INSIGNIA FINANCIAL LTD — Major Shareholding Notification 2014

Mar 4, 2014

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

To: Sealink Travel Group Limited ACN: 109 078 257 ASX Code: SLK

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

28/02/2014 26/11/2013 27/11/2013

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	5,204,225	7.435%	4,277,173	6.078%

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:

Date	Person	Nature	Consideration	Class & number (ord)	Person's votes
23/01/2014	Perennial Investment Partners Limited(ACN 087 901 620)	Sold on market	-$ 454,655.90	- 278,930	- 278,930

2

5/02/2014	Perennial Investment Partners Limited(ACN 087 901 620)	Purchased on market	$ 546,396.07	351,878	351,878
28/02/2014	Perennial Investment Partners Limited(ACN 087 901 620)	Sold on market	-$ 1,724,291.01	- 1,000,000	- 1,000,000

4. Present Relevant Interests

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

Holder Perennial Investment Partners Limited (ACN 087901620)	Registered holder of securities	Nature of relevant interest	Class & Number (Ord)	Person's votes
	StateStreet	Investment Manager	847,308	847,308
Perennial Investment Partners Limited (ACN 087901620)	NAB Asset Servicing	Investment Manager	1,822,568	1,822,568
Perennial Investment Partners Limited (ACN 087901620)	Citigroup	Investment Manager	546,985	546,985
Perennial Investment Partners Limited (ACN 087901 620)	BNP	Investment Manager	1,060,312	1,060,312

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

3

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

Name	Address
IOOF Holdings Limited	Level 6, 161 Collins Street Melbourne Victoria 3000
Sealink Travel Group Limited	Level 1, 440 King William Street Adelaide SA 5000
Perennial Investment Partners Limited	Level 24, 303 Collins Street Melbourne Victoria 3000