MAYNE PHARMA GROUP LIMITED — Major Shareholding Notification 2013

Mar 20, 2013

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

Mayne Pharma Ltd

ACN 76 115 832 963

1. Details of Substantial holder

Name

ACN

To:

078 030 752

Investors Mutual Limited

The holder ceased to be a substantial holder on: 18^th March 2013

The previous notice was given to the company on: 15^th March 2013

The previous notice was dated: $15^th$ March 2013

2. Changes of Relevant Interests

Particulars of each change in, or change of, a relevant Interest of Investors Mutual or an associate in voting securities of the company, since Investors Mutual was last required to give a substantial holding notice to the company:

Holder of Relevant Interest	Nature of Change	Given	Consideration Class & Number of Securities Affected		Votes Affected (No of Shares)
Investors Mutual
Limited	Sale	\$351.075	Ordinary	750,000	750,000

Please note previous notice stipulated voting power at 5.19%, this should have been 5.10%.

3. Changes in Association

The person who has become associates of, ceased to be associates of, or have changed the nature of their association with Investors Mutual in relation to voting interests in the company are as follows:

Name and ACN	Nature of Association
	-------

4. Present Relevant Interests

Particulars of each relevant interest of Investors Mutual Limited in voting securities after the change are as follows:

Holder of relevant Interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant Interest	Class	Number of Securities	Person's votes
Investors Mutual Limited	RBC Global Services Australia Nominess Pty Limited <bkcust A/C ></bkcust	Investors Mutual Limited	Ability to Influence the voting and disposal of shares	Ordinary	27,950,000	27,950,000
Treasury Group Limited	As above	As above	TRG holds over 20% of the voting power In Its investment managers pursuant to section 608(3)(a)	Ordinary	27,950,000	27,950,000

5. Addresses

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

Name	Address
Investors Mutual Limited	Level 24, 25 Bligh Street, Sydney NSW, 2000
RBC Global Services Australia Pty Limited	Level 17, 2 Park Street, Sydney NSW, 2000
Treasury Group Limited	Level 14, 39 Martin Place, Sydney, NSW, 2000

Name:	Hugh Giddy	Capacity:	Director
Signature:	REGIOLI	Date:	20/63/2013