IRESS LIMITED — Major Shareholding Notification 2012

Nov 21, 2012

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To	Company Name/Scheme	IRESS Limited
	ACN/ARSN
1.	Details of substantial holder(1)
Name		Vinva Investment Management
	ACN/ARSN (if applicable)	147 934 263
	The holder became a substantial holder on	21/11/12

$\mathbf{z}$ Detaile 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 --	Persons' voles (5)	Voting power (6)
FPO	6.496.612	6.496.612	5.05%

*Based on issued capital of 128,620,231 shares

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
i See Schedule 1

4. Details of present 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 ol securilies
See Schedule 1

Consideration 5.

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:

Holder of relevant Interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
Vinva investment Management	Various dates between 21/07/12 and 21/11/12	(29, 385, 836)		4 013,335 FPO

Associates 6.

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
N/A

7. Addressee

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

Name	Address
Vinva Investment Management	Level 13, 10 Bridge Street, Sydney, NSW 2000

Signature

print name	Robert Cochrane		capacity	Chief Operating Officer
٠ sign here		Koch	dale	22/11/2012
		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 parsons 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 clearl the form.
• $(2)$ See the definition of 'associate' in section 9 of the Corporations Law.
• See the definition of 'relevant interest' in sections 609 and 671B(7) of the Corporations Law. (3)
• The voling shares of a company constitute one class unless divided into separate classes. $(4)$
• $(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the acheme (if any) that the person or an associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. (6)
• (7) include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. 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 (b) powers or 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 Law.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) $(B)$ write 'unknown'.
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest $(9)$ 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 behaff of the substantial holder or ils associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Schedule 1 - Change in substantial holding for IRESS Limited - Vinva Investment Management

Details of relevant interests

Holder of relevant interest	it relevant interest Nature o	Class and number of securities
Vinva Investment Management	Power to (or to control) exercise vote	6,496,612 Fully paid ordinary shares
	and/or dispose of the securities as
	hary investment managers or discretion
	of superannuation funds, pooled advisers
	superannuation trusts, managed investment
	schemes and investment management
	ë Bauceaba

Details of present registered holders

Holder of relevant interest	Registered holder of securities	Persons entitled to be a registered holder	Class and number of securities
Vinva Investment Management	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd	3,149,200 FPO
Vinya Investment Management	National Nominees Ltd	National Nominees Ltd	1,471,896 FPO
Vinva Investment Management	State Street Australia Limited	State Street Australia Limited	764,681 FPO
Vinya Investment Management	Cogent Nominees Limited	Cogent Nominees Ltd	1,110,835 FPO

6,496,612

$\frac{1}{1}$

$\frac{1}{4}$

$\overline{1}$

$\begin{array}{c} 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \ 1 \$