900,000

	Inschool (ent Daalls)	CONGRETTING	Keleki di An dri Ener User Guide Save	Close Form Annexure 603 page 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
	N/A
	7. Addresses	The addresses of persons named in this form are as follows:
	Name	Ascent Capital Pty Ltd	Address Level 1, 33 Ord Street, West Perth, WA, 6005
		Steinepreis and Warner
	Signature
		print name Gary Steinepreis	capacity Director
		sign here	8/ date	9 / 04
			DIRECTIONS
(1)	form.		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 refevant 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
(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 Act 2001.
(4)			The voting shares of a company constitute one class unless divided into separate classes.
$\left(5\right)$	interest in.		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
$\left(6\right)$			The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
$\langle 7 \rangle$	Include details of:
	份		any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(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)		the relevant interest was acquired.	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

Holder of	Registered	Person	Nature of	Class and	Persons
relevant	holder	entitled to	relevant	No. of	Votes
interest		be	interest	securities
		registered
		as holder
Ascent	Ascent		Direct	9,350,000	9,350,000
Capital	Capital
N&J	N&J	$\ddot{}$	Direct	5,050,000	5,050,000
Mitchell	Mitchell
Holdings	Holdings
Pty Ltd	Pty Ltd
David	David	$\ddot{}$	Direct	2,000,000	2,000,000
Steinepreis	Steinepreis
Linda	Linda	÷	Direct	2,000,000	2,000,000
Steinepreis	Steinepreis
LeisureWest	LeisureWest	₩	Direct	6,000,000	6,000,000
Consulting	Consulting
Pty Ltd	Pty Ltd
Oakhurst	Oakhurst	$\ddot{ }$	Direct	4,000,000	4,000,000
Enteprises	Enteprises
Pty Ltd	Pty Ltd
Jacqueline	Jacqueline	*	Direct	2,500,000	2,500,000
Steinepreis	Steinepreis
Elliot	Elliot	÷	Direct	10,000,000	10,000,000
Holdings	Holdings
Pty Ltd	Pty Ltd
Hugh &	Hugh &	$\ddot{\phantom{1}}$	Direct	3,000,000	3,000,000
Dianne	Dianne
Warner	Warner
			Totals	43,900,000	43,900,000

3 and 4. Details of relevant interests and registered holders

5. Consideration

Date of	Person	Nature of	Consideration	Class and	Persons
change	whose	change		No. of	Votes
	relevant		Cash	securities
	interest
	changed
7/9/04	Ascent	Allotment	\$59,125	9,350,000	9,350,000
	Capital
7/9/04	N&J	Allotment	\$17,375	5,050,000	5,050,000
	Mitchell
	Holdings
	Pty Ltd
7/9/04	David	Allotment	\$7,500	2,000,000	2,000,000
	Steinepreis
7/9/04	Linda	Allotment	\$7,500	2,000,000	2,000,000
	Steinepreis
7/9/04	LeisureWest	Allotment	\$15,000	6,000,000	6,000,000
	Consulting
	Pty Ltd
7/9/04	Oakhurst	Allotment	\$25,000	4,000,000	4,000,000
	Enteprises
	Pty Ltd
7/9/04	Jacqueline	Allotment	\$20,000	2,500,000	2,500,000
	Steinepreis
7/9/04	Elliot	Allotment	\$36,000	10,000,000	10,000,000
	Holdings
	Pty Ltd
7/9/04	Hugh $\&$	Allotment	\$11,250	3,000,000	3,000,000
	Dianne
	Warner
			\$198,750	43,900,000	43,900,000