INGENIA COMMUNITIES GROUP — Major Shareholding Notification 2008

Nov 20, 2008

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FACSIMILE TRANSMITTAL SHEET

TO: Company Announcements Department	FROM: Grant Berry
COMPANY: Australian Stock Exchange Limited	DATE: 21 ST NOVEMBER 2008
FAX NUMBER: 1300 135 638	TOTAL NO. OF PAGES INCLUDING COVER: 3
RE.	YOUR REFERENCE NUMBER:
Notice of ceasing to be a substantial holder
$\Box$ FOR REVIEW URGENT	$\Box$ PLEASE COMMENT $\Box$ PLEASE REPLY $\Box$ PLEASE RECYCLE

NOTES/COMMENTS:

Dear Sir/Madam,

Please find attached Form 605 - Notice of ceasing to be a substantial holder for ING Real Estate Community Living Fund.

Kind Regards,

Director

SG HISCOCK & COMPANY AFS LICENSE NO: 240679 ABN: 51 097 263 628 FAX: 03 9642 4430 PHONE: 03 9642 4300 LEVEL 22, 600 BOURKE STREET, MELBOURNE, VIC, 3000

605 page 1/2 15 July 2001

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Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Real Estate Community Living ING tund
ACN/ARSN	LS9 576
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	Hiscock & Company ltd SG 263 628
The holder ceased to be a substantial holder on	।9 /11 08
The previous notice was given to the company on The previous notice was dated	10/11/08 개 708

2. Changes in relevant interests

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 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:

Date of change	Person whose 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
	ISG Hiscock &	Deurase	or ice Averaae	290,552	290.552
Between	td impany	.VOtina exerase or –	=	$F.P.$ ord
08/11/08	19/1108 ંડ	semities.

3. Changes in association

The persons who have become associates (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 ---------------------------------------
		------ ___

Signature

	print name GRANT BERRY	DIRECTOR capacity
sign here	Costo	date $2$ / 11 / 2008

ANNEXURE A Page 1 of 1 referred to in Form 605

S.G Hiscock & Company Limited ACN 097 263 628
Registered Shareholdings in ING REAL ESTATE COMMUNITY LIVING FUND as at 19^th November 2008

	Holder of Relevant Interest Registered Holder of Securities	Address
SG Hiscock & Company Ltd	National Custodian Services Ltd	Level 21, 500 Bourke Street, Melbourne, VIC 3000
SG Hiscock & Company Ltd	State Street Australia Ltd	338 Pitt St Sydney NSW 2000
SG Hiscock & Company Ltd	Equity Trustees Ltd	Level 2/ 575 Bourke St Melbourne VIC 3000
SG Hiscock & Company Ltd	ANZ Custodian Services	Level 25/530 Collins St, Melbourne VIC 3001
SG Hiscock & Company Ltd	BNP Paribas	60 Castlereagh St Sydney NSW 2000
SG Hiscock & Company Ltd	JP Morgan Securities Australia Ltd	Level 32 Grosvenor Pl 225 George St Sydney NSW 2000
SG Hiscock & Company Ltd	Multiplex Funds Management Limited	1 Kent Street Sydney NSW 2000
SG Hiscock & Company Ltd	Perpetual Trustees Company Limited	Level 12 123 Pitt St Sydney NSW 2000

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