Perpetual Limited — Major Shareholding Notification 2004

Dec 12, 2004

		0NZ_Sub_Notice.xls
--	--	--------------------

8

9

		SCHEDULE		Regs. 4, 18, 19
		Forms
		Form 1		Reg. 4
		Securities Amendment Act 1988)
	Substantial Security Holder Notice
	Tick the appropriate box(es)
	Notice that a person has become a		✓	Notice that a person has ceased to be
	substantial security holder			a substantial security holder
	(section 20 (3) )			(section 21 (3))
	Notice of a change in the number of			Notice of a change in the nature of
	voting securities in which a substantial
				relevant interest held by a substantial
	security holder has a relevant interest			security holder
	$\left\langle \text{section 21 (1)} \right\rangle$			(section 22)
1	TELECOM CORPORATION OF NEW ZEALAND LIMITED
	Name of public issuerPERPETUAL TRUSTEES AUSTRALIA
	Name of substantial security holderPO BOX 4171, SYDNEY 2000
	Address of substantial security holder
	JOANNE HAWKINS			612 9229 3162
	Contact name for queries			Teiephone number
	96,935,189	1,943,414,213		4.99%
	Total number of voting securities	Total number of voting securities		Total percentage
	of the public issuer in which interest	issued by public issuer
	is held
	ORDINARY			96,935,189
	Class of voting securities			Number of votes attached to each
				voting security in that class
3	Beneficial Relevant Interests			Non-Beneficial Relevant Interests
	N/A			96,935,189
	Number of voting securities of the class			Number of voting securities of the
	in which a beneficial relevant interest			class in which a non-beneficial
	is held			relevant interest is held.
	N/A			4.99%
	Percentage held at date of THIS notice			Percentage held at date of THIS notice
	N/A			5.00%
	Percentage held at date of LAST			Percentage held at date of LAST
	notice (if any)			notice (if any)
4	Details of each relevant interest			Details of each relevant interest
5	N/A			IREFER TO ANNEXURES
	Name(s) of registered holder(s)			Name(s) of registered holder(s)
6	N/A
7	Date(s) of transaction(s)			Provision(s) of section 5
				REFER TO ANNEXURES
				Date(s) of transaction(s)
	N/A			REFER TO ANNEXURES
	Number of voting securities			Number of voting securities
	N/A
	Consideration (expressed in NZ$)			Consideration (expressed in NZ$)

	Description of nature of transaction(s), including the name(s) of any other party to the transaction(s)
(if known)
	Relevant documentation - forms part of this notice
	is not required to be filed
	has already been filed with the notice dated

Number of pages that accompany this notice (if any) Date of last notice (if any)

Name(s) of any other person(s) who is (are) believed to have given, or intending to give, a substantial security holder notice in relation to the securities to which this notice relates.

I declare that to the best of my knowledge and belief the information contained in this notice is correct and that I am duly authorised to give this notice.

Full name

10/12/2004 $\overline{$ Date

Signature (unless filed by electonic means other than facimile

Perpetual Investments Account Codes & Details

INTERNAL CODE	ACCOUNT DETAILS	REGISTRATION DETAILS
PIHEST	RBC Global Services Australia Nominees PtyLimited ACF: HEST Australia LimitedAccountCode: PIHESTGPO Box 5424 Sydney NSW 2001	JP Morgan Chase NomineesLocked Bag 7, Royal Exchange SydneyNSW 2000
PMISF1	RBC Global Services Australia Nominees PtyLimited ACF: Perpetual's Industrial Share FundAccount Code: PIISF1GPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
PMISF 2	RBC Global Services Australia Nominees PtyLimited ACF: Perpetual's Industrial Share FundAccount Code: PIISF2GPO Box 5424 Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
PMISFJ	RBC Global Services Australia Nominees PtyLimited ACF: Perpetual's Industrial Share FundAccount Code: PIISFJGPO Box 5424 Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
NSWTC	Cogent Nominees Pty Ltd ACF NSW TreasuryCorporation. Account Code: PINSWTRBC Global Services Australia Nominees PtyLimited GPO Box 5424 Sydney NSW 2001	Cogent Nominees Pty Limited P.O. BoxR209, Royal Exchange, Sydney NSW1225
ARF	JP Morgan Chase Nominees Ltd ACF:Australian Retirement Fund, Account Code:PIARF. RBC Global Services AustraliaNominees Pty Limited GPO Box 5424 SydneyNSW 2001	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
PIACT	JP Morgan Chase Nominees Ltd ACF:Australian Capital Territory Treasury. AccountCode: PIACT RBC Global Services AustraliaNominees Pty Limited GPO Box 5424 SydneyNSW 2001	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
PIFIJI	National Nominees Limited ACF: Fiji NationalProvident Fund Account Code: PIFIJI, RBCGlobal Services Australia Nominees Pty LtdGPO Box 5424 Sydney NSW 2001	National Australia Custodian Services A/CFNPEAE. 5th Floor South 271 CollinsStreet Melbourne VIC 3000
SMF	Permanent Trustee Australia Ltd ACF: SMFFunds Management <smf 0013=""> AccountCode: PISMF. RBC Global Services AustraliaPty Limited GPO Box 5424 Sydney NSW 2001	Permanent Trustee Australia Ltd<smf 0013=""> GPO Box 4270 SydneyNSW 2000
GSF	RBC Global Services Australia Nominees PtyLimited. ACF: Perpetual Australia Share Fund.Account Code: PIGSF GPO Box 5424 SydneyNSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
PMSCA	RBC Global Services Australia Nominees PtyLimited ATF: Perpetual's Smaller CompaniesAnalyst Fund Account Code: PISCA. GPO Box5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001

PMCBUS	National Nominees Ltd ACF: Construction &Building Union Superannuation Fund AccountCode: PICBUS, RBC Global Services AustraliaNominees Pty Limited. GPO Box 5424 SydneyNSW 2001	National Australia Custodian Services5th Floor South, 271 Collins StreetMelbourne VIC 3000
PPSF	RBC Global Services Australia Nominees PtyLimited ATF: Perpetual Property SecuritiesFund Account Code: PIPSF, GPO Box 5424Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
ICIS	RBC Global Australia Nominees Pty LimitedACF: Perpetual Investor Choice Industrial AssetGroup Account Code: PISIND GPO Box 5424Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424Sydney NSW 2001
ICAS	RBC Global Services Australia Nominess PtyLimited. ACF: Perpetual Investor ChoiceAustralian Asset Group. Account Code: PIICASGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424Sydney NSW 2001
ICSC	RBC Global Services Australia Nominees PtyLimited. ACF: Perpetual Investor ChoiceSmaller Asset Group Account Code: PISSCF.GPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424Sydney NSW 2001
PMHOST	JP Morgan Chase Nominees LimitedACF: Host - Plus Pty Ltd Accoutn Code:PIHOST. RBC Global Services AustraliaNominees Pty Limited, GPO Box 5424 SydneyNSW 2001	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
ALL 'PC' CODES	RBC Global Services Australia Nominees PtyLimited GPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424 Sydney NSW2001
ALL 'SS' CODES	RBC Global Services Australia Nominees PtyLimited GPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424 Sydney NSW2001 - 100 100 100 100 100 100 100 100 10
PMONE	National Nominees Limited ACF: OneSteelSuperannuation Fund Account Code: PIONE,RBC Global Services Australia Nominees PtyLimited GPO Box 5424 Sydney NSW 2001	National Australia Custodian ServicesOneSteel Superannuation FundOSPEAE / 6571-17 5th Floor South271 Collins Street Melbourne VIC 3000
PCEF	RBC Global Services Australia Nominees PtyLimited, Account Code: PICEF GPO Box 5424Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
QITE2	RBC Global Services Australia Nominees PtyLimited AFT: Quantitative Investments TE 2Equity Fund. Account Code: PIQTE2 GPO Box5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001

PIMIT	Guardian TrustAustralia Ltd ACF: PerpetualJames Fielding Meridian Investment TrustAccount code PIMIT. RBC Global ServicesAustralia Nominees Pty Ltd GPO Box 5424Sydney NSW 2001	Guardian Trust Australia Ltd <meridianA/C> GPO Box 469 Sydney NSW 2001</meridian
PIWGAF	UBS Nominee Pty Ltd ACF: PerpetualWholesale Geared Australian Share FundAccount code PIWGAS, RBC Global ServicesAustralia Nominees Pty Ltd GPO Box 5424Sydney NSW 2001	UBS Nominee Pty Ltd <prime broking<br="">A/C> Level 25, 1 Farrer Place GovenorPhillip Tower Sydney NSW 2000
PIWSPF	UBS Nominee Pty Ltd ACF: PerpetualWholesale Share Plus Fund Account codePIWSPF, RBC Global Services AustraliaNominees Pty Ltd GPO Box 5424 Sydney NSW2001	UBS Nominee Pty Ltd <prime broking<br="">A/C> Level 25, 1 Farrer Place GovenorPhillip Tower Sydney NSW 2000
PMSTA	National Nominees Limited ACF: Super Trust ofAustralia Account Code: PISTA. RBC GlobalServices Australia Nominees Pty Limited GPOBox 5424 Sydney NSW 2001	National Australia Custodian Services5th Floor South 271 Collins StreetMelbourne VIC 3000
PMWSCM	RBC Global Australia Nominees Pty LimitedACF: Perpetual Wholesale Smaller Co FundAccount Code: PIWSCF, GPO Box 5424Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
PMWSCS	RBC Global Australia Nominees Pty LimitedACF: Perpetual Wholesale Smaller Co FundAccount Code: PIWSCF, GPO Box 5424Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
AMCORP	National Nominees Ltd ACF: IOOF Account.Account Code: PIAMC RBC Global ServicesAustralia Nominees Pty Limited GPO Box 5424Sydney NSW 2001	National Australia Custodian ServicesA/C ATPFAE 6822 - 16. 5th Floor South271 Collins Street Melbourne VIC 3000
TEL	National Nominees Limited ACF: TelstraSuperannuation Pty Limited Account Code:PITEL RBC Global Services AustraliaNominees Pty Limited GPO Box 5424 SydneyNSW 2001	National Australia Custodian ServicesA/C 3093-15 TSPPAE 5th Floor South271 Collins Street Melbourne VIC 3000
PMFR	Westpac Custodian NomineesACF: Frank Russell Investment ManagementAccount Code: PIMFR RBC Global ServicesAustralia Nominees Pty Limited GPO Box 5424Sydney NSW 2001	Westpac Custodian NomineesState Street Fund BQ8D Level 9 / 50 PittStreet Sydney NSW 2000
PMCPSF	Citicorp Nominees Pty Ltd ACF:CommonwealthProperty Fund 3 Account Code: PICPSF. RBCGlobal Services Australia Pty Ltd, GPO Box5424 Sydney NSW 2001	Citicorp Nominees Pty Ltd A/C EPSS03GPO Box 764G Melbourne VIC 3001
PMCGSF	Citicorp Nominees Pty Ltd ACF: CommonwealthAust Shares Fund 11 Account Code: PICGSFRBC Global Services Australia Pty Ltd GPOBox 5424 Sydney NSW 2001	Citicorp Nominees Pty Ltd A/C EASS11GPO Box 764G, Melbourne VIC 3001

CBAISF	Citicorp Nominees Pty Ltd. ACF:Commonwealth Aust Shares Fund 4. AccountCode:PICISF, RBC Global Services AustraliaPty Ltd GPO Box 5424 Sydney NSW 2001	Citicorp Nominees Pty Ltd A/C EASS04GPO Box 764G, Melbourne VIC 3001
PMWSRF	RBC Global Services Australia Nominess PtyLimited. ACF: Perpetual Wholesael Ethical FundAccount Code: PIWSRF GPO Box 5424 SydneyNSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
PWSCF	RBC Global Services Australia Nominess PtyLimited. ACF: Perpetual Wholesale Smaller CoFund Account Code: PIWSCF GPO Box 5424Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box5424 Sydney NSW 2001
PTGEN	Perpetual Trustee Services General A / CAccount Code: PTPGEN RBC Global ServicesAustralia Nominees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424,Sydney NSW 2001
PTAL	Perpetual Trustees Australia LimitedAccount Code: PTALRBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTOLD	Perpetual Trustee Queensland LimitedAccount Code: PTOLD RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTCO	Perpetual Trustee Co. LimitedAccount Code: PTPCO RBC Global ServicesAustralia Nominees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424,Sydney NSW 2001
PTNM	P.T.A. Nominees Limited ATF: PerpetualTrustees Nominees LimitedAccount Code: PTPNM RBC Global ServicesAustralia Nominees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424Sydney NSW 2001
PTVIC	Perpetual Trustee Victoria LimitedAccount Code: PTNM RBC Global ServicesAustralia Nominees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424,Sydney NSW 2001
PNOM	Perpetual Nominees Pty LimitedAccount Code: PTPNOM RBC Global ServicesAustralia Nominbees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424,Sydney NSW 2001
PTAN	Perpetual Nominees Limited Account Code:PTPAN RBC Global Services AustraliaNominees Pty Limited, GPO Box 5424 SydneyNSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424,Sydney NSW 2001

PML	Perpetual Management Limited Account Code:PTPML RBC Global Services AustraliaNominees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424,Sydney NSW 2001
PTWA	Perpetual Trustee WA LimitedAccount Code: PTPWA RBC Global ServicesAustralia Nominees Pty LimitedGPO Box 5424 Sydney NSW 2001	RBC Global Services Australia NomineesPty Limited GPO Box 5424.Sydney NSW 2001
Τ2	Perpetual Trustee Company LimitedPrivate Client Division )	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
Т3	Perpetual Trustees Victoria LimitedPrivate Client Division )	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
T4	Perpetual Trustees Queensland LimitedPrivate Client Division )	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
Τ6	Perpetual Trustees WA LimitedPrivate Client Division )	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
T7	Perpetual Trustee Company Canberra Limited(Private Client Division)	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
DIRECTOR	Perpetual Trustees Australia Limited,Directors Personal Holdings	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000

CHANGES IN RELEVANT INTERESTS

Account	Security		Volume		Value	Price	AsAtDate
SSCCM	TEL		30,396		162,087	$5.33	17/11/2004
PCCCM	TEL		23,810		126,967	$5.33	17/11/2004
ICIS	TEL		5,403		28,663	$5.31	17/11/2004
ICIS	TEL		10,806		57,358	$5.31	17/11/2004
ICIS	TEL		8,078		43,379	$5.37	18/11/2004
ICIS	TEL		8,077		43,449	$5.38	18/11/2004
ICIS	TEL		6,391		34,882	$5.46	19/11/2004
ICIS	TEL		6,391		35,011	$5.48	19/11/2004
ICIS	TEL		9,191		51,906	$5.65	01/12/2004
ICIS	TEL		27,572	$\overline{a}$	155,506	$5.64	01/12/2004
ICIS	TEL		24,856	$\overline{\phantom{a}}$	141,475	$5.69	09/12/2004
PMISFJ	TEL		79,581		422,416	$5.31	17/11/2004
PMISFJ	TEL		39,791		211,091	$5.31	17/11/2004
PMISFJ	TEL		46,510		249,759	$5.37	18/11/2004
PMISFJ	TEL		46,524		250,267	$5.38	18/11/2004
PMISFJ	TEL		39,535		216,581	$5.48	19/11/2004
PMISFJ	TEL		39,535		215,782	$5.46	19/11/2004
PMISFJ	TEL		63,758	$\overline{a}$	360,073	$5.65	01/12/2004
PMISFJ	TEL		191,284	$\overline{a}$	1,078,842	$5.64	01/12/2004
PMISFJ	TEL		122,104		694,992	$5.69	09/12/2004
CBAISF	TEL		8,129		43,149	$5.31	17/11/2004
CBAISF	TEL		4,064		21,560	$5.31	17/11/2004
CBAISF	TEL		4,074		21,915	$5.38	18/11/2004
CBAISF	TEL		4,074		21,877	$5.37	18/11/2004
CBAISF	TEL		2,649		14,512	$5.48	19/11/2004
CBAISF	TEL		2,649		14,458	$5.46	19/11/2004
PMWSRF	TEL		399		2,118	$5.31	17/11/2004
PMWSRF	TEL		200		1,061	$5.31	17/11/2004
PMWSRF	TEL		27		145	$5.38	18/11/2004
PMWSRF	TEL		28		150	$5.37	18/11/2004
PMWSRF	TEL		20,000		109,384	$5.47	19/11/2004
PMWSRF	TEL		27,574		148,348	$5.38	19/11/2004
PMWSRF	TEL		20,000		107,000	$5.35	24/11/2004
PMWSRF	TEL		25,000		134,640	$5.39	24/11/2004
PMWSRF	TEL		24,000		132,792	$5.53	30/11/2004
PMWSRF	TEL	-	599 -		3,383	$5.65	01/12/2004
PMWSRF	TEL		1,797	$\overline{a}$	10,135	$5.64	01/12/2004
PMWSRF	TEL		2,354	$\overline{a}$	13,399	$5.69	09/12/2004
PMCBUS	TEL		14,183		75,283	$5.31	17/11/2004
PMCBUS	TEL		7,092		37,623	$5.31	17/11/2004
PMCBUS	TEL		8,277		44,447	$5.37	18/11/2004
PMCBUS	TEL		8,276		44,519	$5.38	18/11/2004
PMCBUS	TEL		7,230		39,607	$5.48	19/11/2004
PMCBUS	TEL		7,231		39,467	$5.46	19/11/2004
PMCBUS	TEL		17,493	$\overline{\phantom{a}}$	98,792	$5.65	01/12/2004
PMCBUS	TEL		52,480	$\overline{\phantom{a}}$	295,987	$5.64	01/12/2004
PMCBUS	TEL		$38,603 -$		219,721	$5.69	09/12/2004
PMHOST	TEL		4,616		24,502	$5.31	17/11/2004
PMHOST	TEL		2,308		12,244	$5.31	17/11/2004

PMHOST	TEL		2,737		14,723	$5.38	18/11/2004
PMHOST	TEL		2,737		14,698	$5.37	18/11/2004
PMHOST	TEL		2,484		13,608	$5.48	19/11/2004
PMHOST	TEL		2,484		13,558	$5.46	19/11/2004
PMHOST	TEL		$8,060 -$		45,519	$5.65	01/12/2004
PMHOST	TEL		24,178	$\overline{a}$	136,364	$5.64	01/12/2004
PMHOST	TEL		13,131		74,739	$5.69	09/12/2004
PMSTA	TEL		11,951		63,400	$5.31	17/11/2004
PMSTA	TEL		23,903		126,877	$5.31	17/11/2004
PMSTA	TEL		13,672		73,546	$5.38	18/11/2004
PMSTA	TEL		13,673		73,424	$5.37	18/11/2004
PMSTA	TEL		7,108		38,795	$5.46	19/11/2004
PMSTA	TEL		7,107		38,934	$5.48	19/11/2004
PMSTA	TEL		25,843	$\overline{\phantom{a}}$	145,948	$5.65	01/12/2004
PMSTA	TEL		77,528	$\overline{a}$	437,258	$5.64	01/12/2004
PMSTA	TEL		36,647		208,587	$5.69	09/12/2004
PCEF	TEL		22,625		120,094	$5.31	17/11/2004
PCEF	TEL		11,312		60,010	$5.31	17/11/2004
PCEF	TEL		15,103		81,103	$5.37	18/11/2004
PCEF	TEL		15,103		81,244	$5.38	18/11/2004
PCEF	TEL		10,012		54,848	$5.48	19/11/2004
PCEF	TEL		10,012		54,646	$5.46	19/11/2004
PCEF	TEL		116,757		625,818	$5.36	23/11/2004
PCEF	TEL		8,289		47,179	$5.69	09/12/2004
CBAISF	TEL		17,557		93,798	$5.34	16/11/2004
CBAISF	TEL		10,705		56,822	$5.31	17/11/2004
CBAISF	TEL		5,352		28,392	$5.31	17/11/2004
CBAISF	TEL		5,257		28,799	$5.48	19/11/2004
CBAISF	TEL		5,257		28,693	$5.46	19/11/2004
CBAISF	TEL		20,000		111,000	$5.55	30/11/2004
CBAISF	TEL		10,590	$\overline{\phantom{a}}$	59,463	$5.62	01/12/2004
CBAISF	TEL		7,904	$\overline{a}$	45,006	$5.69	02/12/2004
CBAISF	TEL		11,265	$\overline{\phantom{a}}$	63,633	$5.65	03/12/2004
CBAISF	TEL		3,243		18,459	$5.69	09/12/2004
ICIS	TEL		27,817		148,612	$5.34	16/11/2004
ICIS	TEL		8,763		46,488	$5.31	17/11/2004
ICIS	TEL		17,525		93,023	$5.31	17/11/2004
ICIS	TEL		11,184		61,042	$5.46	19/11/2004
ICIS	TEL		11,184		61,268	$5.48	19/11/2004
ICIS	TEL		$22,645 -$		127,152	$5.62	01/12/2004
ICIS	TEL	÷	$23,417 -$		133,339	$5.69	02/12/2004
ICIS	TEL		$27,837 -$		157,243	$5.65	03/12/2004
ICIS	TEL		28,698 -		163,343	$5.69	09/12/2004
AMCORP	TEL		10,404		55,224	$5.31	17/11/2004
AMCORP	TEL		5,202		27,597	$5.31	17/11/2004
AMCORP	TEL		3,024		16,267	$5.38	18/11/2004
AMCORP	TEL		3,025		16,244	$5.37	18/11/2004
AMCORP	TEL		2,549		13,964	$5.48	19/11/2004
AMCORP	TEL		2,549		13,912	$5.46	19/11/2004
AMCORP	TEL		$17,455 -$		93,559	$5.36	24/11/2004
AMCORP	TEL		$3,209 -$		18,123	$5.65	01/12/2004
AMCORP	TEL		$9,628 -$		54,302	$5.64	01/12/2004
AMCORP	TEL		$8,676 -$		49,382	$5.69	09/12/2004

ARF	TEL	19,339	102,651	$5.31	17/11/2004
ARF	TEL	9,670	51,299	$5.31	17/11/2004
ARF	TEL	11,856	63,667	$5.37	18/11/2004
ARF	TEL	11,855	63,772	$5.38	18/11/2004
ARF	TEL	10,007	54,820	$5.48	19/11/2004
ARF	TEL	10,007	54,618	$5.46	19/11/2004
ARF	TEL	79,739 -	449,728	$5.64	01/12/2004
ARF	TEL	26,580$\overline{\phantom{a}}$	150,111	$5.65	01/12/2004
ARF	TEL	$32,316 -$	183,936	$5.69	09/12/2004
ICAS	TEL	10,261	54,465	$5.31	17/11/2004
ICAS	TEL	5,130	27,215	$5.31	17/11/2004
ICAS	TEL	5,760	30,931	$5.37	18/11/2004
ICAS	TEL	5,759	30,979	$5.38	18/11/2004
ICAS	TEL	4,188	22,943	$5.48	19/11/2004
ICAS	TEL	4,188	22,858	$5.46	19/11/2004
ICAS	TEL	7,001$\overline{a}$	39,538	$5.65	01/12/2004
ICAS	TEL	21,002$\overline{a}$	118,451	$5.64	01/12/2004
ICAS	TEL	14,506 -	82,565	$5.69	09/12/2004
NSWTC	TEL	5,605	29,735	$5.31	17/11/2004
NSWTC	TEL	11,210	59,503	$5.31	17/11/2004
NSWTC	TEL	6,827	36,724	$5.38	18/11/2004
NSWTC	TEL	6,827	36,661	$5.37	18/11/2004
NSWTC	TEL	5,761	31,444	$5.46	19/11/2004
NSWTC	TEL	5,760	31,554	$5.48	19/11/2004
NSWTC	TEL	$10,159 -$	57,373	$5.65	01/12/2004
	TEL			$5.64
NSWTC		30,477$\overline{a}$	171,890		01/12/2004
NSWTC	TEL	19,908 -	113,312	$5.69	09/12/2004
PMCGSF	TEL	6,489	34,444	$5.31	17/11/2004
PMCGSF	TEL	3,245	17,215	$5.31	17/11/2004
PMCGSF	TEL	3,529	18,984	$5.38	18/11/2004
PMCGSF	TEL	3,530	18,956	$5.37	18/11/2004
PMCGSF	TEL	2,969	16,265	$5.48	19/11/2004
PMCGSF	TEL	2,969	16,205	$5.46	19/11/2004
PMCGSF	TEL	3,194$\overline{a}$	18,038	$5.65	01/12/2004
PMCGSF	TEL	9,583	54,048	$5.64	01/12/2004
PMCGSF	TEL	10,295$\overline{\phantom{a}}$	58,597	$5.69	09/12/2004
SMF	TEL	2,649	14,061	$5.31	17/11/2004
SMF	TEL	1,325	7,029	$5.31	17/11/2004
SMF	TEL	1,621	8,705	$5.37	18/11/2004
SMF	TEL	1,620	8,714	$5.38	18/11/2004
SMF	TEL	1,369	7,472	$5.46	19/11/2004
SMF	TEL	1,368	7,494	$5.48	19/11/2004
SMF	TEL	7,662 -	43,214	$5.64	01/12/2004
SMF	TEL	2,554$\overline{\phantom{a}}$	14,424	$5.65	01/12/2004
SMF	TEL	4,686 -	26,672	$5.69	09/12/2004
TEL	TEL	17,245	91,536	$5.31	17/11/2004
TEL	TEL	8,622	45,740	$5.31	17/11/2004
TEL	TEL	10,357	55,617	$5.37	18/11/2004
TEL	TEL	10,357	55,713	$5.38	18/11/2004
TEL	TEL	8,753	47,951	$5.48	19/11/2004
TEL	TEL	8,753	47,774	$5.46	19/11/2004
TEL	TEL	46,248 -	260,839	$5.64	01/12/2004
TEL	TEL	$15,416 -$	87,062	$5.65	01/12/2004

TEL	TEL	30,100	$\sim$	171,323	$5.69	09/12/2004
GSF	TEL	55,394		294,031	$5.31	17/11/2004
GSF	TEL	27,697		146,933	$5.31	17/11/2004
GSF	TEL	36,981		198,588	$5.37	18/11/2004
GSF	TEL	36,981		198,932	$5.38	18/11/2004
GSF	TEL	29,314		160,588	$5.48	19/11/2004
GSF	TEL	29,315		160,001	$5.46	19/11/2004
GSF	TEL	$112,417 -$		634,032	$5.64	01/12/2004
GSF	TEL	37,473	$\overline{\phantom{a}}$	211,629	$5.65	01/12/2004
GSF	TEL	83,172 -		473,398	$5.69	09/12/2004
PMISF1	TEL	182,599		975,535	$5.34	16/11/2004
PMISF1	TEL	123,455		655,299	$5.31	17/11/2004
PMISF1	TEL	61,727		327,462	$5.31	17/11/2004
PMISF1	TEL	74,509		406,670	$5.46	19/11/2004
PMISF1	TEL	74,518		408,225	$5.48	19/11/2004
PMISF1	TEL	193,106 -		1,084,290	$5.62	01/12/2004
PMISF1	TEL	150,751	$\overline{a}$	858,391	$5.69	02/12/2004
PMISF1	TEL	188,889	$\overline{a}$	1,066,977	$5.65	03/12/2004
PMISF1	TEL	150,472 -		856,457	$5.69	09/12/2004
PIWGAF	TEL	7,359		39,062	$5.31	17/11/2004
PIWGAF	TEL	3,680		19,522	$5.31	17/11/2004
PIWGAF	TEL	4,735		25,471	$5.38	18/11/2004
					$
PIWGAF	TEL	4,735		25,427	5.37	18/11/2004
PIWGAF	TEL	48,335		264,315	$5.47	19/11/2004
PIWGAF	TEL	176 -		994	$5.65	01/12/2004
PIWGAF	TEL	528	$\overline{\phantom{a}}$	2,978	$5.64	01/12/2004
PIWGAF	TEL	101,662		566,217	$5.57	08/12/2004
PIWGAF	TEL	$6,065 -$		34,521	$5.69	09/12/2004
PIWSPF	TEL	1,031		5,473	$5.31	17/11/2004
PIWSPF	TEL	515		2,732	$5.31	17/11/2004
PIWSPF	TEL	636		3,421	$5.38	18/11/2004
PIWSPF	TEL	637		3,421	$5.37	18/11/2004
PIWSPF	TEL	72	$\overline{\phantom{a}}$	407	$5.65	01/12/2004
PIWSPF	TEL	215	$\overline{a}$	1,213	$5.64	01/12/2004
PIACT	TEL	15,000	$\overline{a}$	80,142	$5.34	16/11/2004
PIACT	TEL	12,600	$\overline{a}$	67,253	$5.34	17/11/2004
PIACT	TEL	2,107		11,178	$5.31	17/11/2004
PIACT	TEL	4,213		22,363	$5.31	17/11/2004
PIACT	TEL	2,171		11,678	$5.38	18/11/2004
PIACT	TEL	2,172		11,664	$5.37	18/11/2004
PIACT	TEL	1,860		10,189	$5.48	19/11/2004
PIACT	TEL	1,860		10,152	$5.46	19/11/2004
PIACT	TEL	$23,130 -$		128,603	$5.56	30/11/2004
PIACT	TEL	$1,391 -$		7,917	$5.69	09/12/2004
PIFIJI	TEL	1,553		8,243	$5.31	17/11/2004
PIFIJI	TEL	776		4,117	$5.31	17/11/2004
PIFIJI	TEL	646		3,475	$5.38	18/11/2004
PIFIJI	TEL	647		3,474	$5.37	18/11/2004
PIFIJI	TEL	654		3,583	$5.48	19/11/2004
PIFIJI	TEL	655		3,575	$5.46	19/11/2004
PIFIJI	TEL	$3,203 -$		18,065	$5.64	01/12/2004
PIFIJI	TEL	$1,068 -$		6,032	$5.65	01/12/2004
PIFIJI	TEL	$2,922 -$		16,631	$5.69	09/12/2004

SSCEF	TEL		1,124		5,963	$5.31	17/11/2004
SSCEF	TEL		2,248		11,932	$5.31	17/11/2004
SSCEF	TEL		1,563		8,408	$5.38	18/11/2004
SSCEF	TEL		1,564		8,399	$5.37	18/11/2004
SSCEF	TEL		1,258		6,866	$5.46	19/11/2004
SSCEF	TEL		1,257		6,886	$5.48	19/11/2004
SSCEF	TEL		15,915		88,487	$5.56	30/11/2004
SSCEF	TEL		929		5,288	$5.69	09/12/2004
PIHEST	TEL		9,569		50,792	$5.31	17/11/2004
PIHEST	TEL		4,785		25,384	$5.31	17/11/2004
PIHEST	TEL		5,225		28,058	$5.37	18/11/2004
PIHEST	TEL		5,225		28,107	$5.38	18/11/2004
PIHEST	TEL		4,852		26,580	$5.48	19/11/2004
PIHEST	TEL		4,853		26,488	$5.46	19/11/2004
PIHEST	TEL		11,105	$\blacksquare$	62,715	$5.65	01/12/2004
PIHEST	TEL		33,313		187,885	$5.64	01/12/2004
PIHEST	TEL		25,224		143,570	$5.69	09/12/2004
QITE2	TEL		25,000		141,500	$5.66	02/12/2004
QITE2	TEL		26,000	$\blacksquare$	146,640	$5.64	03/12/2004
PCCEF	TEL		988		5,241	$5.31	17/11/2004
PCCEF	TEL		1,976		10,489	$5.31	17/11/2004
PCCEF	TEL		1,251		6,730	$5.38	18/11/2004
PCCEF	TEL		1,251		6,718	$5.37	18/11/2004
PCCEF	TEL		1,057		5,790	$5.48	19/11/2004
PCCEF	TEL		1,057		5,769	$5.46	19/11/2004
PCCEF	TEL		13,355		74,254	$5.56	30/11/2004
PCCEF	TEL		786		4,474	$5.69	09/12/2004
PIEFM6	TEL		8,151		43,266	$5.31	17/11/2004
PIEFM6	TEL		4,075		21,618	$5.31	17/11/2004
PIEFM6	TEL		5,331		28,677	$5.38	18/11/2004
PIEFM6	TEL		5,332		28,633	$5.37	18/11/2004
PIEFM6	TEL		30,000	$\overline{\phantom{a}}$	162,000	$5.40	22/11/2004
PIEFM6	TEL		7,049	$\overline{\phantom{a}}$	39,809	$5.65	01/12/2004
PIEFM6	TEL		21,146	$\overline{\phantom{a}}$	119,263	$5.64	01/12/2004
PIEFM6	TEL		13,040		74,221	$5.69	09/12/2004
PIEFM6	TEL		22,027		117,679	$5.34	16/11/2004
PIEFM6	TEL		14,982		79,524	$5.31	17/11/2004
PIEFM6	TEL		7,491		39,740	$5.31	17/11/2004
PIEFM6	TEL		9,045		49,550	$5.48	19/11/2004
PIEFM6	TEL		9,046		49,373	$5.46	19/11/2004
PIEFM6	TEL		47,000 -		253,800	$5.40	22/11/2004
PIEFM6	TEL		23,659	$\sim$	132,845	$5.62	01/12/2004
PIEFM6	TEL		17,928 -		102,084	$5.69	02/12/2004
PIEFM6	TEL		22,009 -		124,322	$5.65	03/12/2004
PIEFM6	TEL	÷	$17,587 -$		100,102	$5.69	09/12/2004
PIEFM6	TEL	÷	25,000	$\blacksquare$	135,000	$5.40	22/11/2004