HANSEN TECHNOLOGIES LIMITED — Major Shareholding Notification 2015

May 21, 2015

May. 21. 2015 1:35PM

Mawer Inv Mgt Ltd. 4032624099

$No. 0440$ P. 1

900, 603 - $7^th$ Avenue S.W., Calgary, Alberta T2P 2T5

Fax cover sheet

Date:

May 21, 2015

Time: $1:18$ PM

Please deliver the following pages to:

Manager, Listing Department
Australian Stock Exchange Ltd.
(applicable dial out #) 011 61 2 9347 0005
4
Julia Lawrick Compliance Officer
$(403) 770 - 1270$
$(403)$ 267-6087

Comments: Dear Sir/Madam;

Pursuant to Section 671 of the Corporations Law, Mawer Investment Management Ltd. discloses a change of interests for its substantial holding in Hansen Technologies Ltd. As such, we enclose a completed ASIC Form 604.

Please contact the undersigned if you have any questions or concerns.

Julia Lawrick Compliance Officer, Mawer Investment Management Ltd. jlawrick@mawer.com

The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. If you received this email in error, please contact the sender immediately by return electronic transmission and then immediately delete this transmission, including all attachments, without copying, distributing or disclosing same. No member of Mawer Investment Management Ltd. is liable for any errors or omissions in the content or transmission of this email or accepts any responsibility or liability for loss or damage arising from the receipt or use of this transmission.

If you do not receive all pages, please contact the sender

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ioa res ACN/ARSN 1. Details of substantial holder(1) Investment Management 278 Name wer. ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on

The previous notice was given to the company on The previous notice was dated

1. 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) 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 nodce
	Person's votes	Voting power (5)		Rerson's votes!	Voting power (5)
romary			. .	IJ

3. Changes in relevant interests

Patticulars 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 last required to give a substantial holding notice to the company or scheme are as follows:

Dáce of Person whose change relevant interest. спапдес		Nature of change (6)	Consideration given in relation to change $(7)$	Class and number of securities affected	Person's votes affected
See	Innex#1

4. Present relovant interests

Particulars 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 (B)	Nature of relevant interest (6)	Class and number of securities	Person's votes

Mawer Inv Mgt Ltd. 4032624099 May. 21. 2015 1:35PM

No. 0440 ふべこ

604 page 2/2 15 July 2001

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)	maan ka Nature of association The Market Corporation	THE REAL PROPERTY
	w

6. Addresses

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

• 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 $(1)$ 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 6 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $\left( 3\right)$ See the definition of "relevant interest" In sections 608 and 6718(7) of the Corporations Act 2001,
• $\left( 4\right)$ 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,
• $₍₆₎$ Include details of:
• $(a)$ 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 derails 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 disposal of the securities to $(b)$ 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.

• 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, becom'e
  entitied to receive in relation to that acquisition. Details $\sigma$ included of any benefit paid on behalf of the substandal 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.
• 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". 0
• $\langle 9 \rangle$ Give details, If appropriate, of the present association and any change in that association since the last substantial holding notice.

Annex #1, This is ännexure 1 of 1 page referred to in Form 604, section 3. Hansen Technologies Ltd.

				consideration given	Number of Class of
lHolder of Relevant Interest	Date of Acquisition	Nature of change		in relation to change Securities		Securities
Mawer Investment Management Ltd.	30/09/2014 Buy			252.318.36	168212	Ordinary
Mawer Investment Management Ltd.	30/09/2014 Buy			120,109,41	80072	Ordinary
Mawer Investment Management Ltd.	30/10/2014 Buy			10.331.55	6658	Ordinary
Mawer Investment Management Ltd.	25/11/2014 Buy			15,457.40	10029	Ordinary
Mawer Investment Management Ltd.	02/04/2015 Buy		\$	1,972,986.00	850000	Ordinary
Mawer Investment Management Ltd.	19/05/2015 Buy		s	3.167.998.19	1459907	Ordinary
Mawer Investment Management Ltd.	19/05/2015 Buy		S	1,084,579.02	499806	Ordinary
Mawer Investment Mänagement Ltd.	02/04/2015 sell			1,971,014.00	850000	Ordinary

Signature:

$M a_1$ 21, 2015.