MASTERMYNE GROUP LIMITED — Major Shareholding Notification 2012

Sep 17, 2012

FORM 603

Corporations Act 2001 Section 671B

NOTICE OF INITIAL SUBSTANTIAL HOLDER

To: Company Name/Scheme

MYE - Mastermyne Group Limited

ACN/ARSN

100 325 184

1. Details of Substantial Holder(1)

Name Acorn Capital Limited ACN/ARSN (if applicable) 082 694 531 The holder became a substantial holder on 17/09/2012

2. Details 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	Person's Votes (5)	Voting Power (6)
Ordinary	4,214,019	4,214,019	5.59%

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
Acorn Capital Limited	Power to (or to control) exercise vote and/ordispose of the shares as discretionary	4,214,019
	investment managers or advisers to
	superannuation funds, pooled
	superannuation trusts, managed investment
	schemes and investment management
	agreements

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	Class and Number of
		Registered as Holder(8)	Securities
Catholic Superannuation Fund	National Nominees		157,791
LUCRF Acorn Micro-Cap Equities	JP Morgan Chase Nominees		219,486
Auscoal Superannuation Fund	JP Morgan Chase Nominees		233,771
Queensland Local Government Superannuation	JP Morgan Chase Nominees		250,570
Commonwealth Super Corporation	HSBC Custody Nominees (AUS) Ltd		328,507
Commonwealth Bank Officers' Superannuation Fund	Citicorp Nominees		392,112
Health Super	JP Morgan Chase Nominees		439,478
Sunsuper Fund	HSBC Custody Nominees (AUS) Ltd		605,683
Acorn Capital Microcap Trust	National Nominees		650,607
UniSuper	National Nominees		936,014

Page 1 of 2

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
Acorn Capital Limited	03-Apr-2012 to 17-Sep-2012	$8,809,189.21			4,214,019

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) Name of Association

7. Addresses

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

NameAddressAll Relevant HoldersC/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000	NameAddressAll Relevant HoldersC/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000
	C/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000

==> picture [340 x 47] intentionally omitted <==

----- Start of picture text ----- Print Name PAUL PALUMBO Capacity Portfolio ManagerSign Here Date 18/09/2012----- End of picture text -----

Page 2 of 2