Perpetual Limited — Major Shareholding Notification 2003

Jun 26, 2003

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme MACQUARIE PROLOGIS LIMITED

ACN/ARSN 100 649 536

1.	Details of substantial holder (1)
Name		PERPETUAL TRUSTEES AUSTRALIA LIMITED
	ACN (if applicable)	000 431 827

$_25_ /_06_ /_2003_$ The holder became a substantial holder on

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	31,052,483	31,052,483	5.63%

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
Refer annexure 1 & 2

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph above are as follows:

Holder of relevant interest	Registered holder of securities	Persons entitled to be registered as holder (8)	Class and number of securities
Refer annexure 1

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
Refer annexure 3		Cash	Non - Cash

Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN (if applicable)	Nature of association
Refer to Annexure 1 & 2

6. Addresses

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

Name	Address
Refer to Annexure 1

Signature

Print name

GLENDA CHARLES

Capacity COMPANY SECRETARY

Perpetual Investments Account Codes & Details

INTERNAL CODE	ACCOUNT DETAILS	REGISTRATION DETAILS
PMISF1	RBC Global Services Australia Nominees Pty Limited ACF: Perpetual's Industrial Share Fund Account Code: PMISF1 Level 19 / 1 Castlereagh Street Sydney NSW 200	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMISF2	RBC Global Services Australia Nominees Pty Limited ACF: Perpetual's Industrial Share Fund Account Code: PMISF2 Level 19 / 1 Castlereagh Street Sydney NSW 200	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMISFJ	RBC Global Services Australia Nominees Pty Limited ACF: Perpetual's Industrial Share Fund Account Code: PMISFJ Level 19 / 1 Castlereagh Street Sydney NSW 200	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
NSWTC	Cogent Nominees Pty Ltd ACF NSW Treasury Corporation. Account Code: HGFPTE RBC Global Services Australia Nominees Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 2000	Cogent Nominees Pty Limited P.O. Box R209, Royal Exchange, Sydney NSW 1225
ARF	JP Morgan Chase Nominees Ltd ACF: Australian Retirement Fund. Account Code: ARF RBC Global Services Australia Nominees Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
SMF	Permanent Trustee Australia Ltd ACF: SMF Funds Management Account Code: SMF RBC Global Services Australia Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 2000	Permanent Trustee Australia Ltd GPO Box 4270 Sydney NSW 2000
GSF	RBC Global Services Australia Nominees Pty Limited. ACF: Perpetual Australia Share Fund. Account Code: ASF / GSF Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMBHP	JP Morgan Chase Nominees Ltd ACF: BHP Superannuation Fund. Account Code: PMBHP RBC Global Services Australia Nominees Pty Limited. Level 19 / 1 Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
PMSCA	RBC Global Services Australia Nominees Ptv ATF: Perpetual's Smaller Companies Limited Analyst Fund Account Code: PMSCA. Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMCBUS	National Nominees Ltd ACF: Construction & Building Union Superannuation Fund Account Code: PMCBUS RBC Global Services Australia Nominees Pty Limited. Level 19 / 1 Castlereagh Street Sydney NSW 200	National Australia Custodian Services 5th Floor South, 271 Collins Street Melbourne VIC 3000
PPSF	RBC Global Services Australia Nominees Pty Limited ATF: Perpetual Property Securities Fund Account Code: PPSF, Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000

SASFIT	JP Morgan Chase Nominees Ltd ACF: South Australia Superanuuation Fund Account Code: SASFIT RBC Global Services Australia Nominees Pty Limited. Level 19 / 1 Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7 Royal Exchange Sydney NSW 2000
ICIS	RBC Global Australia Nominees Pty Limited ACF: Perpetual Investor Choice Industrial Asset Group Account Code: ICIS. Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
ICAS	RBC Global Services Australia Nominess Pty Limited. ACF: Perpetual Investor Choice Australian Asset Group. Account Code: ICAS Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
ICSC	RBC Global Services Australia Nominees Pty Limited. ACF: Perpetual Investor Choice Smaller Asset Group Account Code: ICSC. Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMHOST	JP Morgan Chase Nominees Limited ACF: Host - Plus Pty Ltd Accoutn Code: PMHOST RBC Global Services Australia Nominees Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
PMCARE	National Nominees Limited. ACF: Care Super Fund Account Code: PMCARE RBC Global Services Australia Nominees Pty Limited. Level 19, 1 Castlereagh Street, Sydney NSW 2000	National Australia Custodian Services 5th Floor South, 271 Collins Street Melbourne VIC 3000
PMPSS	JP Morgan Chase Nominees Limited ACF: PSS Board & Total Risk Management Account Code: PMPSS RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
PMMLC2	Westpac Custodian Nominees ACF: MLC Statutory Fund No.2 Account Code: PMMLC2 RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian Nominees State Street Fund Q7M6 Level 9, 50 Pitt Street Sydney NSW 2000
PMMLC3	Westpac Custodian Nominees ACF: MLC Statutory Fund No.3 Account Code: PMMLC3 RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian Nominees State Street Fund Q7K4 Level 9, 50 Pitt Street Sydney NSW 2000
PMMLC4	ACF: Westpac Custodian Nominees MLC Statutory Fund No.4 Account Code: PMMLC4 RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian Nominees State Street Fund Q7MD Level 9, 50 Pitt Street Sydney NSW 2000
PMMLCI	ACF: Westpac Custodian Nominees MLC Masterkey Account Code: PMMLCI RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian Nominees State Street Fund Q7MH Level 9, 50 Pitt Street Sydney NSW 2000

PMMLCL	Westpac Custodian Nominees ACF: MLC Lifetime Fund Account Code: PMMLCL RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian Nominees State Street Fund Q7K9 Level 9, 50 Pitt Street Sydney NSW 2000
PMMLCP	ACF: Westpac Custodian Nominees MLCI Pool - Perpetual Australian Share Trust Account Code: PMMLCP RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian Nominees State Street Fund Q7L5 Level 9, 50 Pitt Street Sydney NSW 2000
PMCSS	JP Morgan Chase Nominees Limited ACF: CSS Board & Total Risk Management Account Code: PMCSS RBC Global Services Australia Nominees Pty Limited, Level 19, 1 Castlereagh Street, Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
ICPS	RBC Global Services Australia Nominees Pty Limited, ACF: Perpetual Investor Choice Property Securities Asset Group. Account Code: ICPS. Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited. GPO Box 5430 Sydney NSW 2000
NFMGT	National Nominees Limited ACF: National Financial Management Account Code: NU/NUPPAE RBC Global Services Australia Nominees Pty Limited, Level 19 / 1 Castlereagh Street Syndey NSW 2000	National Australia Custodian Services 5th Floor South 271 Collins Street Melbourne VIC 3000
PMONE	National Nominees Limited ACF: OneSteel Suerannuation Fund Account Code: PMONE, RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	National Australia Custodian Services OneSteel Superannuation Fund OSPEAE / 6571-17 5th Floor South 271 Collins Street Melbourne VIC 3000
PCEF	RBC Global Services Australia Nominees Pty Limited, Account Code: PCEF Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
QITE2	RBC Global Services Australia Nominees Pty Limited AFT: Quantitative Investments TE 2 Equity Fund. Account Code: QITE2 Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMFSAS	JP Morgan Chase Nominees Limtied ACF: Funds SA Small Co Portfolio Account Code: PMFSAS RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
PMSTA	National Nominees Limited ACF: Super Trust of Australia Account Code: PMSTA. RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	National Australia Custodian Services 5th Floor South 271 Collins Street Melbourne VIC 3000
PMWSCM	RBC Global Australia Nominees Pty Limited ACF: Perpetual Wholesale Smaller Co Fund Account Code: PWSCF. Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000

PMWSCS	RBC Global Australia Nominees Pty Limited ACF: Perpetual Wholesale Smaller Co Fund Account Code: PWSCF, Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PMREST	JP Morgan Chase Nominees Limited ACF: Retail Employers Superannuation Fund Account Code: PMREST. RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 200	JP Morgan Chase Nominees Locked Bag 7, Royal Exchange Sydney NSW 2000
AMCORP	National Nominees Ltd ACF: A.M. Corporation Account. Account Code: AMCORP RBC Global Services Australia Nominees Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 200	National Australia Custodian Services A/C ATPFAE 6822 - 16. 5th Floor South 271 Collins Street Melbourne VIC 3000
TEL	National Nominees Limited ACF: Telstra Superannuation Pty Limited Account Code: TEL RBC Global Services Australia Nominees Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 2000	National Australia Custodian Services A/C 3093-15 TSPPAE 5th Floor South 271 Collins Street Melbourne VIC 3000
PMFR	Westpac Custodian Nominees ACF: Frank Russell Investment Management Account Code: PMFR RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	Westpac Custodian Nominees State Street Fund BQ8D Level 9 / 50 Pitt Street Sydney NSW 2000
PMCPSF	Citicorp Nominees Pty Ltd EPSS03: Commonwealth Property Fund 3 Account Code: PMCPSF. RBC Global Services Australia Pty Ltd, Level 19/1 Castlereagh St. Sydney NSW 2000	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
PMCGSF	Citicorp Nominees Pty Ltd EASS11: Commonwealth Aust Shares Fund 11 Account Code: PMCGSF RBC Global Services Australia Pty Ltd Level 19/1 Castlereagh St. Sydney NSW 2000	Citicorp Nominees Pty Ltd GPO Box 764G, Melbourne VIC 3001
CBAISF	Citicorp Nominees Pty Ltd. EASS04: Commonwealth Aust Shares Fund 4. Account Code: CBAISF, RBC Global Services Australia Pty Ltd Level 19/1 Castlereagh St. Sydney NSW 2000	Citicorp Nominees Pty Ltd GPO Box 764G, Melbourne VIC 3001
PMWSRF	RBC Global Services Australia Nominees Pty Limited ACF Perpetual's Wholesale Ethical SRI Fund Account Code: PMWSRF Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000
PTGEN	Perpetual Trustee Services General A / C Account Code: PTGEN RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PTAL	Perpetual Trustees Australia Limited Account Code: PTAL RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000

PTQLD	Perpetual Trustee Queensland Limited Account Code: PTQLD RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PTCO	Perpetual Trustee Co. Limited Account Code: PTCO RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PTNM	P.T.A. Nominees Limited ATF: Perpetual Trustees Nominees Limited Account Code: PTNM RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PTVIC	Perpetual Trustee Victoria Limited Account Code: PTNM RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia, Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PNOM	Perpetual Nominees Pty Limited RBC Global Services Account Code: PNOM Australia Nominbees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PTAN	Perpetual Nominees Limited Account Code: RBC Global Services Australia PTAN Nominees Pty Limited, Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PML	Perpetual Management Limited Account Code: RBC Global Services Australia PML. Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
PTWA	Perpetual Trustee WA Limited Account Code: PTWA RBC Global Services Australia Nominees Pty Limited Level 19 / 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2000
Τ2	Perpetual Trustee Company Limited Private Client Division)	Perpetual Trustee Company Limited 39 Hunter Street, Sydney 2000
T3	Perpetual Trustees Victoria Limited	Perpetual Trustee Company Limited
T4	(Private Client Division) Perpetual Trustees Queensland Limited (Private Client Division)	39 Hunter Street, Sydney 2000 Perpetual Trustee Company Limited 39 Hunter Street, Sydney 2000
Τ6	Perpetual Trustees WA Limited	Perpetual Trustee Company Limited
	(Private Client Division) Perpetual Trustee Company Canberra Limited	39 Hunter Street, Sydney 2000 Perpetual Trustee Company Limited
Τ7	(Private Client Division)	39 Hunter Street, Sydney 2000
DIRECTOR	Perpetual Trustees Australia Limited, Directors Personal Holdings	Perpetual Trustee Company Limited 39 Hunter Street, Sydney 2000

PRESENT RELEVANT INTERESTS

Summary (Perpetual Trustees) 22
File
MPR (MACQ PROLOGIS TRUST)		Portfolios
Faralo	Fund	Holdings
MOORP	PМ	195,912
ARF هي	PМ	580.728
GSF هم	PМ	1,889,771
$\mathscr{U}$ ICAS	PM.	234,286
$\mathscr{A}$ ICIS	PM	860.373
$\mathscr{V}$ ICSC	PM.	2,912,531
M NSWTC	PM	415.942
PPSF مھوٹا	PМ	4,084,949
n⁄ SMF	PМ	92,848
$\mathbb{Z}$ TEL	PМ	263.737
MCGSF	PM	192,203
₩ PMCPSF	PM.	165,000
PMISFJ محمدة	PМ	5,566,112
MWSCM	PМ	3,113,549

参 Summary (Perpetual Trustees)
HB
MPR (MACQ PROLOGIS TRUST)		Portfolios
Para lio	Fund	Holdings
$\nu'$ ICSC	PМ	2,912,531
i∕ NSWTC	PМ	415,942
PPSF م	PМ	4,084,949
SMF في محمد	PМ	92,848
M TEL س	PМ	263,737
⊮ PMCGSF	PМ	192,203
s PMCPSF™	PМ	165,000
s PMISFJ	PМ	5,566,112
৶ PMWSCM	PM	3,113,549
৶ PMWSCS	PM	5,650,561
CBAISF هن	PM	159,965
PIWGAF الفحق	PМ	11.513
PIWSPF العميد	PМ	11,610
PIMIT حم	PМ	4,650,893

CHANGES IN RELEVANT INTERESTS

AMCORP MPR 54820 \$ 1.24 67977 17-Jun-03 AMCORP MPR \$ 1.24 8782 10890 23-Jun-03 AMCORP \$ MPR 38201 47369 1.24 23-Jun-03 AMCORP 12808 \$ 1.22 MPR 15626 24-Jun-03 \$ AMCORP 1.22 MPR 14516 17710 24-Jun-03 \$ AMCORP MPR 80810 1.21 66785 25-Jun-03 \$ 162497 201496 1.24 ARF MPR 17-Jun-03 \$ 26030 1.24 ARF MPR 32277 23-Jun-03 \$ 1.24 ARF MPR 113229 140404 23-Jun-03 \$ ARF MPR 37970 46323 1.22 24-Jun-03 \$ ARF 43032 1.22 MPR 52499 24-Jun-03 \$ 1.21 ARF MPR 197970 239544 25-Jun-03 \$ 1.24 GSF 531254 MPR 658755 17-Jun-03 GSF \$ 1.24 MPR 84650 104966 23-Jun-03 \$ GSF MPR 368227 456601 1.24 23-Jun-03 \$ GSF MPR 131346 160242 1.22 24-Jun-03 GSF \$ MPR 148858 181607 1.22 24-Jun-03 GSF \$ MPR 625436 756778 1.21 25-Jun-03 \$ ICAS MPR 65440 81146 1.24 17-Jun-03 ICAS \$ 1.24 MPR 10604 13149 23-Jun-03 \$ ICAS MPR 46125 57195 1.24 23-Jun-03 \$ ICAS 19343 1.22 MPR 15855 24-Jun-03 \$ ICAS 21922 1.22 MPR 17969 24-Jun-03 \$ 1.21 ICAS MPR 78293 94735 25-Jun-03 \$ NSWTC MPR 116394 144329 1.24 17-Jun-03 \$ NSWTC 18642 1.24 MPR 23116 23-Jun-03 NSWTC 81094 \$ MPR 100557 1.24 23-Jun-03 \$ NSWTC MPR 33179 1.22 27196 24-Jun-03 1.22 NSWTC 30822 \$ MPR 37603 24-Jun-03 \$ 1.21 NSWTC 141794 171571 MPR 25-Jun-03 \$ PCEF MPR 0 0 16-Jun-03 \$ PIWGAF 2874 3564 MPR 1.24 17-Jun-03 \$ PIWGAF MPR 603 748 1.24 23-Jun-03 \$ PIWGAF 2624 1.24 MPR 3254 23-Jun-03 PIWGAF MPR 718 876 \$ 1.22 24-Jun-03 PIWGAF MPR 814 993 \$ 1.22 24-Jun-03 \$ PIWGAF 4695 1.21 MPR 3880 25-Jun-03 \$ PIWSPF MPR 3249 4029 1.24 17-Jun-03 \$ PIWSPF 520 645 1.24 23-Jun-03 MPR PIWSPF 2264 \$ MPR 2807 1.24 23-Jun-03 PIWSPF 927 \$ MPR 760 1.22 24-Jun-03 PIWSPF MPR 861 1050 \$ 1.22 24-Jun-03 PIWSPF MPR \$ 1.21 25-Jun-03 3956 4787	Account	Security	Quantity	Value	Price	DateAsAt
\$ PMCBUS MPR 0 0 16-Jun-03
PMCGSF \$ MPR 54241 67259 1.24 17-Jun-03
PMCGSF 8484 \$ 1.24 MPR 10520 23-Jun-03
PMCGSF \$ 45765 1.24 23-Jun-03 MPR 36907
PMCGSF \$ 12534 15291 1.22 24-Jun-03 MPR
PMCGSF \$ MPR 14205 17330 1.22 24-Jun-03
PMCGSF MPR 65832 \$, 1.21 25-Jun-03 79657

This is annexure 3 Page 1 of 3 referred to in Form 603

Title: Notice of initial substantial holder

Signature ____________________________________

CBAISF	MPR	33388	41401	\$	1.24	17-Jun-03
CBAISF	MPR	7931	9834	\$	1.24	23-Jun-03
CBAISF	MPR	34502	42782	\$	1.24	23-Jun-03
CBAISF	MPR	11842	14447	\$	1.22	24-Jun-03
CBAISF	MPR	13421	16374	\$	1.22	24-Jun-03
CBAISF	MPR	58881	71246	\$	1.21	25-Jun-03
CBAISF	MPR	0	0	\$		16-Jun-03
PMCPSF	MPR	320000	0	\$		16-Jun-03
PMCPSF	MPR	$-155000$	$-187550$	\$	1.21	25-Jun-03
PMHOST	MPR	0	0	\$		16-Jun-03
ICIS	MPR	0	0	\$		16-Jun-03
ICIS	MPR	180539	223868	\$	1.24	17-Jun-03
ICIS	MPR	42480	52675	\$	1.24	23-Jun-03
ICIS	MPR	184787	229136	\$	1.24	23-Jun-03
ICIS	MPR	63690	77702	\$	1.22	24-Jun-03
ICIS	MPR	72182	88062	\$	1.22	24-Jun-03
ICIS	MPR	316695	383201	\$	1.21	25-Jun-03
ICSC	MPR	1027392	0	\$	$\overline{a}$	16-Jun-03
ICSC	MPR	1885139	0	\$		16-Jun-03
PMISFJ	MPR	0	0	\$		16-Jun-03
PMISFJ	MPR	1169273	1449899	\$	1.24	17-Jun-03
PMISFJ	MPR	274590	340492	\$	1.24	23-Jun-03
PMISFJ	MPR	1194460	1481130	\$	1.24	23-Jun-03
PMISFJ	MPR	411968	502601	\$	1.22	24-Jun-03
PMISFJ	MPR	466897	569614	\$	1.22	24-Jun-03
PMISFJ	MPR	2048924	2479198	\$	1.21	25-Jun-03
PMSTA	MPR	0	0	\$	-	16-Jun-03
PMWSCM	MPR	3113549	0	\$		16-Jun-03
PMWSCS PPSF	MPR MPR	5650561 8134949	0 0	\$ \$	$\overline{a}$	16-Jun-03
PPSF	MPR	$-500000$	$-625000$	\$	1.25	16-Jun-03 20-Jun-03
PPSF	MPR	-3550000	-4402000	\$	1.24	23-Jun-03
SMF	MPR	22230	27565	\$	1.24	17-Jun-03
SMF	MPR	4863	6030	\$	1.24	23-Jun-03
SMF	MPR	21156	26233	\$	1.24	23-Jun-03
SMF	MPR	6070	7405	\$	1.22	24-Jun-03
SMF	MPR	6880	8394	\$	1.22	24-Jun-03
SMF	MPR	31649	38295	\$	1.21	25-Jun-03
TEL	MPR	73801	91513	\$	1.24	17-Jun-03
TEL	MPR	11821	14658	\$	1.24	23-Jun-03
TEL	MPR	51424	63766	\$	1.24	23-Jun-03
TEL	MPR	17243	21036	\$	1.22	24-Jun-03
TEL	MPR	19543	23842	\$	1.22	24-Jun-03
TEL	MPR	89905	108785	\$	1.21	25-Jun-03

This is annexure 3 Page 2 of 3 referred to in Form 603
Title: Notice of initial substantial holder

Signature ____________________________________