INGENIA COMMUNITIES GROUP — Major Shareholding Notification 2011

Aug 30, 2011

30 August 2011

To: Company Announcements Office

Australian Securities Exchange

Fax: 1300 135 638

Pages: 4 (including this cover page)

Form 603 - Notice of Initial Substantial Holder

ING Real Estate Community Living Group (ASX: ILF)

Please find attached a Form 603 - Notice of Initial Substantial Holder for interests of Mr Vasilios Votsarisin ING Real Estate Community Living Group.

For and on behalf of Mr Vasilios Votsaris,

Leanne Ralph

Boardworx Australia Pty Limited PO Box 1110 Neutral Bay Junction NSW 2089

m 0414 731 082 e leanne.ralph@boardworx.net.au www.boardworx.net.au acn 144 036 911

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$2/$ $\overline{4}$

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To_Company Name/Scheme	ING Real Estate Community Living Group
ACN/ARSN	107 459 576
1. Details of substantial holder (1)
Name	Mr Vasilios Votsaris
ACN/ARSN (if applicable)

The holder became a substantial holder on 25/08/2011

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)
Crdinary Shares	22,069,616	22.069.616	5.00%

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
Mr Vasilios Votsaris	Relevant interest under section 806(1) of the Corporations Act, being the registered holder of the securities.	22,069,616 Ordinary Shares

4. Details of prosent 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
Mr Vasilios Votsaris	Mr Vasilios Votsaris	Mr Vasilios Votsaris	22.069,616 Ordinary Shares

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:

Date of acquisition	Consideration (9)		Class and number of securities
	Cash	Non-cash

$\overline{4}$

6. Associates

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

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

7. Addresses

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

Name	Address
Mr Vasilios Votsaris	14-16 Isabella Grove, Hawthorn VIC 3122

Signature

print name

sign here

fallen

Mr Vasilios Votsaris

date

capacity

30/8/2011

DIRECTIONS

(1) 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 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.

(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.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• 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.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(7)$ 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 $(b)$ clsposal 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.

• $(8)$ 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".
• $(9)$ 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.

$\sim$ 1000 $\mu$

$\sim$ . $\sim$

$\sim$ 10000

.. ........

$\frac{1}{2}$

........

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ستعاد المرابط

$\sim$ $\sim$ .

Appendix A of Form 603

5. Consideration

Holder of relevant	Date of	Consideration		Class and Number
interest	Acquisition			of Securities
		Cash	Non-Cash
Mr Vasilios	25-Aug-11	\$0.115 per share		940,000 Ordinary
Votsaris				Shares
Mr Vasilios	15-Aug-11	S0.115 per share		400,000 Ordinary
Votsaris				Shares
Mr Vasilios	$4-May-11$	\$0.100 per share		113,011 Ordinary
Votsaris				Shares
Mr Vasilios	$4-May-11$	\$0.098 per share		137,410 Ordinary
Votsaris				Shares
Mr Vasilios	$3-May-11$	\$0.100 per share		156,662 Ordinary
Votsaris				Shares
Mr Vasilios	3-May-11	S0.100 per share		184,662 Ordinary
Votsaris				Shares
Mr Vasilios	$3-May-11$	S0.098 per share		356,710 Ordinary
Votsaris				Shares
Mr Vasilios	$2-May-11$	\$0.098 per share		203,736 Ordinary
Votsaris				Shares
Mr Vasilios	$2-May-11$	\$0.099 per share		302,658 Ordinary
Votsaris				Shares