MAYNE PHARMA GROUP LIMITED — Major Shareholding Notification 2013

Mar 24, 2013

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To: Company Name/Scheme	MAYNE PHARMA GROUP LIMITED
ACN/ARSN	115 832 963
1. Details of substantial holder (1)
Name:	UBS AG and its related bodies corporate
ACN/ARSN (if applicable)
The holder became a substantial holder on:	20 March 2013

$2.$ 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	Persons' votes (5)	Voting power (6)
Ordinary	45,556,955	45,556,955	8.09%

Details of relevant interests $3₁$

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
UBS Global Asset Management (Australia) Ltd	Fund Manager with power to exercise control over voting shares	1.124,657	Ordinary
UBS Securities Australia Ltd	Beneficial Owner	158 470	Ordinary
UBS AG, Australian Branch	Prime Broker that has exercised its borrowing right in respect of shares pursuant to a Prime Broking Agreement (see Appendix A)	44,273,828	Ordinary

Details of present registered holders 4.

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
UBS Global Asset Management (Australia) Ltd	Various custodians	UBS Global Asset Management (Australia) Ltd	1.124.657	Ordinary
UBS Securities Australia Ltd	Brispot Nominees Pty Ltd	UBS Securities Australia Ltd	158.470	Ordinary
UBS AG, Australian Branch	UBS Nominees Pty Ltd	UBS AG, Australian Branch	44.273.828	Ordinary

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
Please see Appendix B.

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
UBS Global Asset Management (Australia) Ltd	Related body corporate
UBS Securities Australia Ltd	Related body corporate
Brispot Nominees Pty Ltd	Related body corporate
UBS Nominees Pty Ltd	Related body corporate

7. Addresses

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

---

Name	Addresses
Details of all UBS offices can be found through the f following link: http://apps.ubs.com/locationfinder

SIGNATURE

Print Name:	Patricia Sullivan	Capacity:	Authorised signatory
Sign Here:		Date:	22 March 2013
Print Name:	Trish Lee	Capacity:	Authorised signatory
Sign Here:		Date:	22 March 2013

Contact details for this notice:

Trish Lee Legal & Compliance $(T)$ +852 3712 4387 $(F) + 85229717895$

Holder of relevant interest	UBS AG, Australia Branch
Type of agreement	Prime Brokerage Agreement
Parties to agreement	(i) UBS AG, Australia Branch ("UBS AG")
	(ii) Client (Please refer to Appendix $A-1.$
Transfer date	Please refer to Appendix A-1.
Holder of voting rights	UBS AG
Are there any restrictions on voting rights?	Please refer to the details below.
If yes, detail	Since all right and title in the securities passes to the transferee (i.e. UBS AG), the transferee has the right to vote. However, in certain circumstances, the transferee may seek to arrange for instructions to be exercised in accordance with the instructions of the transferor (i.e. Client).
Scheduled return date (if any)	None, subject to the terms of the relevant loan.
Does the borrower have the right to return early?	Yes.
If yes, detail	The borrower (i.e. UBS AG) has the right to return at its discretion.
Does the lender have the right to recall early?	Yes.
If yes, detail	The lender (i.e. Client) can recall at its request subject to compliance with margin requirements and the terms of the relevant loan.
Will the securities be returned on settlement?	Yes.
If yes, detail any exceptions	None.

Prime Brokerage Agreement - UBS AG, Australia Branch

Parties to agreement
Lanterne Strategic Investors Pty Limited as Trustee of Lanterne High Conviction Fund	20 March 2013
Australian Leaders Fund Limited	20 March 2013

Date of	Person whose relevant interest	Nature of	Consideration given	MYX - Appendix B Number of	Class
change	changed	Change	in relation to change	securities
27-Nov-12	UBS Securities Australia Ltd	Buy	14,500	50,000	Ordinary
29-Nov-12	UBS Securities Australia Ltd	Sell	15,500	(50,000) Ordinary
12-Dec-12	UBS Global Asset Management Ltd	Transfer-In	N/A	375,000	Ordinary
17-Dec-12	UBS Securities Australia Ltd	Sell	57,221	(182,000) Ordinary
17-Dec-12	UBS Securities Australia Ltd	Sell	57,221	(182,000) Ordinary
18-Dec-12	UBS Securities Australia Ltd	Buy	57,221	182,000 Ordinary
18-Dec-12	UBS Securities Australia Ltd	Sell	5,749	(18,000) Ordinary
19-Dec-12	UBS Securities Australia Ltd	Sell	30,919	(98,250) Ordinary
27-Dec-12	UBS Securities Australia Ltd	Buy	30,458	98,250	Ordinary
07-Jan-13	UBS Securities Australia Ltd	Buy	17,646	51,901	Ordinary
07-Jan-13	UBS Securities Australia Ltd	Sell	28,799	(86,901)	Ordinary
14-Jan-13	UBS Securities Australia Ltd	Buy	8,125	25,000	Ordinary
17-Jan-13	UBS Securities Australia Ltd	Sell	3,250	(10,000) Ordinary
23-Jan-13	UBS Global Asset Management Ltd	Buy	556,925	203,198	Ordinary
24-Jan-13	UBS Securities Australia Ltd	Buy	12,035	33,900	Ordinary
24-Jan-13	UBS Securities Australia Ltd	Sell	11.865	(33,900)	Ordinary
24-Jan-13	UBS Securities Australia Ltd	Buy	10,650	29,999	Ordinary
24-Jan-13	UBS Securities Australia Ltd	Sell	10,500	(29, 999)	Ordinary
07-Feb-13	UBS Securities Australia Ltd	Buy	380	1,000	Ordinary
11-Feb-13	UBS Securities Australia Ltd	Buy	29,447	78,650	Ordinary
11-Feb-13	UBS Securities Australia Ltd	Sell	19 125	(50,000)	Ordinary
12-Feb-13	UBS Securities Australia Ltd	Buy	19,250	50,000	Ordinary
12-Feb-13	UBS Securities Australia Ltd	Sell	23,574	(60,000)	Ordinary
12-Feb-13	UBS Securities Australia Ltd	Buy	2,037	5,154	Ordinary
12-Feb-13	UBS Securities Australia Ltd	Buy	4.276	10,826	Ordinary
13-Feb-13	UBS Securities Australia Ltd	Buy	13,650	35,000	Ordinary
$15$ -Feb-13	UBS Securities Australia Ltd	Buy	5,850	15,000	Ordinary
15-Feb-13	UBS Securities Australia Ltd	Sell	19,250	(50,000)	Ordinary
21-Feb-13	UBS Securities Australia Ltd	Buy	13,034	34,757	Ordinary
26-Feb-13	UBS Securities Australia Ltd	Buy	4.740	12,000	Ordinary
27-Feb-13	UBS Securities Australia Ltd	Sell	19,365	(52,000) Ordinary
28-Feb-13	UBS Securities Australia Ltd	Buy	27,300	70,000	Ordinary
01-Mar-13	UBS Securities Australia Ltd	Sell	24,900	(60,000) Ordinary
05-Mar-13	UBS Securities Australia Ltd	Buy	8,500	20,000	Ordinary
07-Mar-13	UBS Securities Australia Ltd	Buy	14,387	33,459	Ordinary
13-Mar-13	UBS Securities Australia Ltd	Buy	13,800	30,000	Ordinary
15-Mar-13	UBS Securities Australia Ltd	Buy	15,408	34,624	Ordinary
18-Mar-13	UBS Global Asset Management Ltd	Buy	1,047,540	271,459	Ordinary
20-Mar-13	UBS AG, Australia Branch	Stock received	N/A	44,273,828	Ordinary
20-Mar-13	UBS Securities Australia Ltd	Buy	6,825	15,000	Ordinary
20-Mar-13	UBS Securities Australia Ltd	Sell	6,900	(15,000)	Ordinary

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