ING &

$\mathbf{I}$

ING Australia Holdings Limited ACN 008 459 596

GPO Box 3938 Sydney 2001 DX 10110 S.S.E.

347 Kent Street Sydney NSW 2000

Telephone (02) 9234 8111
Facsimile (02) 9299 1446

Company	Sydney Stock Exchange
Facsimile Number	1900 999 279
Attention	Manager Companies
cc:
From	Steve Rouvray
Date	14 August 2007
Ξ Number of pages including this page
02 9234 8403 If all pages are not received please telephone
Subject	FORM 605

Dear Sir

Attached please find Form 605 Notice of ceasing to be a Substantial Holder in relation to Flexigroup Limited.

Yours faithfully

Steve Rouvray Secretary

ING^S

ING Australia Holdings Limited ACN 008 459 596

GPO Box 3938 Sydney 2001 DX 10110 S.S.E.

347 Kent Street Sydney NSW 2000

Telephone (02) 9234 8111 Facsimile (02) 9299 1446

14 August 2007

The Secretary Flexigroup Limited L8, The Forum 201 Pacific Highway ST LEONARDS NSW 2065

$Fax:$ 8905 2424

Dear Sir

Enclosed please find Form 605 notice of ceasing to bc a substantial holder.

Yours faithfully

S.S. Rouvray Secretary

page 1/2 15 July 2001 605

	Form 605 Corporations Act 2001 Section 671B
	Notice of ceasing to be a substantial holder
Jo. Company Name/Scheme	Flexigroup Limited
ACN/ARSN
1. Details of substantial holder(1)
Name	ING Australia Holdings Limited and related companies
ACN/ARSN (if applicable)	008 459 596
The holder ceased to be a substantial holder on	03 / 08 / 2007
The previous notice was given to the company on The previous notice was dated	20 /07 / 2007 25 / 07 / 2007

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting secul
substantial holder was last required to give a substantial holding notice to

Date of change	Person winose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
	Refer Annexure	в

3. Changes in association

The persons who have become associatos (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting
interests in the company or scheme are as fo

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

4. Addresses

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

Name	Address
Refer Annexure C
_

Signature

	print name S S Rouvray	capacity secretary
sign here		date 14 / 08 / 2007

page 2/2 15 July 2001 605

DIRECTIONS

If there are a number of substantial holders with similar or related rolevant interests (eg. a corporation and its related corporations, or the manager and trustee of an
equity trust), the names could be included in an ann $(1)$ equity over, we named were as manuscant an amostre to our onto in the rerevent interests or a group or personal are essentially similar, they may be referred to
throughout the form as a specifically named group if the memb the form.
See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. Ø
See the definition of "associate" In section 9 of the Corporations Act 2001. $(3)$
$(4)$ Include details of:
any relovant 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 porson giving full and accurate details of any contract, scheme or $\left( n\right)$ accompanient 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 relovant interest was acquired has, or may, become
entitled ro receive in relation to that acquisition. Details m $(5)$ included of any benefit pald 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
Included of any benefit pald on behalf of the substan whom the relevant interest was acquired.
The voting shares of a company constitute one class unless divided into separate classes. $(6)$
Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$

ANNEXURE 'B'

Changes in relevant interests

This is the annoxure marked 'B' of 2 pages referred to in the form 605 notice of cessation of being a substantial shareholder signed by me on: $\,$ ( $\,$ $\leftrightarrow$ $\,$ $\in$ $\,$ $\,$ $\,$ $\,$ $\,$ $\,$ $\,$ $\,$

S S Rouvray
Secretary, ING Australia Holdings Limited

Date of change	Porson whose relevant interest changed	Nature of change	Consideration given in Class and number of mistica to change	socurities offected	Person's votes -Hectod
		Sale of Units on ASX	7.466	2,598	2,598
25/07/2007	INGL	Sale of Units on ASX	11.825	4.576	4,576
1/08/2007	INGL	Sale of Units on ASX	32.657	12,518	13,510
2/08/2007	INGL	Sale of Units on ASX	21,386	7.282	7.782
23/07/2007	INGFML	Sale of Units on ASX	38,047	13,134	13.134
24/07/2007	INGFML	Sale of Units on ASX	79,459	27,641	27.641
25/07/2007	INGFML	Sale of Units on ASX	22,814	8,060	8,060
2G/07/2007	INGFML	Sale of Units on ASX	57,546	22.217	22,217
30/07/2007	INGEME	Sale of Units on ASX	37,579	14,008	14.088
31/07/2007	INGFML	Sale of Units on ASX	120,000	46,436	46.436
1/08/2007	INGFML INGFML	Sale of Units on ASX	333,403	127.020	127.020
2/08/2007	INGFML	Sale of Units on ASX	46,114	17.554	17,554
3/08/2007	INGFML	Sale of Units on ASX	16,558	5,760	5.760
25/07/2007	INGFML	Sale of Units on ASX	12.115	4,669	4.669
30/07/2007	INGFML	Sala of Units on ASX	25,599	9,908	9,906
1/08/2007	INGFML	Sale of Units on ASX	71.127	27.098	27,098
2/08/2007	INGL	Sale of Units on ASX	5,698	1,902	1,982
25/07/2007 1/08/2007	INGL	Sale of Units on ASX	9.016	3.489	3,489
2/08/2007	INGL	Sale of Units on ASX	25,054	9,545	9,545
24/07/2007	INGL	Sale of Units on ASX	11,483	3.564	3,964
25/07/2007	INGL	Sale of Units on ASX	23.964	8,343	8,343
30/07/2007	INGL	Sale of Units on ASX	17,545	6.752	6.762
1/08/2007	INGL	Sale of Units on ASX	37,081	14,349	14,349 39,251
2/08/2007	INGL	Sale of Units on ASX	103,026	39,251	6,425
3/08/2007	INGL	Sale of Units on ASX	14.252 81.213	5.425 27,653	27.653
23/07/2007	INGL	Sale of Units on ASX	144,489	49.078	49.878
24/07/2007	INGL	Sale of Units on ASX	301,760	104.971	104,971
25/07/2007	INGL	Sale of Units on ASX	BE.044	30.611	30,611
26/07/2007	INGL	Sale of Units on ASX Sale of Units on ASX	18,042	6,381	6,381
25/07/2007	INGL	Sale of Units on ASX	218,536	54.225	84,225
30/07/2007	INGL	Sale of Units on ASX	142.458	53.331	53,331
31/07/2007	INGL INGL	Sale of Units on ASX	454,924	178,041	176,041
1/08/2007	INGL	Sale of Units on ASX	1,263,940	481,536	481,636
2/08/2007	INGL	Sale of Units on ASX	174.024	66,549	66,549
3/08/2007 23/07/2007	INGL	Sale of Units on ASX	11,962	4,073	4,073
24/07/2007	INGL	Sale of Units on ASX	21.283	7.347	7.347
25/07/2007	INGL	Sale of Units on ASX	44,451	15,463	15,463
30/07/2007	INGL	Sale of Units on ASX	32,519	12,533	12.533
31/07/2007	INGL	Sale of Units on ASX	21.199	7.936	7,936
1/08/2007	INGL	Sale of Units on ASX	67,603	26,195	26,195

$\sim 10^{-1}$

	INGL	Sale of Units on ASX	18B 075	71.653	71.653
2/08/2007	INGL	Sale of Units on ASX	26.015	9.903	9,903
3/08/2007		Sale of Units on ASX	8.802	3.062	3,082
25/07/2007	INGFML	Sale of Units on ASX	13,829	5,390	5,390
1/08/2007	INGFML	Sale of Units on ASX	38,700	14.744	14,744
2/08/2007	INGFML	Sale of Units on ASX	46,065	15,665	15,685
23/07/2007	INGFML	Sale of Units on ASX	81.958	28.292	28.292
24/07/2007	INGFML	Sale of Units on ASX	171.165	59.542	59,542
25/07/2007	INGFML	Sale of Units on ASX	49.146	17,363	17,383
26/07/2007	INGFML	Sale of Units on ASX	10.233	3,618	3,619
26/07/2007	INGFML	Sale of Units on ASX	123.958	47,774	47,774
30/07/2007	INGFML	Sale of Units on ASX	80.804	30.250	30,250
31/07/2007	INGFML	Sale of Units on ASX	258.042	99.854	99,854
1/08/2007	INGEML	Sale of Units on ASX	716.930	273.136	273,136
2/08/2007	INGFML	Sale of Units on ASX	99.164	37.748	37,745
3/08/2007	INGFML	Sale of Units on ASX	10.338	5,640	5,640
24/07/2007	INGIM	Sale of Units on ASX	1,230,870	428,174	428,174
25/07/2007	INGIM	Sale of Units on ASX	5.224	1,817	1.917
25/07/2007	INGIM	Sale of Units on ASX	8.257	3,199	3,199
1/08/2007	INGIM	Sale of Units on ASX	22.966	8,749	8,749
2/08/2007	INGIM	Sale of Units on ASX	17.060	5.889	5,RB9
24/07/2007	INGIM	Sale of Units on ASX	35.629	12,394	12,354
25/07/2007	INGIM	Sale of Units on ASX	26,083	10,045	10.045
30/07/2007	INGIM	Sale of Units on ASX	16,986	6,359	6,359
31/07/2007	INGIM INGIM	Sale of Units on ASX	54,258	20,996	20.998
1/08/2007		Sale of Units on ASX	150,745	57.431	57,431
2/08/2007	INGIM	Sale of Units on ASX	20.851	7,937	7.937
3/06/2007	INGIM INGIM	Sale of Units on ASX	11.239	3.627	3,827
23/07/2007		Sale of Units on ASX	19,997	0,003	6,603
24/07/2007	INGIM INGIM	Sale of Units on ASX	41.784	14,528	14,528
25/07/2007		Sale of Units on ASX	30,652	11.775	11.775
30/07/2007	NGIM	Sale of Units on ASX	19,917	7,456	7,456
31/07/2007	INGIM	Sale of Units on ASX	63,600	24.611	24.611
1/08/2007	INGIM	Sale of Units on ASX	176.699	67.319	67.319
2/08/2007	INGIM INGIM	Sale of Units on ASX	24,442	9,304	6,304
3/06/2007

ANNEXURE 'C'

Present relevant interests

This is the annexure marked 'C' of 2 pages referred to in Form 605 notice of cessation of being a shareholder signed by me on: $\;$ J+L, e.g. $\;$ C $\;$

Secretary, lives washing troutings component
Holder of relevant interest	Registered holder of securities	Person untitled to be registered as holder	Nature of relevant Interest	Class and number of socurities	Person's votes
ING Group	ANZ Nominees Limited	l ING Life Limited	Relevant interest arising pursuant la section coo(1) of the	3,554.282	3,554,282
ING Group	ANZ Nomineas Limited	ING Funds Management Limited as Responsible Entity	As above	894.397	894,397
ING Group	Limiled	J P Morgan Nominoes Australia ING Funds Management Limited as Responsible Entity	As above	4,105,372	4 105,372
ING Group	'J P Morgan Nominees Australia j Limited	ING Investment Management Limited as Fund Manager	As above	51.772	51.772
ING Group	Citicarp Naminees Pty Limited	ING Investment Management Limited as Fund Manager	As above	331,894	331.694
ING Group	Cogent Nominees Pty Limited	ING Investment Management Limited as Fund Manager	As above	389,038	389,038
ING Group	ING (NZ) Limited	ING (NZ) Limited	As above	65,537	65.537

$9,392,292$ $9,392,292$

ANNEXURE 'C'

ING Group

Name	Address	Abbreviation*
ING Groep N.V. and Its related	ING House.	TNG Group
bodies corporate	Armstelveenseweg 500
	1081 KL Amsterdam
	Netherlands
ING Australia Holdings Limited	Level 1, 347 Kent Street	ING Holdings
	Sydney NSW 2000
ING Investment Management	Level 1, 347 Kent Street	ING Investment Management
Limited (Formerly Mercantile	Sydney NSW 2000
Mutual Investment
Management Limited
ING Management Limited	Level 6, 345 George	ING Management Limited
	Street, Sydney NSW 2000
	ING Real Estate	ING Real Estate Investment Management
ING Real Estate International	International Schenkkard	Australia Pty Limited
Investments III BV	65 The Nelherlands
ANZ Managed Investments C/-	GPO Box 2842AA.	ANZ Nominees
ANZ Nominees Limited	Melbourne VIC 3001
ANZ Nominees Limited	GPO Box 2542AA,	ANZ Nominees Limited
	Melbourne VIC 3001
Cogent Nominees Pty Limited	Conent Nominecs Pty	Cogent Nominees Pty Limited (BNP Nominees)
	Limited PO Box R209
	Royal Exchange NSW
	1225
Citicorp Nominees Pty Limited	GPO Box 764G	Cittcorp Nominees
	Melbourne VIC 3001
J P Morgan Nominees Australia Locked Bag 7 Royal		J P Morgan Nominees Australia Limited
Limited	Exchange Sydney NSW
	2001	National Nominces Limited
National Nominees Limited	Level 5 South 271 Collins
	Street Melbourne VIC
	3000 No.1 Account C/-	Premier Nominees Limited
Premier Nominees NO 1	Armstrong Jones (New
Account Limited	Zealand Limited PO Box

	7149 Wellesley Street Auckland 1036 New
	Zealand
RBC Global Services Australia	GPO Box 5430 Sydney	RBC Global Services
Nominees Ply Limited	NSW 2000

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HUMM GROUP LIMITED Major Shareholding Notification 2007