GPT GROUP — Regulatory Filings 2010

Jul 19, 2010

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To_Company Name/Scheme	GPT Group
ACN/ARSN	ACN 107 426 504
1. Details of substantial holder (1)
Name	ING Group (and its related body corporates)
ACN/ARSN (if applicable)
The holder became a substantial holder on	08/07/2010

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 of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Fully Paid Ordinary Shares	94,731,926	94,731,926	5.11%

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 to Annexure A

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
Refer to Annexure A

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 to Annexure B

6. Associates

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

7. Addresses

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

Name	Address
Refer to Annexure C

Signature

print name	David Hendriks	capacity	Director Compliance ING Investment Management Limited
sign here	erri	date	20/07/2010

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• 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 $(5)$ associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ 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
• 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 clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "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.

ANNEXURE 'A'

Present relevant interests

This is the Annexure marked 'A' of 1 page referred to in Form 603 - Notice of initial substantial holder signed by me on:

David Hendriks
Director, Compliance of ING Investment Management Limited

Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and number of securities	Person's votes
J P Morgan Nominees Australia Limited	ING Funds Management Limited as Responsible Entity	to section 608(1) of the Corporations Act	15,046,070	15,046,070
Citibank N.A., Hong Kong (Custodian); Citicorp Nominees Pty Limited (Sub Custodian)	ING Investment Management Limited as Fund Manager	As above	291,194	291,194
J P Morgan Nominees Australia Limited	ING Investment Management Limited as Fund Manager	As above	219,400	219,400
Citibank N.A., Hong Kong (Custodian); Citicorp Nominees Pty Limited (Sub Custodian)	ING Investment Management Limited as Fund Manager	As above	154,128	154,128
Cogent Nominees Pty Limited	ING Investment Management Limited as Fund Manager	As above	252,308	252,308
ING Clarion Real Estate Securities	ING Clarion Real Estate Securities	As above	78,768,826	78,768,826
			Relevant interest ansing pursuant

94,731,926 94,731,926

$\overline{a}$

ANNEXURE 'B'

Changes in relevant interests

This is the Annexure marked 'B' of 5 pages referred to in Form 603 - Notice of initial substantial holder signed by me on:

$relo1|10$

$\overline{\rho}$ Á

David Hendriks Director, Compliance ING Investment Management Limited

Date of change	Person whose relevant interest changed	Nature of change	Consideration given in relation to change	Class and number of securities affected	Person's votes affected
1/03/2010	CLARION	Sale of Units on ASX	36,476 \$	63,100	63,100
2/03/2010	CLARION	Buy of Units on ASX	271,467 s	465,200	465,200
2/03/2010	CLARION	Buy of Units on ASX	\$ 122,521	210,000	210,000
3/03/2010	CLARION	Buy of Units on ASX	27,580 \$	47,500	47,500
3/03/2010	IIM	Sale of Units on ASX	\$ 85,203	147,226	147,226
3/03/2010	IIM	Sale of Units on ASX	\$ 1,342,512	2,319,431	2,319,431
3/03/2010	IIM	Sale of Units on ASX	\$ 54,393	93,988	93,988
3/03/2010	IIM	Sale of Units on ASX	4,783,328 \$	8,264,058	8,264,058
3/03/2010	IIM	Sale of Units on ASX	\$ 1,305,387	2,255,290	2,255,290
4/03/2010	CLARION	Buy of Units on ASX	\$ 400,885	685,000	685,000
5/03/2010	IIM	Buy of Units on ASX	\$ 2,197	3,691	3,691
5/03/2010	IІM	Buy of Units on ASX	\$ 1,963	3,298	3,298
8/03/2010	CLARION	Buy of Units on ASX	\$ 23,818	40,000	40,000
8/03/2010	CLARION	Sale of Units on ASX	\$ 24,757	41,800	41,800
10/03/2010	IIM	Buy of Units on ASX	s 1,502	2,610	2,610
15/03/2010	IIM	Buy of Units on ASX	\$ 87,530	154,521	154,521
16/03/2010	IIM	Buy of Units on ASX	\$ 6,145	10,776	10,776
17/03/2010	IIM	Sale of Units on ASX	\$ 3,034,566	5,430,000	5,430,000
17/03/2010	IIM	Sale of Units on ASX	s 84,576	150,000	150,000
17/03/2010	IIM	Sale of Units on ASX	\$ 239,048	422,806	422,806
17/03/2010	HМ	Sale of Units on ASX	\$ 3,270,781	5,700,000	5,700,000
17/03/2010	IIM IIM	Sale of Units on ASX	\$ 1,788,326 s 1,254	3,200,000 2,199	3,200,000
18/03/2010 19/03/2010	IIM	Buy of Units on ASX Buy of Units on ASX	\$ 2,463	4,396	2,199 4,396
22/03/2010	IIM	Buy of Units on ASX	\$ 2,211	3,925	3,925
23/03/2010	CLARION	Sale of Units on ASX	s 39,497	69,700	69,700
24/03/2010	CLARION	Sale of Units on ASX	\$ 67,208	119,000	119,000
25/03/2010	IIM	Buy of Units on ASX	\$ 70,000	125,000	125,000
25/03/2010	iіM	Buy of Units on ASX	\$ 416,114	745,000	745,000
25/03/2010	ШM	Sale of Units on ASX	70,000 \$	125,000	125,000
26/03/2010	IIM	Sale of Units on ASX	\$ 37,672	67,978	67,978
26/03/2010	IIM	Sale of Units on ASX	\$ 39,956	72,022	72,022
26/03/2010	IIM	Sale of Units on ASX	\$ 581,846	1,049,769	1,049,769
26/03/2010	IIM	Sale of Units on ASX	\$ 617,133	1,112,231	1,112,231
26/03/2010	IIM	Sale of Units on ASX	\$ 37,672	67,978	67,978
26/03/2010	IIM	Sale of Units on ASX	\$ 39,956	72,022	72,022
26/03/2010	IIM	Sale of Units on ASX	\$ 1,951,151	3,520,272	3,520,272
26/03/2010	HМ	Sale of Units on ASX	\$ 2,069,478	3,729,728	3,729,728
26/03/2010	IIM	Sale of Units on ASX	\$ 717,216	1,294,003	1,294,003
26/03/2010	IIM CLARION	Sale of Units on ASX Buy of Units on ASX	\$ 760,712 \$ 164,682	1,370,997 289,900	1,370,997 289,900
29/03/2010	CLARION	Buy of Units on ASX	\$ 1,703,852	3,000,000	3,000,000
29/03/2010	CLARION	Buy of Units on ASX	\$ 10,223	18,000	18,000
29/03/2010	IIM	Buy of Units on ASX	\$ 1,499	2,606	2,606
30/03/2010	IIM	Sale of Units on ASX	\$ 87,939	152,989	152,989
30/03/2010	CLARION	Sale of Units on ASX	\$ 39,180	68,000	68,000
31/03/2010 31/03/2010	CLARION	Sale of Units on ASX	\$ 13,655	23,700	23,700
31/03/2010	IIM	Buy of Units on ASX	63,910 \$	110,921	110,921
31/03/2010	IIM	Buy of Units on ASX	\$ 2,195,318	3,810,134	3,810,134
31/03/2010	IIM	Buy of Units on ASX	\$ 1,865	3,241	3,241
1/04/2010	CLARION	Sale of Units on ASX	\$ 90,749	156,500	156,500
1/04/2010	IIM	Sale of Units on ASX	8,636,598 s	14,763,415	14,763,415
6/04/2010	CLARION	Buy of Units on ASX	\$ 22,650	38,400	38,400
7/04/2010	CLARION	Sale of Units on ASX	\$ 6,397	11,000	11,000
7/04/2010	IIM	Buy of Units on ASX	\$ 66,097	113,728	113,728
7/04/2010	IIM	Buy of Units on ASX	\$ 2,270,517	3,906,676	3,906,676
8/04/2010	IIM	Buy of Units on ASX	\$ 65,709	113,060	113,060
8/04/2010	IIМ CLARION	Buy of Units on ASX Sale of Units on ASX	\$ 2,257,399 \$ 271,175	3,884,105 470,000	3,884,105 470,000
9/04/2010 13/04/2010	HМ	Buy of Units on ASX	s 1,582	2,774	2,774
	CLARION	Buy of Units on ASX	\$ 12,862	21,700	21,700
15/04/2010	IIM	Sale of Units on ASX	\$ 500,472	850,000	850,000
16/04/2010	CLARION	Sale of Units on ASX	\$ 32,971	57,000	57,000
20/04/2010	CLARION	Sale of Units on ASX	\$ 2,892,155	5,000,000	5,000,000
20/04/2010	IIM	Sale of Units on ASX	\$
20/04/2010	CLARION	Sale of Units on ASX	32,971 \$ 41,777	57,000 72,900	57,000 72,900
21/04/2010	CLARION	Sale of Units on ASX	\$ 19,083	33,300
21/04/2010	IIМ	Sale of Units on ASX	\$ 19,083	33,300	33,300 33,300
21/04/2010	IIM	Buy of Units on ASX	\$ 1,858	3,230
21/04/2010	CLARION	Sale of Units on ASX	\$ 89,010		3,230
22/04/2010			80,001	154,800 138,700	154,800
23/04/2010	CLARION	Buy of Units on ASX Sale of Units on ASX	\$ \$		138,700
23/04/2010	CLARION CLARION		162,367 \$ 291,163	282,000	282,000
27/04/2010		Sale of Units on ASX		500,000	500,000
27/04/2010	CLARION	Sale of Units on ASX	582,325 \$	1,000,000	1,000,000
27/04/2010	CLARION	Sale of Units on ASX	\$ 41,054	70,500	70,500
29/04/2010	IIМ	Buy of Units on ASX	\$ 9,882	17,000	17,000
29/04/2010	IМ	Buy of Units on ASX	\$ 8,719	15,000	15,000
29/04/2010	ΙМ	Buy of Units on ASX Buy of Units on ASX	\$ 707,888	1,218,000	1,218,000
29/04/2010	IIM		\$ 145,297	250,000	250,000
30/04/2010	IIМ IIM	Buy of Units on ASX	\$ 71,356	121,708	121,708
30/04/2010	HМ	Buy of Units on ASX Buy of Units on ASX	s 164,332 45,855 \$	280,292 78,212	280,292 78,212
30/04/2010

30/04/2010	llМ	Buy of Units on ASX	97,786 \$	166,788	166,788
30/04/2010	IIM	Buy of Units on ASX	\$ 3,228,073	5,506,784	5,506,784
	IIM	Buy of Units on ASX	\$ 6,764,866	11,540,216	11,540,216
30/04/2010
30/04/2010	IIM	Buy of Units on ASX	\$ 1,051,229	1,793,296	1,793,296
30/04/2010	IIM	Buy of Units on ASX	\$ 2,525,173	4,307,704	4,307,704
3/05/2010	CLARION	Sale of Units on ASX	\$ 68,628	117,000	117,000
3/05/2010	IIM	Buy of Units on ASX	\$ 1,560	2,620	2,620
3/05/2010	IIM	Buy of Units on ASX	2,036 \$	3,420	3,420
5/05/2010	IIM	Sale of Units on ASX	\$ 5,327	9,350	9,350
5/05/2010	IIM	Sale of Units on ASX	\$ 192,369	337,709	337,709
	IIM
5/05/2010		Sale of Units on ASX	\$ 6,608,228	11,600,915	11,600,915
6/05/2010	CLARION	Buy of Units on ASX	330,783 \$	589,800	589,800
6/05/2010	IIM	Sale of Units on ASX	\$ 198,835	356,098	356,098
7/05/2010	CLARION	Sale of Units on ASX	\$ 69,386	128,000	128,000
7/05/2010	IIM	Buy of Units on ASX	\$ 19,468	35,000	35,000
7/05/2010	IIM	Sale of Units on ASX	3,824 \$	7,020	7,020
10/05/2010	CLARION	Sale of Units on ASX	s 7,747	14,000	14,000
10/05/2010	IIМ	Sale of Units on ASX	\$ 7,747	14,000	14,000
10/05/2010	IIM	Buy of Units on ASX	s 1,518	2,710	2,710
11/05/2010	CLARION	Buy of Units on ASX	s 2,524,978	4,467,200	4,467,200
11/05/2010	IIM	Sale of Units on ASX	\$ 2,931	5,190	5,190
11/05/2010	IIM	Buy of Units on ASX	\$ 2,001	3,540	3,540
12/05/2010	CLARION	Sale of Units on ASX	\$ 4,815,250	8,522,566	8,522,566
12/05/2010	CLARION	Sale of Units on ASX	208,937 \$	369,800	369,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 949,878	1,681,200	1,681,200
12/05/2010	CLARION	Sale of Units on ASX	\$ 317,361	561,700	561,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 333,237	589,800	589,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 399,851	707,700	707,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 47,178	83,500	83,500
12/05/2010	CLARION	Sale of Units on ASX	\$ 2,140,842	3,789,100	3,789,100
12/05/2010	CLARION	Sale of Units on ASX	\$ 1,093,897	1,936,100	1,936,100
12/05/2010	CLARION	Sale of Units on ASX	\$ 661,615	1,171,000	1,171,000
12/05/2010	CLARION	Sale of Units on ASX	\$ 75,202	133,100	133,100
12/05/2010	CLARION	Sale of Units on ASX	\$ 31,923	56,500	56,500
	CLARION	Sale of Units on ASX	130,628 \$	231,200	231,200
12/05/2010	CLARION	Sale of Units on ASX	\$ 75,654	133,900	133,900
12/05/2010
12/05/2010	CLARION	Sale of Units on ASX	\$ 131,532	232,800	232,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 76,558	135,500	135,500
12/05/2010	CLARION	Sale of Units on ASX	s 70,399	124,600	124,600
12/05/2010	CLARION	Sale of Units on ASX	\$ 70,625	125,000	125,000
12/05/2010	CLARION	Sale of Units on ASX	s 233,176	412,700	412,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 30,341	53,700	53,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 438,214	775,600	775,600
12/05/2010	CLARION	Sale of Units on ASX	\$ 119,272	211,100	211,100
	CLARION	Sale of Units on ASX	s 143,284	253,600	253,600
12/05/2010	CLARION	Sale of Units on ASX	\$ 5,588,184	9,890,592	9,890,592
12/05/2010
12/05/2010	CLARION	Sale of Units on ASX	\$ 87,406	154,700	154,700
12/05/2010	CLARION	Sale of Units on ASX	s 2,938	5,200	5,200
12/05/2010	CLARION	Sale of Units on ASX	s 30,228	53,500	53,500
12/05/2010	CLARION	Sale of Units on ASX	\$ 2,317	4,100	4,100
12/05/2010	CLARION	Sale of Units on ASX	S 16,837	29,800	29,800
12/05/2010	CLARION	Sale of Units on ASX	11,752 s	20,800	20,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 17,911	31,700	31,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 5,368	9,500	9,500
12/05/2010	CLARION	Sale of Units on ASX	\$ 13,052	23,100	23,100
12/05/2010	CLARION	Sale of Units on ASX	\$ 4,859	8,600	8,600
12/05/2010	CLARION	Sale of Units on ASX	\$ 4,276,316	7,568,700	7,568,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 488,104	863,900	863,900
12/05/2010	CLARION	Sale of Units on ASX	\$ 382,731	677,400	677,400
12/05/2010	CLARION	Sale of Units on ASX	\$ 793,656	1,404,700	1,404,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 2,978,040	5,270,868	5,270,868
12/05/2010	CLARION	Sale of Units on ASX	\$ 676,023	1,196,500	1,196,500
12/05/2010	CLARION	Sale of Units on ASX	\$ 276,172	488,800	488,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 437,762	774,800	774,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 650,824	1,151,900	1,151,900
12/05/2010	CLARION	Sale of Units on ASX	\$ 684,780	1,212,000	1,212,000
12/05/2010	CLARION	Sale of Units on ASX	670,881 \$	1,187,400	1,187,400
12/05/2010	CLARION	Sale of Units on ASX	336,288 \$	595,200	595,200
12/05/2010	CLARION	Sale of Units on ASX	\$ 1,585,729	2,806,600	2,806,600
12/05/2010	CLARION	Sale of Units on ASX	\$ 11,773,244	20,837,600	20,837,600
12/05/2010	CLARION	Sale of Units on ASX	399,116 \$	706,400	706,400
12/05/2010	CLARION	Sale of Units on ASX	\$ 82,204	145,494	145,494
12/05/2010	CLARION	Sale of Units on ASX	22,980,980 \$	40,674,300	40,674,300
12/05/2010	CLARION	Sale of Units on ASX	s 7,805,306	13,814,700	13,814,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 3,540,968	6,267,200	6,267,200
12/05/2010	CLARION	Sale of Units on ASX	s 18,069,611	31,981,612	31,981,612
12/05/2010	CLARION	Sale of Units on ASX	\$ 1,950,211	3,451,700	3,451,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 70,060	124,000	124,000
12/05/2010	CLARION	Sale of Units on ASX	\$ 1,907,271	3,375,700	3,375,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 377,533	668,200	668,200
12/05/2010	CLARION	Sale of Units on ASX	\$ 613,534	1,085,900	1,085,900
	CLARION	Sale of Units on ASX	622,687 \$	1,102,100	1,102,100
12/05/2010
12/05/2010	CLARION	Sale of Units on ASX	172,947 s	306,100	306,100
12/05/2010	CLARION	Sale of Units on ASX	\$ 825,352	1,460,800	1,460,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 257,414	455,600	455,600
12/05/2010	CLARION	Sale of Units on ASX	131,306 s	232,400	232,400
12/05/2010	CLARION	Sale of Units on ASX	\$ 129,837	229,800	229,800
12/05/2010	CLARION	Sale of Units on ASX	\$ 87,632	155,100	155,100
12/05/2010	CLARION	Sale of Units on ASX	s 90,909	160,900	160,900
12/05/2010	CLARION	Sale of Units on ASX	\$ 81,078	143,500	143,500
12/05/2010	CLARION	Sale of Units on ASX	\$ 425,106	752,400	752,400
12/05/2010	CLARION	Sale of Units on ASX	\$ 157,296	278,400	278,400
		Sale of Units on ASX		514,700	514,700
12/05/2010	CLARION		290,806 \$
12/05/2010	CLARION	Sale of Units on ASX	\$ 2,332,885	4,129,000	4,129,000
12/05/2010	CLARION	Sale of Units on ASX	\$ 617,715	1,093,300	1,093,300
12/05/2010	CLARION	Sale of Units on ASX	\$ 40,430,553	71,558,500	71,558,500
12/05/2010	CLARION	Sale of Units on ASX	\$ 107,802	190,800	190,800
12/05/2010	CLARION	Sale of Units on ASX	144,301 \$	255,400	255,400
12/05/2010 12/05/2010	CLARION CLARION	Sale of Units on ASX Sale of Units on ASX	\$ 204,869 \$ 290,410	362,600 514,000	362,600 514,000

12/05/2010	CLARION	Sale of Units on ASX	458,245 \$	811,053	811,053
12/05/2010	CLARION	Sale of Units on ASX	\$ 109,497	193,800	193,800
	CLARION	Sale of Units on ASX	233,402 \$	413,100	413,100
12/05/2010
12/05/2010	CLARION	Sale of Units on ASX	73,450 \$	130,000	130,000
12/05/2010	CLARION	Sale of Units on ASX	48,534 \$	85,900	85,900
12/05/2010	CLARION	Sale of Units on ASX	\$ 56,331	99,700	99,700
12/05/2010	CLARION	Sale of Units on ASX	\$ 512,162	906,482	906,482
12/05/2010	IIМ	Sale of Units on ASX	930,329 -\$	1,575,974	1,575,974
12/05/2010	IIМ	Sale of Units on ASX	-\$ 721,501	1,196,500	1,196,500
12/05/2010	IIМ	Sale of Units on ASX	1,003,399 -\$	1,661,543	1,661,543
12/05/2010	IIM	Sale of Units on ASX	-\$ 573,994	955,643	955,643
12/05/2010	IIМ	Sale of Units on ASX	-\$ 40,521,510	66,933,122	66,933,122
12/05/2010	HМ	Sale of Units on ASX	-\$ 13,956,050	22,751,581	22,751,581
	IIM	Sale of Units on ASX	-\$ 34,454	59,082	59,082
12/05/2010
12/05/2010	IIМ	Sale of Units on ASX	3,930,003 -\$	6,465,588	6,465,588
12/05/2010	IIM	Sale of Units on ASX	-\$ 19,075	32,641	32,641
21/05/2010	CLARION	Buy of Units on ASX	\$ 550,447	206,160	206,160
24/05/2010	CLARION	Buy of Units on ASX	\$ 3,715,841	1,704,514	1,704,514
24/05/2010	CLARION	Buy of Units on ASX	\$ 161,233	73,960	73,960
24/05/2010	CLARION	Buy of Units on ASX	\$ 733,003	336,240	336,240
24/05/2010	CLARION	Buy of Units on ASX	s 244,901	112,340	112,340
24/05/2010	CLARION	Buy of Units on ASX	\$ 257,153	117,960	117,960
24/05/2010	CLARION	Buy of Units on ASX	s 308,557	141,540	141,540
24/05/2010	CLARION	Buy of Units on ASX	36,406 \$	16,700	16,700
24/05/2010	CLARION	Buy of Units on ASX	\$ 1,652,048	757,820	757,820
24/05/2010	CLARION	Buy of Units on ASX	\$ 844,140	387,220	387,220
24/05/2010	CLARION	Buy of Units on ASX	1,782,804 \$	817,800	817,800
24/05/2010	CLARION	Buy of Units on ASX	\$ 58,032	26,620	26,620
24/05/2010	CLARION	Buy of Units on ASX	\$ 24,634	11,300	11,300
24/05/2010	CLARION	Buy of Units on ASX	100,803 \$	46,240	46,240
24/05/2010	CLARION	Buy of Units on ASX	\$ 58,380	26,780	26,780
24/05/2010	CLARION	Buy of Units on ASX	$\sqrt{s}$ 101,501	46,560
24/05/2010	CLARION	Buy of Units on ASX	\$ 59,078	27,100	46,560 27,100
24/05/2010	CLARION	Buy of Units on ASX	\$ 54,326	24,920	24,920
			\$ 54,500	25,000	25,000
24/05/2010	CLARION	Buy of Units on ASX	\$ 179,937	82,540	82,540
24/05/2010	CLARION	Buy of Units on ASX
24/05/2010	CLARION	Buy of Units on ASX	\$ 23,413	10,740	10,740
24/05/2010	CLARION	Buy of Units on ASX	\$ 338,162	155,120	155,120
24/05/2010	CLARION	Buy of Units on ASX	92,040 \$	42,220	42,220
24/05/2010	CLARION	Buy of Units on ASX	\$ 110,570	50,720	50,720
24/05/2010	CLARION	Buy of Units on ASX	4,312,297 \$	1,978,118	1,978,118
24/05/2010	CLARION	Buy of Units on ASX	\$ 67,449	30,940	30,940
24/05/2010	CLARION	Buy of Units on ASX	\$ 2,267	1,040	1,040
24/05/2010	CLARION	Buy of Units on ASX	\$ 23,326	10,700	10,700
24/05/2010	CLARION	Buy of Units on ASX	s 1,788	820	820
24/05/2010	CLARION	Buy of Units on ASX	s 12,993	5,960	5,960
24/05/2010	CLARION	Buy of Units on ASX	S 9,069	4,160	4,160
24/05/2010	CLARION	Buy of Units on ASX	s 13,821	6,340	6,340
24/05/2010	CLARION	Buy of Units on ASX	s 4,142	1,900	1,900
24/05/2010	CLARION	Buy of Units on ASX	\$ 10,072	4,620	4,620
24/05/2010	CLARION	Buy of Units on ASX	$\sqrt{s}$ 3,750	1,720	1,720
24/05/2010	CLARION	Buy of Units on ASX	3,299,953 \$	1,513,740	1,513,740
24/05/2010	CLARION	Buy of Units on ASX	\$ 376,660	172,780	172,780
24/05/2010	CLARION	Buy of Units on ASX	295,346 \$	135,480	135,480
24/05/2010	CLARION	Buy of Units on ASX	\$ 612,449	280,940	280,940
24/05/2010	CLARION	Buy of Units on ASX	2,298,099 \$	1,054,174	1,054,174
24/05/2010	CLARION	Buy of Units on ASX	\$ 521,674	239,300	239,300
24/05/2010	CLARION	Buy of Units on ASX	\$ 213,117	97,760	97,760
24/05/2010	CLARION	Buy of Units on ASX	\$ 337,813	154,960	154,960
24/05/2010	CLARION	Buy of Units on ASX	\$ 502,228	230,380	230,380
24/05/2010	CLARION	Buy of Units on ASX	\$ 528,432	242,400	242,400
24/05/2010	CLARION	Buy of Units on ASX	\$ 517,706	237,480	237,480
24/05/2010	CLARION	Buy of Units on ASX	\$ 259,507	119,040	119,040
24/05/2010	CLARION	Buy of Units on ASX	\$ 1,223,678	561,320	561,320
24/05/2010	CLARION	Buy of Units on ASX	\$ 9,085,194	4,167,520	4,167,520
24/05/2010	CLARION	Buy of Units on ASX	\$ 307,990	141,280	141,280
24/05/2010	CLARION	Buy of Units on ASX	63,436 \$	29,099	29,099
24/05/2010	CLARION	Buy of Units on ASX	17,733,995 \$	8,134,860	8,134,860
24/05/2010	CLARION	Buy of Units on ASX	\$ 6,023,209	2,762,940	2,762,940
24/05/2010	CLARION	Buy of Units on ASX	\$ 2,732,499	1,253,440	1,253,440
24/05/2010	CLARION	Buy of Units on ASX	\$ 13,943,984	6,396,322	6,396,322
24/05/2010	CLARION	Buy of Units on ASX	$\mathbb{S}$ 1,504,941	690,340	690,340
24/05/2010	CLARION	Buy of Units on ASX	s 54,064	24,800	24,800
24/05/2010	CLARION	Buy of Units on ASX	\$ 1,471,805	675,140	675,140
24/05/2010	CLARION	Buy of Units on ASX	\$ 291,335	133,640	133,640
24/05/2010	CLARION	Buy of Units on ASX	\$ 473,452	217,180	217,180
24/05/2010	CLARION	Buy of Units on ASX	\$ 480,516	220,420	220,420
24/05/2010	CLARION	Buy of Units on ASX	s 133,460	61,220	61,220
24/05/2010	CLARION	Buy of Units on ASX	\$ 636,909	292,160	292,160
24/05/2010	CLARION	Buy of Units on ASX	$\mathbb S$ 198,642	91,120	91,120
24/05/2010	CLARION	Buy of Units on ASX	s 101,326	46,480	46,480
	CLARION	Buy of Units on ASX	s 100,193	45,960	45,960
24/05/2010	CLARION	Buy of Units on ASX	67,624 s	31.020	31,020
24/05/2010	CLARION	Buy of Units on ASX	S 70,152	32,180	32,180
24/05/2010			s		28,700
24/05/2010	CLARION	Buy of Units on ASX	62,566	28,700
24/05/2010	CLARION	Buy of Units on ASX	\$ 224,409	102,940	102,940
24/05/2010	CLARION	Buy of Units on ASX	\$ 1,800,244	825,800	825,800
24/05/2010	CLARION	Buy of Units on ASX	\$ 476,679	218,660	218,660
24/05/2010	CLARION	Buy of Units on ASX	\$ 31,199,506	14,311,700	14,311,700
24/05/2010	CLARION	Buy of Units on ASX	\$ 83,189	38,160	38,160
24/05/2010	CLARION	Buy of Units on ASX	\$ 111,354	51,080	51,080
24/05/2010	CLARION	Buy of Units on ASX	\$ 158,094	72,520	72,520
24/05/2010	CLARION	Buy of Units on ASX	\$ 224,104	102,800	102,800
24/05/2010	CLARION	Buy of Units on ASX	\$ 353,620	162,211	162,211
24/05/2010	CLARION	Buy of Units on ASX	\$ 84,497	38,760	38,760
24/05/2010	CLARION	Buy of Units on ASX	\$ 180,112	82,620	82,620
24/05/2010
	CLARION	Buy of Units on ASX	\$ 56,680	26,000	26,000
24/05/2010	CLARION	Buy of Units on ASX	37,452 \$	17,180	17,180
24/05/2010 24/05/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 43,469 \$ 395,227	19,940 181,292	19,940 181,292

26/05/2010 26/05/2010	IIM	Buy of Units on ASX	s 930,329	315,194	315,194
	IIM	Buy of Units on ASX	\$ 721,501	239,300	239,300
	IIM	Buy of Units on ASX	1,003,399 $\mathbb{S}$	332,308	332,308
26/05/2010	IIM IIM	Buy of Units on ASX	573,994 \$ \$ 40,521,510	191,128 13,386,624	191,128
26/05/2010 26/05/2010	IIM	Buy of Units on ASX Buy of Units on ASX	13,956,050 \$	4,550,316	13,386,624 4,550,316
26/05/2010	IМ	Buy of Units on ASX	\$ 24,163	8,423	8,423
26/05/2010	IIМ	Buy of Units on ASX	s 3,930,003	1,293,117	1,293,117
26/05/2010	HМ	Buy of Units on ASX	\$ 19,567	6,778	6,778
27/05/2010	ΙМ	Sale of Units on ASX	\$ 1,418	550	550
28/05/2010	IIM	Sale of Units on ASX	\$ 2,786	1,040	1,040
1/06/2010	IIM	Sale of Units on ASX	s 1,568,777	600,000	600,000
3/06/2010	CLARION	Buy of Units on ASX	\$ 6,178	2,300	2,300
3/06/2010	IIM	Sale of Units on ASX	\$ 939,570	350,000	350,000
4/06/2010 8/06/2010	IIM IIM	Buy of Units on ASX Sale of Units on ASX	\$ 4,199 \$ 1,801	1,560 685	1,560 685
9/06/2010	CLARION	Buy of Units on ASX	342,818 \$	126,000	126,000
9/06/2010	CLARION	Buy of Units on ASX	16,597 s	6,100	6,100
9/06/2010	CLARION	Buy of Units on ASX	s 131,141	48,200	48,200
9/06/2010	CLARION	Buy of Units on ASX	\$ 33,466	12,300	12,300
9/06/2010	CLARION	Buy of Units on ASX	3,537 \$	1,300	1,300
9/06/2010	CLARION	Buy of Units on ASX	\$ 76,998	28,300	28,300
9/06/2010	CLARION	Buy of Units on ASX	\$ 170,048	62,500	62,500
9/06/2010	CLARION	Buy of Units on ASX	\$ 5,714	2,100	2,100
9/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 2,449 \$ 10,339	900 3,800	900 3,800
9/06/2010 9/06/2010	CLARION	Buy of Units on ASX	5,986 \$	2,200	2,200
9/06/2010	CLARION	Buy of Units on ASX	18,229 \$	6,700	6,700
9/06/2010	CLARION	Buy of Units on ASX	\$ 10,339	3,800	3,800
9/06/2010	CLARION	Buy of Units on ASX	\$ 5,442	2,000	2,000
9/06/2010	CLARION	Buy of Units on ASX	5,442 \$	2,000	2,000
9/06/2010	CLARION	Buy of Units on ASX	\$ 17,141	6,300	6,300
9/06/2010 9/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 47,614 \$ 9,523	17,500 3,500	17,500 3,500
9/06/2010	CLARION	Buy of Units on ASX	19,862 \$	7,300	7,300
9/06/2010	CLARION	Buy of Units on ASX	\$ 447,568	164,500	164,500
9/06/2010	CLARION	Buy of Units on ASX	25,575 \$	9,400	9,400
9/06/2010	CLARION	Buy of Units on ASX	330,030 \$	121,300	121,300
9/06/2010	CLARION	Buy of Units on ASX	42,988 \$	15,800	15,800
9/06/2010	CLARION	Buy of Units on ASX	18,773 \$	6,900	6,900
9/06/2010 9/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	67,203 \$ \$ 382,541	24,700 140,600	24,700 140,600
9/06/2010	CLARION	Buy of Units on ASX	\$ 50,878	18,700	18,700
9/06/2010	CLARION	Buy of Units on ASX	\$ 38,091	14,000	14,000
9/06/2010	CLARION	Buy of Units on ASX	\$ 34,554	12,700	12,700
9/06/2010	CLARION	Buy of Units on ASX	\$ 51,423	18,900	18,900
9/06/2010	CLARION	Buy of Units on ASX	\$ 91,962	33,800	33,800
9/06/2010	CLARION	Buy of Units on ASX	93,595 \$	34,400	34,400
9/06/2010	CLARION CLARION	Buy of Units on ASX	46,797 \$ \$ 70,754	17,200 26,000	17,200 26,000
9/06/2010 9/06/2010	CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 1,136,468	417,700	417,700
9/06/2010	CLARION	Buy of Units on ASX	\$ 56,048	20,600	20,600
9/06/2010	CLARION	Buy of Units on ASX	\$ 2,139,073	786,200	786,200
9/06/2010	CLARION	Buy of Units on ASX	\$ 379,276	139,400	139,400
9/06/2010	CLARION	Buy of Units on ASX	\$ 460,355	169,200	169,200
9/06/2010	CLARION	Buy of Units on ASX	\$ 81,623	30,000	30,000
9/06/2010 9/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 7.074 182,292 \$	2,600 67,000	2,600 67,000
9/06/2010	CLARION	Buy of Units on ASX	\$ 30,201	11,100	11,100
9/06/2010	CLARION	Buy of Units on ASX	\$ 48,702	17,900	17,900
9/06/2010	CLARION	Buy of Units on ASX	87,337 \$	32,100	32,100
9/06/2010	CLARION	Buy of Units on ASX	\$ 23,943	8,800	8,800
9/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 87,065	32,000	32,000
9/06/2010 9/06/2010	CLARION	Buy of Units on ASX
9/06/2010	CLARION		\$ 36,186	13,300	13,300
			\$ 17,957	6,600	6,600
9/06/2010	CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 18,229 \$ 6,802	6,700 2,500	6,700 2,500
9/06/2010	CLARION	Buy of Units on ASX	\$ 22,310	8,200	8,200
9/06/2010	CLARION	Buy of Units on ASX	s 299,557	110,100	110,100
9/06/2010	CLARION	Buy of Units on ASX	$\pmb{\mathsf{s}}$ 48,702	17,900	17,900
9/06/2010	CLARION	Buy of Units on ASX	\$ 8,434	3,100	3,100
9/06/2010	CLARION	Buy of Units on ASX	\$ 19,318	7,100	7,100
9/06/2010 9/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 16,325 \$ 39,995	6,000 14,700	6,000 14,700
9/06/2010	CLARION	Buy of Units on ASX	\$ 47,614	17,500	17,500
9/06/2010	CLARION	Buy of Units on ASX	9,523 s	3,500	3,500
9/06/2010	CLARION	Buy of Units on ASX	\$ 34,826	12,800	12,800
9/06/2010	CLARION	Buy of Units on ASX	\$ 5,714	2,100	2,100
9/06/2010	CLARION CLARION	Buy of Units on ASX	\$ 5.442 7,890	2,000	2,000
9/06/2010 9/06/2010	CLARION	Buy of Units on ASX Buy of Units on ASX	\$ \$ 72,645	2,900 26,700	2,900 26,700
9/06/2010	CLARION	Sale of Units on ASX	\$ 3,532	1,300	1,300
9/06/2010	CLARION	Sale of Units on ASX	s 3,532	1,300	1,300
9/06/2010	IIМ	Sale of Units on ASX	S 73,284	27,000	27,000
9/06/2010	IIM	Buy of Units on ASX	\$ 50,878	18,700	18,700
9/06/2010	IIM IIM	Sale of Units on ASX Sale of Units on ASX	s 51,570 \$ 2,581,607	19,000 951,000	19,000
9/06/2010 9/06/2010	IIM	Sale of Units on ASX	\$ 1,330,166	490,000	951,000 490,000
10/06/2010	CLARION	Buy of Units on ASX	\$ 345,708	121,200	121,200
10/06/2010	CLARION	Buy of Units on ASX	16,544 s	5,800	5,800
10/06/2010	CLARION	Buy of Units on ASX	\$ 132,350	46,400	46,400
10/06/2010	CLARION	Buy of Units on ASX	\$ 33,943	11,900	11,900
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	3,708 \$ S 77,585	1,300 27,200	1,300 27,200
10/06/2010	CLARION	Buy of Units on ASX	\$ 171,713	60,200	60,200
10/06/2010	CLARION	Buy of Units on ASX	\$ 5,990	2,100	2,100
10/06/2010	CLARION	Buy of Units on ASX	2,567 \$	900	900
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 10,554 \$ 5,990	3,700 2,100	3,700 2,100

10/06/2010	CLARION	Buy of Units on ASX	56,477 \$	19,800	19,800
10/06/2010	CLARION	Buy of Units on ASX	2,157,249 \$	756,300	756,300
10/06/2010	CLARION	Buy of Units on ASX	382,218 \$	134,000	134,000
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 464,366 \$ 82,148	162,800 28,800	162,800 28,800
10/06/2010	CLARION	Buy of Units on ASX	\$ 7,131	2,500	2,500
10/06/2010	CLARION	Buy of Units on ASX	\$ 183,978	64,500	64,500
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	30,235 \$ 88,138 s	10,600 30,900	10,600 30,900
10/06/2010	CLARION	Buy of Units on ASX	\$ 23,960	8,400	8,400
10/06/2010	CLARION	Buy of Units on ASX	87,568 \$	30,700	30,700
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 36,225 17,970 \$	12,700 6,300	12,700 6,300
10/06/2010	CLARION	Buy of Units on ASX	18,255 \$	6,400	6,400
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 6,846 22,534 s	2,400 7,900	2,400 7,900
10/06/2010	CLARION	Buy of Units on ASX	\$ 302,351	106,000	106,000
10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 49,346 \$	17,300	17,300
10/06/2010 10/06/2010	CLARION	Buy of Units on ASX	8,272 19,681 s	2,900 6,900	2,900 6,900
10/06/2010	CLARION	Buy of Units on ASX	s 16,259	5,700	5,700
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	40,504 \$ \$ 48,205	14,200 16,900	14,200 16,900
10/06/2010	CLARION	Buy of Units on ASX	s 9,413	3,300	3,300
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	35,369 \$ \$ 5,705	12,400 2,000	12,400 2,000
10/06/2010	CLARION	Buy of Units on ASX	\$ 5,705	2,000	2,000
10/06/2010 10/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	s 7,701 \$ 73,021	2,700 25,600	2,700 25,600
10/06/2010	CLARION	Sale of Units on ASX	S 113,750	40,000	40,000
10/06/2010 11/06/2010	IIM CLARION	Buy of Units on ASX Sale of Units on ASX	s 51,057 S 92,900	17,900 33,200	17,900 33,200
11/06/2010	IIM	Sale of Units on ASX	\$ 92,900	33,200	33,200
16/06/2010 16/06/2010	IIM IIM	Buy of Units on ASX Sale of Units on ASX	s 3,353 \$ 1,214	1,140 413	1,140 413
17/06/2010	CLARION	Sale of Units on ASX	s 73,763	25,000	25,000
21/06/2010 21/06/2010	CLARION IIМ	Buy of Units on ASX Sale of Units on ASX	s 4,366,590 \$ 78,128	1,500,000 27,000	1,500,000 27,000
21/06/2010	IIM	Sale of Units on ASX	\$ 52,085	18,000	18,000
21/06/2010 21/06/2010	IIM IIМ	Sale of Units on ASX Sale of Units on ASX	\$ 3,617,569 \$ 1,041,860	1,250,000 360,000	1,250,000 360,000
22/06/2010	CLARION	Buy of Units on ASX	\$ 7,373,794	2,500,000	2,500,000
22/06/2010 22/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	6.999.158 \$ \$ 839,014	2.375.000 285,294	2,375,000 285,294
23/06/2010	CLARION	Buy of Units on ASX	2,193,285 \$	750,000	750,000
23/06/2010 23/06/2010	CLARION HМ	Buy of Units on ASX Sale of Units on ASX	\$ 1,452,710 \$ 232,585	500,458 80,000	500,458 80,000
24/06/2010	CLARION	Buy of Units on ASX	\$ 4,757,144	1,645,754	1,645,754
24/06/2010 25/06/2010	IIМ CLARION	Sale of Units on ASX Buy of Units on ASX	505,709 \$ \$ 10,333,091	175,000 3,536,700	175,000 3,536,700
25/06/2010	CLARION	Buy of Units on ASX	\$ 26,879	9,200	9,200
28/06/2010 29/06/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 2,238,446 295,022 \$	779,196 102,754	779,196 102,754
29/06/2010	IIM	Buy of Units on ASX	\$ 5,291	1,830	1,830
29/06/2010 30/06/2010	IIM CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 1,157 \$ 2,426,321	400 860,206	400 860,206
1/07/2010	CLARION	Buy of Units on ASX	\$ 137,627	48,800	48,800
1/07/2010 1/07/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	110,271 \$ \$ 110,271	39,100 39,100	39,100 39,100
1/07/2010	CLARION	Buy of Units on ASX	\$ 4,490,861	1,595,885	1,595,885
1/07/2010 2/07/2010	CLARION CLARION	Buy of Units on ASX Buy of Units on ASX	\$ 45,124 \$ 796,408	16,000 283,306	16,000 283,306
2/07/2010	CLARION	Buy of Units on ASX	\$ 2,696,053	959,066	959,066
2/07/2010 5/07/2010	CLARION IIМ	Buy of Units on ASX Sale of Units on ASX	\$ 24,274 \$ 75,053	8,600 27,050	8,600 27,050
5/07/2010	HМ	Buy of Units on ASX	\$ 1,113	400	400
6/07/2010 6/07/2010	CLARION CLARION	Buy of Units on ASX Sale of Units on ASX	\$ 3,150,335 \$ 64,965	1,126,037 23,300	1,126,037 23,300
6/07/2010	IІM	Buy of Units on ASX	\$ 83,283	30,000	30,000
6/07/2010	IIM	Sale of Units on ASX	\$ 64,965	23,300	23,300
6/07/2010	IIM	Buy of Units on ASX	3,479 \$	1,220	1,220

$z_0/\text{cm}/r_p$

ANNEXURE 'C'

This is the Annexure marked 'C' of 1 page referred to in Form 603 - Notice of initial substantial holder signed by me on:

a W

David Hendriks Director, Compliance ING Investment Management Limited

Name	Address	Abbreviation*
ING Clarion Real Estate	201 King of Prussia Road, Suite 600,
Securities	Radnor, PA 19087	Clarion
	ING Groep N.V. and its related ING House, Armstelveenseweg 500
bodies corporate	1081 KL Amsterdam Netherlands	ING Group
ING Investment Management	Level 21, 83 Clarence Street Sydney
Limited	NSW 2000	INGIM