INSIGNIA FINANCIAL LTD — Major Shareholding Notification 2011

Jul 27, 2011

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder

To: HASTIE GROUP LIMITED ACN: 112 803 040 ASX Code: HST

1. Details of substantial holder

Name: IOOF Holdings Limited ACN: 100 103 722

This notice is given by IOOF Holdings Limited on behalf of itself and its subsidiaries.

There was a change in the interest of the substantial holder on: 26/07/2011 The previous notice was given to the company on: 21/07/2011 The previous notice was dated: 19/07/2011

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 had a relevant interest 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	Previous notice		Present notice
	Person's votes	Voting Power	Person's votes	Voting Power
Ordinary	60,714,285	5.717%	156,540,695	11.447%

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

Person	Nature	Consideration	Class & number (ord)	Person's votes
Perennial Investment Partners Limited(ACN 087901 620)	Entitlement Offer	$ 14,249,999.96	101,785,714	101,785,714
Perennial Investment Partners Limited(ACN 087 901 620)	Sold on market	-$ 980,797.46	- 5,959,304	- 5,959,304

2

4. Present Relevant Interests

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

Holder	Registered holder of securities	Person Entitled to be holder	Nature of relevant interest	Class & Number (Ord)	Person's votes
Perennial Investment Partners Limited (ACN 087 901620) Perennial Investment Partners Limited (ACN 087 901620) Perennial Investment Partners Limited (ACN 087 901 620) Perennial Investment Partners Limited (ACN 087 901620) Perennial Investment Partners Limited (ACN 087 901620)	Northern Trust		InvestmentManager	46,709,550	46,709,550
	NAB Asset Servicing		Investment Manager	39,232,966	39,232,966
	JP Morgan		Investment Manager	19,366,817	19,366,817
	Citigroup		InvestmentManager	33,793,941	33,793,941
	BNP		Investment Manager	17,437,421	17,437,421

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name & ACN Nature of association

Not applicable

6. Addresses

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

Name	Address
Hastie Group Limited	Level 5, 20 Highgate St Auburn,NSW 2144
IOOF Holdings Limited	Level 6, 161 Collins Street Melbourne VIC 3000
Perennial Investment Partners Limited	Level 24, 303 Collins Street Melbourne VIC 3000