HANSEN TECHNOLOGIES LIMITED — Major Shareholding Notification 2007

May 30, 2007

Install Agent Points	KO HOLEN	Colesta Roma Ethin	65YA	User Guide	Annexure	Close Form
					604	page 1/2 15 July 2001
			Form 604
			Corporations Act 2001 Section 6718
		Notice of change of interests of substantial holder
To Company Name/Scheme		HANSEN TECHNOLOGIES LIMITED
ACN/ARSN	006 605 876
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)		SEE ANNEXURE 'A' ATTACHED TO THIS FORM
There was a change in the interests of the substantial holder on		31/05/07 21/09/06
The previous notice was given to the company on The previous notice was dated		21/09/06

2. Previous and present 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) and a relevant interest (3) in when

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ISEE ANNEXURE 'B'	21,850,000 14.62%		23,344,380 15.628

3. Changes in relevant interests

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

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
ANNEX 'C'

4. Present relevant interests

Partículars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
ANNEX 'B'

	5. Changes in association	The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting
	interests in the company or scheme are as follows:
	Name and ACN/ARSN (if applicable)	Nature of association
	ANNEXURE 'A'
	6. Addresses
	The addresses of persons named in this form are as follows:
	Name	Address
	ANNEXURE 'C'
	Signature
	pintname Quafaa Karmin	capacity Company Secretary
	sign here	31/ 05 /07 date
		DIRECTIONS 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
	form.	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 6 of the
(1) $^{(2)}$	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.
	The voting shares of a company constitute one class unless divided into separate classes.
	The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
(4) (5) (6)	Include details of:
	份	any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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
	心	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.
$\left( 7\right)$	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, becomie 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
(8)		If the substantial holder is unable to determine the identity of the person (eq. if the relevant interest arises because of an option) write "unknown".
(9)		Give details, if appropriate, of the present association and any change in that association since the fast substantial holding notice.

HUNTER HALL INVESTMENT MANAGEMENT LTD (A.C.N. 063 081 612) ANNEXURES TO FORM 604 HANSEN TECHNOLOGIES LIMITED

ANNEXURE A:

Hunter Hall Investment Management Limited (A.C.N. 063 081 612) Hunter Hall International Limited (A.C.N. 059 300 426) Hampshire Assets and Services Pty Ltd (A.C.N. 059 790 395) Peter James Hall

Holder of	Person entitled to	Nature of relevant Interest	Class and Number
Relevant	be Registered as		of Shares
Interest	Holder
Hunter Hall	Citicorp Nominees	Hunter Hall Investment Management
Investment	Pty Ltd as the	Limited has the power to control the	23,344,380 ORD
Management Ltd	custodian of the	exercise of the right to vote attached to
	Hunter Hall	the shares, and the power to exercise
	Australian Value	control over the disposal of shares as
	Trust.	Responsible Entity of the Hunter Hall
		Australian Value Trust.
Hunter Hall	As above	Hunter Hall International Ltd has a	As above
International		relevant interest in the said shares, as it
		wholly owns Hunter Hall Investment
		Management Limited.
Hampshire Assets	As above	Hampshire Assets And Services Pty	As above
And Services Pty		Ltd has a relevant interest in the said
Ltd		shares as it owns over 50% of Hunter
		Hall International Ltd.
Peter James Hall	As above	Peter Hall owns 100% of Hampshire	As above
		Assets And Services Pty Ltd.

ANNEXURE B:

Person whose relevant interest changed:

Hunter Hall Investment Management Limited Hunter Hall International Limited Hampshire Assets and Services Pty Ltd Peter James Hall

Date of	Nature of	Class & No.	Consideration Given in Relation to
Change	Change	Shares Affected	Change	Cumulative
			Opening	19,542,436
29/09/2006	BUY	76513	13450.99	21,926,513
5/10/2006	BUY	573487	103227.66	22,500,000
6/03/2007	BUY	13800	3726	22,513,800
9/03/2007	BUY	123348	33303.96	22,637,148
15/03/2007	BUY	58707	15850.89	22,695,855
23/03/2007	BUY	54145	14619.15	22,750,000
20/04/2007	BUY	15000	3600	22,765,000
26/04/2007	BUY	112701	30913.88	22,877,701
7/05/2007	BUY	58278	16026.45	22,935,979
8/05/2007	BUY	46600	12815	22,982,579
14/05/2007	BUY	13097	3601.68	22,995,676
15/05/2007	BUY	4324	1189.1	23,000,000
23/05/2007	BUY	70563	17640.75	23,070,563
24/05/2007	BUY	100000	25000	23,170,563
28/05/2007	BUY	91800	22940.82	23,262,363
30/05/2007	BUY	82017	20340.22	23,344,380
No. Shares held as at 31 st May 2007	23,344,380
% shares held as at 31 st May 2007 15.62%* 2D 40 401 040 . Louis . Planet Journal

*Based on 149,421,940 shares of issued capital

ANNEXURE C:

NAME	ADDRESS
Hunter Hall International Limited	Level 2, 60 Castlereagh Street
	SYDNEY NSW 2000
Hunter Hall Investment Management Limited	Level 2, 60 Castlereagh Street
	SYDNEY NSW 2000
Hampshire Assets And Services Pty Ltd	Level 2, 60 Castlereagh Street
	SYDNEY NSW 2000
Peter James Hall	Level 4, 53 Frith Street, Soho, London W1D 4SN
	United Kingdom

These 2 pages comprise the Annexures A to C referred to in the Form 604, Notice of Change of Interests of Substantial Shareholder.

Signed Ouafaa Karim Company Secretary Hunter Hall International Limited

Dated $31^{\rm st}$ May 2007