INVESTSMART GROUP LIMITED — Regulatory Filings 2011

Nov 21, 2011

Form 605

Corporations Law Section 671B Notice of ceasing to be a substantial holder

To: Company Name/Scheme Merricks Capital Special Opportunity Fund Limited

ACN ~~/ARSN~~

111 772 359

1. Details of substantial holder (1)

Name Bank of America Corporation and its related bodies corporate

ACN/ARSN (if applicable):

The holder ceased to be a substantial shareholder on

The previous notice was given to the company on

The previous notice was dated

18 November 2011 29 March 2011 23 March 2011

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
12-Apr-2011	Merrill Lynch International Ltd	Securities returned	N/A	Ordinary (1,906,973)	(1,906,973)
12-Apr-2011	Merrill Lynch International (Australia) Ltd	Securities borrowed	N/A	Ordinary 1,906,973	1,906,973
24-May-2011	Merrill Lynch International (Australia) Ltd	Securities returned	N/A	Ordinary (274,945)	(274,945)
18-Nov-2011	Merrill Lynch International (Australia) Ltd	Securities returned	N/A	Ordinary (1,632,028)	(1,632,028)

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 follows:

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

4. Addresses

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

Name	Address
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255, USA
Merrill Lynch (Australia) Futures Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
Merrill Lynch (Australia) Nominees Pty Ltd	Level 19, 120 Collins St, Melbourne Vic 3000, Australia
Merrill Lynch International (Australia) Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
MLEQ Nominees Pty Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia

SIGNATURE

Print Name: Sign Here:	Fiona Cheng Capacity: Authorised signatory
	Date: 22 November 2011

Appendix: Prescribed information

Type of agreement	Prime Brokerage Agreement / Global Master Securities Lending Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch International (Australia) Limited and Merricks Capital Pty Limited as Trustee of the Merricks Capital Long/Short Equity Fund
Transfer date	For the period from 24 March 2011 to 18 November 2011.
Holder of voting rights	Securities borrower. Securities lender may instruct the registered holder to vote on securities.
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A