Lachlan Star Limited — Major Shareholding Notification 2011

Dec 1, 2011

Allens Arthur Robinsor

	ASX Limited 1300 135 638	www.aar.com.au
And To	Company Announcements Platform,	Australia DX 210 Brisbane
Fax	(08) 9321 9335	Riverside Centre Brisbane QLD 4001
	Lachlan Star Limited.	Correspondence PO Box 7082
To	Company Secretary,	Tel 61 7 3334 3000 Fax 61 7 3334 3444
From	Allens Arthur Robinson	Brisbane QLD 4000 Australia
Page	1 of $3$	Riverside Centre 123 Eagle Street
Date	2 December 2011	ABN 47 702 595 758

Confidential Fax Fax enquiries ring 61 7 3334 3202

Dear Sir/Madam

Notification pursuant to Section 671B of the Corporations Act 2001

We act for Sentry Investments Inc (the Company).

ASIC Form 603 (Notice of initial substantial holder) is attached on behalf of the Company.

Yours faithfully

ı

Chelsey Drake Partner Chelsey.Drake@aar.com.au Tel 61 7 3334 3202

Attach

Our Ref CAEB:120217194

tibb A0119491972v1 120217194

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603 page 1/2 15 July 2001

Form 603 Corporations Act 2001
Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Lachian Star Limited
ACN/ARSN	000 759 535
1. Detaila of substantial holder (1) Name	Sentry Investments Inc., Sentry Select Capital Corp. and Sean Driscoll
ACN/ARSN (if applicable)	Not applicable
The holder became a substantial holder on	30/11/2011
2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting intereste 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	Person's votes (6)	Voting power (6)
Ordinary Shares ---	5.750,000	6.750,000	(9.96% (based on 75,367,517 ordinary shares outstanding)

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
Sentry Investments Inc.	Relevant interest in shares held as custodian by Roytor & Co under sections 6,750,000 ordinary shares 606(1)(b) and 608(1)(c) of the Corporations Act
Sentry Select Capital Corp.	Deemed relevant interest via control of Sentry Investments Inc under section 606(3)(a) of the Corporations Act	6,750,000 ordinary shares
ISean Driscoll	Deemed relevant interest via control of Sentry Investments inc under section 608(3)(b) of the Corporations Act	6.750,000 ordinary shares

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 of securities
Sentry investments inc.	Roytor & Co	Unknown	6.750.000 ordinary Ishares
Sentry Select Capital Corp.	Roytor & Co	lunknown	6.750.000 ordinary sharas
Sean Driscoll	Roytor & Co	lUnknown.	6,750,000 ordinary shares

5. Consideration

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
Sentry investments inc.	30 November 2011 by exercise of AUS\$5,535,000 Special Warrants			6.750.000 ordinary Ishares
Sentry Select Capital Corp.	30 November 2011 by exercise of Nil Special Warrants			6.750.000 ordinary shares
Sean Driscoll	30 November 2011 by exercise of NB Special Warrants			6.750.000 ordinary shares

$\overline{\phantom{a}}$

603 GUIDE page 1/1 13 March 2000

6. Associates

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
Not applicable

7. Addresses

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

Name	Address
Sentry Investments Inc	199 Bay St, Suite 4100, Commerce Court West, Toronto ON M5L 1E2
Sentry Select Capital Corp.	[199 Bay St, Suite 4100, Commerce Court West, Toronto ON M5L 1E2
Sean Driscoll	199 Bay St, Suite 4100, Commerce Court West, Toronto ON M5L 1E2

Slanature

print name Sean Driscoll Director capacity sign here date 1/12/2012 DIRECTIONS

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 ann $(1)$ 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 7 of the form.

• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001,
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a (5) relevant interest in

$⁽⁶⁾$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any $(n)$ any reasonably enter to which continue the statement 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 scatement contra
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the
  securities to which the relevant interest relates (indicating clearly the $\left( 0\right)$

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown." $(\mathbf{E})$
• Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired hes, or $(9)$ 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 are not paid directly to the person from whom the relevant interest was acquired.

$(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.