IRESS LIMITED — Major Shareholding Notification 2011

Nov 9, 2011

$10 - 11 - 11$ ; $17:27$ $\rightarrow$

;617 3020 3701

$#$ $1/$ $\overline{7}$

Facsimile Transmission

Hyperion Asset Management Limited

To: Company: Fax No: From:	Company Announcements Office ASX. 02 9347 0005 I W Harrison	Level 22 307 Queen Street Brisbane Old 4000 GPO Box1205 Brisbane Old 4001 Telephone 07 3020 3737 Facsimile 07 3020 3701 www.hyperionam.com.au clientservices@hyperionam.com.au
Date:	10 November 2011
Subject: Pages (incl. Cover): 7	Notice of change of interests of substantial holder

Please find following a Form 604 Notice of change of interests of substantial holder for holdings in Iress Market Technology Limited by Hyperion Asset Management Limited.

$\frac{1}{2}$ we let

Mr I W Harrison Company Secretary

Hyperion Asset Management Limited ABN 80 080 135 897
The information contained in this transmission is confidential and may contain legally privileged information intended for the named recipient only. If you are not the i Any historical returns included in this communication are not an indication or guarantee of future returns.

;617 3020 3701 $#$ $2\sqrt{ }$ 604 Page 1 of 2 15 July 2001

$\overline{z}$

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Iress Market Technology Limited
ACN/ARSN	060 313 359

1. Details of substantial holder (1)

Name		Hyperion Asset Management Limited (Hyperion)
ACN/ARSN (if applicable)	ACN 080 135 897
There was a change in the interests of the substantial holder on		08/11/2011

The previous notice was given to the company on $06/04/2011$ The previous notice was dated $06/04/2011$

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 (2) had a relevant interest (3) 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 (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary fully paid	13,743,619	10.9%	15,349,992	12.08%

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 of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
		Refer Annexure А.

4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
		Refer Annexure в

$\ensuremath{\mathsf{3}}\xspace$ $\overline{7}$

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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

6. Addresses

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

Name	Address
Hyperion Asset Management Limited				Level 22, 307 Queen Street, Brisbane, QLD 4000

Signature

print name	Ian William Harrison	capacity	Company Secretary
	sign here of $h$ / $h$	date	09/11/2011

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ 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 6 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ applies, a copy of 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 $(b)$ disposal 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.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ 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.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "unknown".
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

$4/$

$\overline{7}$

IRESS MARKET TECHNOLOGY LIMITED

Annexure A From 5/04/2011 through 8/11/2011

Security Code:

IRE.ASX

From	To	Person Whose Relevant Interest Changed	Nature of	Consideration	Number of
Date	Date		Change		Securites
05-Apr-11	09-Nov-11	Auscoal Superannuation Pty Ltd	BUY	954.061.13	113,923.00
05-Apr-11	09-Nov-11	BUSS (Queensland) Pty Ltd	BUY	2,862,714.53	381,515.00
05-Apr-11	09-Nov-11	CBA Officers Superannuation Fund Pty Ltd	BUY	834,162.20	90,557.00
05-Apr-11	09-Nov-11	Coal Mining (Long Service Leave) Funding Corporation	BUY	198.755.59	21,577.00
05-Apr-11	09-Nov-11	CoINVEST Limited	BUY	102.322.12	11,032.00
05-Apr-11	09-Nov-11	Electricity Supply Industry Superannuation (QLD) Limited	BUY	2,652,088.29	301,157.00
05-Apr-11	09-Nov-11	The Greater Metropolitan Cemetaries Trust	SELL	$-14.914.20$	$-1,712.00$
05-Apr-11	09-Nov-11	Health Super Pty Ltd	BUY	657,498.74	70,644.00
05-Apr-11	09-Nov-11	Hyperion Flagship Investments Limited	SELL	-118,860.86	$-16,000.00$
05-Apr-11	09-Nov-11	Hyperion Australian Growth Companies Fund	BUY	825,413.93	89,142.00
05-Apr-11	09-Nov-11	Hyperion Global SICAV - Australian Growth Companies	BUY	150,510.98	16,000.00
05-Apr-11	09-Nov-11	Hyperion Small Growth Companies Fund	BUY	352,254.61	49,378.00
05-Apr-11	09-Nov-11	Hyperion Small Growth Companies Fund	SELL	-236,002.20	$-27,045.00$
05-Apr-11	09-Nov-11	Insurance Commission Western Australia	BUY	140,214.55	15,200.00
05-Apr-11	09-Nov-11	Optimix Wholesale Australian Share Trust	BUY	3,847,062.92	456,451.00
05-Apr-11	09-Nov-11	KARU Pty Ltd ATF Murdoch Family Trust No 1	BUY	15,085.47	1,640.00
05-Apr-11	09-Nov-11	KARU Pty Ltd ATF Murdoch Family Trust No 1	SELL	-13,685.34	$-1,560.00$
05-Apr-11	09-Nov-11	Local Super Pty Ltd	BUY	104,425.48	11,000.00
05-Apr-11	09-Nov-11	Maritime Super Pty Ltd	BUY	748,533.10	79,690.00
05-Apr-11	09-Nov-11	Meat Industry Employees' Superannuation Fund Pty Ltd	BUY	83,076.18	8,926.00
05-Apr-11	09-Nov-11	Military Superannuation	BUY	614,511.62	66,587.00
05-Apr-11	09-Nov-11	Military Superannuation	SELL	$-1,729,095.15$	-190,917.00
05-Apr-11	09-Nov-11	Tower New Zealand	BUY	93,765.01	9,880.00
05-Apr-11	09-Nov-11	Tower New Zealand	SELL	$-1, 275, 350.40$	$-137,430.00$
05-Apr-11	09-Nov-11	United Super Pty Ltd	BUY	2,032,499.81	218,379.00
05-Apr-11	09-Nov-11	Vision Australia Foundation ATO Vision Australia Trust	BUY	54,754.33	5,883.00
05-Apr-11	09-Nov-11	Individually Managed Accounts	BUY	249,182.00	26,773.00
05-Apr-11	09-Nov-11	Individually Managed Accounts	SELL	$-3,396,266.56$	$-365,977.00$
05-Apr-11	09-Nov-11	Hyperion Ast Mgt - Aust Clients	BUY	1,977,996.10	308,808.00
05-Apr-11	09-Nov-11	Hyperion Ast Mgt - Aust Clients	SELL	$-39,605.59$	$-5,326.00$
05-Apr-11	09-Nov-11	Hyperion Ast Mgt - Japan Clients	SELL	$-15,972.81$	$-1,802.00$

This is Annexure "A" of 1 page as mentioned in form 604 Notice of change of interests of substantial holder

$9v - 100$

Capacity:

Signed by:

Company Secretary

DATE 9 November 2011

IRESS MARKET TECHNOLOGY LIMITED

Annexure B - Registered Holders

From 5/04/2011 through 8/11/2011

$\sum_{\text{ASET}}$

┍ AGEMEN
Z ╰╴

۴
ū

Holder of	Registered Holder of Security	o be Registered as Person entitled Holder	Nature of Relevant Interest	Class and Number of Securities	Votes Personal
Relevant Interest Hyperion	Auscoal Superannuation Pty Ltd	Auscoal Superannuation Pty Ltd A/C > JP Morgan Chase Nominees Ply Ltd <	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	1371655 Ordinary Fully Paid	1,371,655
Hyperion	BUSS (Queensland) Ply Ltd	BNP Paribas Australia Ltd < BUSS (QUEENSLAND) PTY LTD A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	381515 Ordinary Fully Paid	381,515
Hyperion	CBA Officers Superannuation Fund Pty Ltd	Officers Superannuation Fund Pty Ltd Citicorp Nominees Pty Limited < CBA $\sim$	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	1031798 Ordinary Fully Paid	1,031,798
Hyperion	Coal Mining (Long Service Leave) Funding Corporation	JP Morgan Chase Nominees Pty Ltd < Coal Mining (Long Service Leave) ion A/C > Funding Corporat	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	246227 Ordinary Fully Paid	246,227
Hyperion	ColNVEST Limited	JP Morgan Chase Nominees Pty Ltd < CoINVEST Limited A/C >	nvestment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	172397 Ordinary Fully Paid	172.397
Hyperion	Superannuation (QLD) Limited Electricity Supply Industry	National Nominees Ltd < Electricity Supply Industry Super A/C >	nvestment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	703826 Ordinary Fully Paid	703,826
Hyperion	The Greater Metropolitan Cernetaries Citicorp Nominees Pty Limited < Trust	FAWKNER A/C:	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	46498 Ordinary Fully Paid	46 498
Hyperion	Health Super Pty Ltd	JP Morgan Chase Nominees Pty Ltd < Health Super Pty Ltd A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	1786531 Ordinary Fully Paid	1,786,531

$\overline{\phantom{a}}$

Hyperion	Hyperion Flagship Investments Limited	Hyperion Flagship Investments Limited Citicorp Nominees Pty Limited < AG >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	200000 Ordinary Fully Paid	200,000
Hyperion	Hyperion Australian Growth Companies Fund	Companies $\frac{1}{2}$ Citicorp Nominees Pty Limit Hyperion Australian Growth Fund A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	647469 Ordinary Fully Paid	647,469
Hyperion	Hyperion Global SICAV - Australian Growth Companies	Hyperion Global SICAV - Australian ited < Citicorp Nominees Pty Limit Growth Companies A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	33000 Ordinary Fully Paid	33,000
Hyperion	Hyperion Small Growth Companies Fund	Hyperion Small Growth Companies Citicorp Nominees Pty Limited < Fund A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	178713 Ordinary Fully Paid	178,713
Hyperion	Insurance Commission Western Australia	stralia A/C > < Insurance BNP Paribas Australia Ltd Commission of Western Au	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	623070 Ordinary Fully Paid	623,070
Hyperion	Optimix Wholesale Australian Share Trust	JP Morgan Chase Nominees Pty Ltd < Optimix Wholesale Australian Share Trust A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	2084005 Ordinary Fully Paid	2,084,005
Hyperion	KARU Ply Ltd ATF Murdoch Family Trust No 1	ted < KARU Citicorp Nominees Pty Limi AC	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	19300 Ordinary Fully Paid	19,300
Hyperion	Local Super Pty Ltd	JP Morgan Chase Nominees Pty Ltd < Local Super SA-NT A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	449030 Ordinary Fully Paid	449,030
Hyperion	Maritime Super Pty Ltd	National Nominees Ltd < Maritime Super Pty Ltd A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	561482 Ordinary Fully Paid	561,482
Hyperion	Superannuation Fund Pty Ltd Meat Industry Employees'	JP Morgan Chase Nominees Pty Ltd < ٨ Ltd A/C: Meat Industry Employees' Superannuation Fund Pty	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	238492 Ordinary Fully Paid	238,492
Hyperion	Military Superannuation	National Nominees Ltd < Military Superannuation A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	618313 Ordinary Fully Paid	618,313

$\label{eq:2.1} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{2\alpha} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{\alpha} \frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\$

Hyperion	Murdoch Investments Pty Ltd ATF The Scope Investment Trust	Citicorp Nominees Pty Limited < Scope Investment Trust A/C	nvestment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	3792 Ordinary Fully Paid	3,792
Hyperion	United Super Pty Ltd	National Nominees Ltd < United Super Pty Ltd A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	2807207 Ordinary Fully Paid	2,807,207
Hyperion	The University of Queensland	Citicorp Nominees Pty Limited < University of Queensland A/C >	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	139110 Ordinary Fully Paid	139,110
Hyperion	Vision Australia Foundation ATO Vision Australia Trust	td <vision Sandhurst Trustees SUPER A/C ></vision	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	105183 Ordinary Fully Paid	105,183
Hyperion	Š	HSBC Nominees Pty Ltd <investment Administration Services A/C-</investment	Investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	329019 Ordinary Fully Paid	329,019
Hyperion	PAS		investment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and /or the dispoal of securities	258965 Ordinary Fully Paid	258,965
Hyperion	HYPERION IMA	Hyperion Ast Mgt - Aust Clients	nvestment Manager or in its own holdings for the persons or trusts listed beside its name, has the power to control voting Hyperion Asset Management Limited, in its capacity as and for the dispoal of securities	313395 Ordinary Fully Paid	313,395
	This is Annexure "B" of 3 pages as mentioned		in form 604 Notice of change of interests of substantial holder		15,349,992

Date: 9 November 2011 Company Secretary

$\frac{d}{d}$ is $\frac{d}{d}$

Signed by:

Capacity:

$10 - 11 - 11$ ; $17:27$ ;

$\frac{1}{2}$