FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Major Shareholding Notification 2014

Feb 17, 2014

Form 604

Corporations Act 2001 Section 6718

Notice of change of interests of substantial holder

To Company Name/Scheme Te11us Resources Ltd
ACN/ARSN	144733595
1 . Details of substantial holder (1)
Name	Paragon Group Holdinqs ]-inited
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	27 / 07 / 2OI4
The previous notice was given to the company on	L7 / 09 / 2OL3

2. Previous and present voting power

The previous notice was dated 23 / 08 / 2073

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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's voles	Voting power (5)
FuJ-J-y paid ordinary shares	15, 689, 035	13_9r	L8 ,760 ,463	15.02t

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest ofthe substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

ljale oT change	Person whose relevant interesl chanoed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
2L/L/2O!4	Ben Ca-Eeron Sa]-non	rl i reCt holdinqs	\$215,000	3,O7].,428	2_46*

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities afrer the change are as follows:

HOrOer oT relevant interest	Registered holder of securities	Person entitled to be registered as holder /R\	Nature of relevant interest (6)	Class and number of securities	Person's votes
Parag'on grouP ho]-dinqs	Paragon group hoJ-dinqs	Paragon group holdings	direct hoJ.dings	7,O13,047	5-67*
Asia Pacific	Asia Pacific	Paragon group hol.qi nqs	direct holrri nqs	5,787 ,573	4 .64*
Rich Peak Enterprises	Rich Peak Enterprises	Paragon group ho]-dinos	direct holrr'i nqs	4't5,434	0 .38r

pty ltd	pty ltd
Ben Cameron Salmon	Ben Cameron Salmon	Ben Cameron Sa]-non	direct hoJ-dings	5 ,424 ,369	4 .35t

5. Changes in assoclation

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature oftheirassociation (9) with, the substantial holder in relation to voting interests in the company orscheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are as follows

Name	Address
Paragon cloup Holdings Limited	112 Robinson Road #12-03 O589O2 SINGAPORE

Signature

print name	Ben Ca.meron l4e1vi11e Sa]-non	capacity Director
sign here		date '' / : / :t,\

DIRECTIONS

• (1) lfthereareanumberofsubslantial holderswithsimilarorrelatedrelevantinterests(eg acorporationanditsrelatedcorporations,orthe managerandtrusteeofanequitytrust),thenamescouldbeincludedinanannexuretotheform lftherelevantinterestsofagroupof persons are essentially similar, they may be refened 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 6 of the form.
• (2) See the definition of "associate" in section I of the Corporations Act 2001 -
• (3) See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001.
• (4) The voting shares of a company constitute one class unless divided into separate classes
• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• (6) lnclude details of:
• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. lf subsection 671 B(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 anangemenl; and
• (b) any qualification ofthe 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

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, ormay, become entitled to receive in relation tothat 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.
• (8) lf 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) Give details, ifappropriate, ofthe present association and any change in that association since the last substantial holding notice