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Perpetual Limited Major Shareholding Notification 2005

May 25, 2005

10538_rns_2005-05-25_4f2e5d4b-534a-434a-9376-2196ed4fd994.pdf

Major Shareholding Notification

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Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme JUST GROUP LIMITED ABN 096 911 410 1. Details of substantial holder (1) PERPETUAL TRUSTEES AUSTRALIA LIMITED Name 000 431 827

The holder became a substantial holder on $-25$ / 05 / 2005

2. Details of voting power

ACN (if applicable)

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 11,326,791 11,326,791 5.20%

3. Details of relevant interests

The nature of the refevant 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 annexure1 & 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

ASST. COMPANY SECRETARY

Perpetual Investments Account Codes & Details

Perpetual Investments Management Limited (PIML) as Responsible Entity for:

INTERNAL CODE ACCOUNT DETAILS REGISTRATION DETAILS
ALL 'PC' CODES RBC Global Services Australia Nominees Pty Limited
ACF: PIML (Select Investments)
RBC Globabi Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
ACF: PIML (Select Investments)
GPO Box 5424 Sydney NSW 2001
GSF RBC Global Services Australia Nominees Pty Limited
ACF: Perpetual Australia Share Fund
Account Code: PIGSF
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
ICAS RBC Global Services Australia Nominess Pty Limited
ACF: Perpetual Investor Choice Australian Asset Group
Account Code: PIICAS
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
ICIS RBC Global Australia Nominees Pty Limited
ACF: Perpetual Investor Choice Industrial Asset Group
Account Code: PISIND
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
ICSC RBC Global Services Australia Nominees Pty Limited
ACF: Perpetual Investor Choice Smaller Asset Group
Account Code: PISSCF
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PCEF RBC Global Services Australia Nominees Pty Limited
Account Code: PICEF
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PIWGAF UBS Nominee Pty Ltd ACF: Perpetual Wholesale Geared
Australian Share Fund Account code PIWGAS
RBC Global Services Australia Nominees Pty Ltd
GPO Box 5424 Sydney NSW 2001
UBS Nominee Pty Ltd

Level 25, 1 Farrer Place Govenor Phillip Tower
Sydney NSW 2008
PIWCPF RBC Global Services Australia Nominees Pty Ltd
ACF: PI Protected Aust Share Fund A
Account code PIWCPF
GPO Box 5424 Sydney NSW 2001
UBS Nominee Pty Ltd

Level 25, 1 Farrer Place Govenor Phillip Tower
Sydney NSW 2000
PIWJPI RBC Global Services Australia Nominees Pty Limited
ACF: Perpetual JF Wholesale Prop Income Fund
Account Code: PIWJPI
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PIWSPF UBS Nominee Pty Ltd ACF: Perpetual Wholesale Share
Plus Fund Account code PIWSPF
RBC Global Services Australia Nominees Pty Ltd
GPO Box 5424 Sydney NSW 2001
UBS Nominee Pty Ltd

Level 25, 1 Farrer Place Govenor Phillip Tower
Sydney NSW 2000
PMISF1 RBC Global Services Australia Nominees Pty Limited
ACF: Perpetual's Industrial Share Fund One
Account Code: PHSF1
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PMISF2 RBC Global Services Australia Nominees Pty Limited
ACF: Perpetual's Industrial Share Fund Two
Account Code: PHSF2
GPO Box 5424 Sydney NSW 2000
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PMISE.I RBC Global Services Australia Nominees Pty Limited
ACF: Perpetual's Industrial Share Fund
Account Code: PHSFJ
GPO Box 5424 Sydney NSW 2000
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PMSCA RBC Global Services Australia Nominees Pty Limited
ATF: Perpetual's Smaller Companies Analyst Fund
Account Code: PISCA
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PMWSCM RBC Global Australia Nominees Pty Limited
ACF: Perpetual Wholesale Smaller Co Fund
Account Code: PIWSCM
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PMWSCS RBC Global Australia Nominees Pty Limited
ACF: Perpetual Wholesale Smaller Co Fund
Account Code: PIWSCS
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PMWSRF RBC Global Services Australia Nominess Pty Limited
ACF: Perpetual Wholesael Ethical Fund
Account Code: PIWSRF
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PPSF RBC Global Services Australia Nominees Pty Limited
ATF: Perpetual Property Securities Fund
Account Code: PIPSF
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
PWSCF RBC Global Services Australia Nominess Pty Limited.
ACF: Perpetual Wholesale Smaller Co Fund
Account Code: PIWSCF
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001

Perpetual Investments Management Limited (PIML) as Trustee for:

ALL 'SS' CODES RBC Global Services Australia Nominees Pty Limited
ACF: PIML (Select Super)
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
ACF: PIML (Select Super)
GPO Box 5424 Sydney NSW 2001
---------------- ---------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------

Perpetual Investments Management Limited (PIML) under Investment Management Agreements with:

INTERNAL CODE ACCOUNT DETAILS REGISTRATION DETAILS
AMCORP National Nominees Ltd ACF: IOOF Account.
Account Code: PIAMC RBC Global Services
Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
National Australia Custodian Services
A/C ATPFAE 6822 - 16. 5th Floor South
271 Collins Street Melbourne VIC 3000
ARF JP Morgan Chase Nominees Ltd ACF: Australian
Retirement Fund, Account Code: PIARF
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
JP Morgan Chase Nominees
A/C 13415 Locked Bag 7
Royal Exchange Sydney NSW 2000
CBAISF Citicorp Nominees Pty Ltd. ACF: Commonwealth
Aust Shares Fund 4. Account Code:PICISF
RBC Global Services Australia Pty Ltd
GPO Box 5424 Sydney NSW 2001
Citicorp Nominees Pty Ltd. A/C EASS04
GPO Box 764G, Melbourne VIC 3001
NSWTC Cogent Nominees Pty Ltd ACF NSW Treasury
Corporation Account Code: PINSWT
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
Cogent Nominees Pty Limited A/C HGFPTE
P.O. Box R209, Royal Exchange. Sydney NSW 1225.
PIACT JP Morgan Chase Nominees Ltd ACF: Australian Capital
Territory Treasury. Account Code: PIACT
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
JP Morgan Chase Nominees A/C 32512
Locked Bag 7, Royal Exchange Sydney NSW 2000
PIEFM6 Cogent Nominees Pty Ltd ACF EFM Australian
Share Fund 6 Account Code: PIEFM6
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
Cogent Nominees Pty Limited A/C: WTXME6
P.O. Box R209, Royal Exchange, Sydney NSW 1225
PIFIJI National Nominees Limited ACF: Fiji National Provident
Fund Account Code: PIFIJI
RBC Global Services Australia Nominees Pty Ltd
GPO Box 5424 Sydney NSW 2001
National Australia Custodian Services
A/C FNPEAE/9353-16, 5th Floor South
271 Collins Street Melbourne VIC 3000
PHEST RBC Global Services Australia Nominees Pty Limited
ACF: HEST Australia Limited Account Code: PIHEST
GPO Box 5424 Sydney NSW 2001
JP Morgan Chase Nominees A/C 33112
Locked Bag 7, Royal Exchange Sydney NSW 2000
PLIUTO BNP Paribas Securities Services ACF: PI United Sector
Leaders Property Fund. Account Code: PIJUTD
RBC Global Services Australia Pty Limited
GPO Box 5424 Sydney NSW 2001
Cogent Nominees Pty Limited A/C: USLJFP
GPO Box 4270, Sydney NSW 2000
PIMIT Guardian TrustAustralia Ltd ACF: Perpetual James Fielding
Meridian Investment Trust Account code PIMIT
RBC Global Services Australia Nominees Pty Ltd
GPO Box 5424 Sydney NSW 2001
Guardian Trust Australia Ltd
GPO Box 469 Sydney NSW 2001
PISTCF RBC Global Services Australia Nominees Pty Limited
ACF: SAS Trustee Corporation. Account Code: PISTCF
GPO Box 5424 Sydney NSW 2001
JP Morgan Chase Nominees A/C 34893
Locked Bag 7, Royal Exchange Sydney NSW 2000
PMCBUS National Nominees Ltd ACF: Construction & Building Union
Superannuation Fund Account Code: PICBUS
RBC Global Services Australia Nominees Pty Limited.
GPO Box 5424 Sydney NSW 2001
National Australia Custodian Services
A/C CBPFAE/5267-15, 5th Floor South
271 Collins Street Melbourne VIC 3000
PMCGSF Citicorp Nominees Pty Ltd ACF: Commonwealth
Aust Shares Fund 11 Account Code: PICGSF
RBC Global Services Australia Pty Ltd
GPO Box 5424 Sydney NSW 2001
Citicorp Nominees Pty Ltd A/C EPSS03
GPO Box 764G, Melbourne VIC 3001
PMCPSF Citicorp Nominees Pty Ltd ACF: Commonwealth
Property Fund 3 Account Code: PICPSF
RBC Global Services Australia Pty Ltd
GPO Box 5424 Sydney NSW 2001
Citicorp Nominees Pty Ltd A/C EPSS03
GPO Box 764G Melbourne VIC 3001
PMFR Westpac Custodian Nominees ACF: Frank Russell Investment
Management Account Code: PIMFR
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
Westpac Custodian Nominees State Street Fund BQ8D
Level 9 / 50 Pitt Street Sydney NSW 2000
PMHOST JP Morgan Chase Nominees Limited
ACF: Host - Plus Pty Ltd Account Code: PIHOST
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
JP Morgan Chase Nominees A/C 20004
Locked Bag 7, Royal Exchange Sydney NSW 2000
PML Perpetual Management Limited
Account Code: PTPML
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PMSTA National Nominees Limited ACF: Super
Trust of Australia Account Code: PISTA
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
National Australia Custodian Services
A/C: 5498-10 STPAAE 5th Floor South
271 Collins Street Melbourne VIC 3000
PNOM Perpetual Nominees Pty Limited Account Code: PTPNOM
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PTAL. Perpetual Australia Co Limited Account Code: PTPAL
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2000
RBC Global Services Australia Nominees Pty Limited
GPO Box 5430, Sydney NSW 2000
PTAN Perpetual Nominees Limited Account Code: PTPAN
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PTCO Perpetual Trustee Co. Limited Account Code: PTPCO
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PTGEN Perpetual Trustee Services General A/C
Account Code: PTPGEN
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PTNM P.T.A. Nominees Limited ATF: Perpetual Trustees
Nominees Limited Account Code: PTPNM
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
PTQLD Perpetual Trustee Queensland Limited
Account Code: PTOLD
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PTVIC Perpetual Trustee Victoria Limited
Account Code: PTNM
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
PTWA Perpetual Trustee WA Limited Account Code: PTPWA
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424, Sydney NSW 2001
QITE2 RBC Global Services Australia Nominees Pty Limited
AFT: Quantitative Investments TE 2 Equity Fund
Account Code: PIQTE2
GPO Box 5424 Sydney NSW 2001
RBC Global Services Australia Nominees Pty Limited

GPO Box 5424 Sydney NSW 2001
SMF BNP Paribas Securities Services ACF: SMF Funds
Management Account Code: PISMF
RBC Global Services Australia Pty Limited
GPO Box 5424 Sydney NSW 2001
Cogent Nominees Pty Limited A/C USLPEE.
GPO Box R209, Royal Exchange, Sydney NSW 2000
T 2 Perpetual Trustee Company Limited
(Private Client Division)
Perpetual Trustee Company Limited
39 Hunter Street, Sydney 2000
T3 Perpetual Trustees Victoria Limited
(Private Client Division)
Perpetual Trustee Company Limited
39 Hunter Street, Sydney 2000
T4 Perpetual Trustees Queensland Limited
(Private Client Division)
Perpetual Trustee Company Limited
39 Hunter Street, Sydney 2000
T6 Perpetual Trustees WA Limited
(Private Client Division)
Perpetual Trustee Company Limited
39 Hunter Street, Sydney 2000
T7 Perpetual Trustee Company Canberra Limited
(Private Client Division)
Perpetual Trustee Company Limited
39 Hunter Street, Sydney 2000
TEL. National Nominees Limited ACF: Telstra
Superannuation Pty Limited Account Code: PITEL
RBC Global Services Australia Nominees Pty Limited
GPO Box 5424 Sydney NSW 2001
National Australia Custodian Services
A/C 3093-15 TSPPAE 5th Floor South
271 Collins Street Melbourne VIC 3000

PRESENT RELEVANT INTERESTS

FE Summary (Definition Britishes) 0000000000000000000000000000000
IUST (JUST GROUP LIMITED) Portfolios
Romalia ethe Holdings
/ III PM 865,696
PCEF حمق 837,951
PMCBUS РM 522.038
PMHOST صحيحا PM 175,021
PMSTA هن PM 509,190
QITE2 م PM 236,000
PMISFJ هن 4,952,468
CBAISF هن PM 464,973
$\mathbb{M}$ PMISF2 PM 566,230
PIACT صحيحا РM 128,323
SSCEF همكا SS 73.858
$\nu$ ssccm SS 213,465
سی SSREN SS 121,242
PIHEST PM 346,766
PCCEF اس РC 68,236
PCCCM صحيح PC 169.409
PCREN الفهي PC 99,014
in PIEFM6 PM 617,262
PISTCF همه 359,649 ,我们就会在这里,我们的时候,我们也不会在这里的时候,我们也不会在这里的时候,我们也不会在这里的时候,我们也不会在这里的时候,我们也不会在这里的时候,我们也不会

CHANGES IN RELEVANT INTERESTS

Account Security Volume Value Price AsAtDate
SSAUEQ JST 136,285 277,383 \$ 2.04 10-Jun-04
SSAUEQ JST 100,000 202,802 \$ 2.03 11-Jun-04
SSAUEQ JST 88,007 - 178,850 \$ 2.03 18-Jun-04
SSAUEQ JST 148,278 $\sim$ 301,335 \$ 2.03 18-Jun-04
SSALPH JST 88,007 178,850 \$ 2.03 18-Jun-04
SSALPH JST $6,098 -$ 14,152 \$ 2.32 11-Aug-04
SSALPH JST $5,588 -$ 13,076 \$ 2.34 12-Aug-04
SSALPH JST 2,960 6,956 \$ 2.35 27-Aug-04
SSALPH JST $4,747 -$ 11,061 \$ 2.33 31-Aug-04
SSALPH JST m, 2,824 $\overline{\phantom{a}}$ 6,610 \$ 2.34 01-Sep-04
SSALPH JST 1,239 $\overline{\phantom{a}}$ 2,887 \$ 2.33 02/09/2004
SSALPH JST 3,233 $\overline{\phantom{a}}$ 7,533 \$ 2.33 02/09/2004
SSALPH JST 4,657 $\overline{a}$ 10,808 \$ 2.32 06/09/2004
SSALPH JST 4,323 $\overline{a}$ 10,117 \$ 2.34 07/09/2004
SSALPH JST 6,215 $\overline{a}$ 14,876 \$ 2.39 08/09/2004
SSALPH JST 2,356 $\blacksquare$ 5,629 \$ 2.39 09/09/2004
SSALPH JST 3,243 $\overline{a}$ 7,816 \$ 2.41 10/09/2004
SSALPH JST m, 1,713 $\overline{\phantom{a}}$ 4,591 \$ 2.68 29/09/2004
SSALPH JST 5,787 $\overline{\phantom{a}}$ 15,338 \$ 2.65 29/09/2004
SSALPH JST m, 5,813 $\blacksquare$ 15,637 \$ 2.69 30/09/2004
SSALPH JST 492 1,328 \$ 2.70 30/09/2004
SSALPH JST 912 $\overline{\phantom{a}}$ 2,410 \$ 2.64 12/10/2004
SSALPH JST 2,707 $\overline{a}$ 7,146 \$ 2.64 12/10/2004
SSALPH JST 9,332 $\frac{1}{2}$ 24,636 \$ 2.64 13/10/2004
SSALPH JST 13,545 $\overline{a}$ 36,301 \$ 2.68 14/10/2004
SSALPH
SSCCM
JST
JST
7,127
148,278
$\blacksquare$ 19,302
301,335
\$
\$
2.71
2.03
15/10/2004
JST 18/06/2004
SSCCM JST 15,728 39,817 \$
\$
2.53
2.65
22/09/2004
SSCCM
SSCCM
JST 25,571
2,510
67,832
7,263
\$ 2.89 08/10/2004
12/01/2005
SSCCM JST 8,611 24,950 \$ 2.90 18/01/2005
SSCCM JST 5,778 16,749 \$ 2.90 17/01/2005
SSCCM JST 6,989 19,895 \$ 2.85 19/01/2005
SSREN JST 10,076 20,958 \$ 2.08 23/06/2004
SSREN JST 71,924 149,602 \$ 2.08 24/06/2004
SSREN JST 2,600 6,110 \$ 2.35 16/08/2004
SSREN JST 7,557 19,774 \$ 2.62 11/10/2004
SSREN JST 7,517 20,131 \$ 2.68 14/10/2004
SSREN JST 3,665 10,787 \$ 2.94 22/10/2004
SSREN JST 2,200 6,380 \$ 2.90 03/11/2004
SSREN JST 2,556 7,420 \$ 2.90 08/12/2004
SSREN JST 4,064 11,454 \$ 2.82 24/01/2005
SSREN JST 3,674 10,311 \$ 2.81 25/01/2005
SSREN JST 1,925 5,394 \$ 2.80 28/01/2005
SSREN JST 3,484 9,581 \$ 2.75 10/03/2005
PCASF JST 243,816 566,092 \$ 2.32 26/07/2004
PCASF JST 113,894 $\sim$ 273,346 \$ 2.40 05/08/2004
PCASF JST 65,418 $\overline{a}$ 157,003 \$ 2.40 05/08/2004

This is annexure 3 Page 1 of 12 referred to in Form 603
Title: Notice of initial substantial holder

PCASF JST 64,504
$\overline{a}$
154,810 \$
2.40
05/08/2004
PCALPH JST 65,418 157,003 \$
2.40
05/08/2004
PCALPH JST - 4,533 - 10,520 \$
2.32
11/08/2004
PCALPH JST 4,154
$\overline{a}$
9,720 \$
2.34
12/08/2004
PCALPH JST 2,986 7,017 \$
2.35
27/08/2004
PCALPH JST $3,576 -$ 8,332 \$
2.33
31/08/2004
PCALPH JST 2,127
$\overline{a}$
4,978 \$
2.34
01/09/2004
PCALPH JST 934
$\overline{a}$
2,176 \$
2.33
02/09/2004
PCALPH JST $2,435 -$ 5,674 \$
2.33
02/09/2004
4,328 \$
PCALPH JST 9,831 2.27 03/09/2004
PCALPH JST $3,807 -$ 8,835 \$
2.32
06/09/2004
PCALPH JST 3,535
$\overline{\phantom{a}}$
8,273 \$
2.34
07/09/2004
PCALPH JST 5,081
$\overline{\phantom{a}}$
12,161 \$
2.39
08/09/2004
PCALPH JST 1,927
$\overline{\phantom{a}}$
4,604 \$
2.39
09/09/2004
PCALPH JST 2,651
$\overline{a}$
6,389 \$
2.41
10/09/2004
PCALPH JST 1,379
$\overline{\phantom{a}}$
3,696 \$
2.68
29/09/2004
PCALPH JST 4,657
$\overline{a}$
12,343 \$
2.65
29/09/2004
PCALPH JST 4,648
$\overline{a}$
12,503 \$
2.69
30/09/2004
PCALPH JST - 2,197
$\overline{a}$
5,800 \$
2.64
12/10/2004
PCALPH JST - 740
$\overline{a}$
1,956 \$
2.64
12/10/2004
PCALPH JST 7,574
$\overline{a}$
19,995 \$
2.64
13/10/2004
PCALPH JST 10,993
$\overline{a}$
29,461 \$
2.68
14/10/2004
PCALPH JST 5,784 15,665 \$
2.71
15/10/2004
PCCCM JST 113,894 273,346 \$
2.40
05/08/2004
PCCCM JST 15,169 38,402 \$
2.53
22/09/2004
PCCCM JST 19,127 50,738 \$
2.65
08/10/2004
PCCCM JST 1,995 5,773 \$
2.89
12/01/2005
PCCCM JST 6,839 19,816 \$
2.90
18/01/2005
PCCCM JST 4,591 13,308 \$
2.90
17/01/2005
PCCCM JST 7,794 22,186 \$
2.85
19/01/2005
PCREN JST 64,504 154,810 \$
2.40
05/08/2004
PCREN JST 4,358 10,285 \$
2.36
10/08/2004
PCREN JST 6,621 17,325 \$
2.62
11/10/2004
PCREN JST 6,511 17,436 \$
2.68
14/10/2004
PCREN JST 3,266 9,612 \$
2.94
22/10/2004
PCREN JST 3,800 11,020 \$
2.90
03/11/2004
PCREN JST 1,495 4,340 \$
2.90
08/12/2004
PCREN JST 2,640 7,440 \$
2.82
24/01/2005
PCREN JST 2,387 6,699 \$
2.81
25/01/2005
PCREN JST 1,432 4,012 \$
2.80
28/01/2005
PCREN JST 2,000 5,498 \$
2.75
07/03/2005
QITE2 JST 119,000 356,274 \$
2.99
02/12/2004
QITE2 JST 117,000 333,778 \$
2.85
03/02/2005
PMISFJ JST 49,378 139,024 \$
2.82
24/01/2005
PMISFJ JST 123,366 342,982 \$
2.78
25/01/2005
PMISFJ JST 371,513 1,043,952 \$
2.81
25/01/2005
PMISFJ JST 264,948 739,364 \$
2.79
27/01/2005
PMISFJ JST 128,234 357,260 \$
2.79
27/01/2005
PMISFJ JST 37,157 103,668 \$
2.79
28/01/2005
PMISFJ JST 289,825 811,510 \$
2.80
28/01/2005
PMISFJ JST 230,391 644,565 \$
2.80
04/02/2005
PMISFJ JST $12,772 -$ 35,163 \$
2.75
08/02/2005
PMISFJ JST 148,317 411,936 \$
2.78
10/02/2005

This is annexure 3 Page 2 of 12 referred to in Form 603
Title: Notice of initial substantial holder

PMISFJ JST 52,939 145,582 \$ 2.75 11/02/2005
PMISFJ JST 1,002,018 2,755,550 \$ 2.75 11/02/2005
PMISFJ JST 154,085 448,449 \$ 2.91 21/02/2005
PMISFJ JST 280,485 748,727 \$ 2.67 01/03/2005
PMISFJ JST 227,090 636,783 \$ 2.80 02/03/2005
PMISFJ JST 372,196 $\overline{a}$ 1,023,539 \$ 2.75 10/03/2005
PMISFJ JST 639,596 $\overline{a}$ 1,763,302 \$ 2.76 11/03/2005
PMISFJ JST 2,027,012 $\overline{a}$ 5,614,823 \$ 2.77 14/03/2005
CBAISF JST 3,593 10,116 \$ 2.82 24/01/2005
CBAISF JST 8,984 24,977 \$ 2.78 25/01/2005
CBAISF JST 27,057 76,030 \$ 2.81 25/01/2005
CBAISF JST 19,338 53,965 \$ 2.79 27/01/2005
CBAISF JST 9,359 26,074 \$ 2.79 27/01/2005
CBAISF JST 2,728 7,611 \$ 2.79 28/01/2005
CBAISF JST 21,277 59,576 \$ 2.80 28/01/2005
CBAISF JST 17,255 48,274 \$ 2.80 04/02/2005
CBAISF JST 11,884 33,007 \$ 2.78 10/02/2005
CBAISF JST 3,880 10,670 \$ 2.75 11/02/2005
CBAISF JST 73,444 201,971 \$ 2.75 11/02/2005
CBAISF JST 8,030 $\overline{a}$ 23,371 \$ 2.91 21/02/2005
CBAISF JST 23,666 63,174 \$ 2.67 01/03/2005
CBAISF JST 17,710 49,661 \$ 2.80 02/03/2005
CBAISF JST 25,696 $\overline{a}$ 70,664 \$ 2.75 10/03/2005
CBAISF JST 49,547 ÷ 136,596 \$ 2.76 11/03/2005
CBAISF JST 156,902 434,619 \$ 2.77 14/03/2005
PIEFM6 JST 5,505 15,499 \$ 2.82 24/01/2005
PIEFM6 JST 41,405 116,348 \$ 2.81 25/01/2005
PIEFM6 JST 13,749 38,225 \$ 2.78 25/01/2005
PIEFM6 JST 14,273 39,765 \$ 2.79 27/01/2005
PIEFM6 JST 29,490 82,295 \$ 2.79 27/01/2005
PIEFM6 JST 32,264 90,339 \$ 2.80 28/01/2005
PIEFM6 JST 4,136 11,539 \$ 2.79 28/01/2005
PIEFM6 JST 25,567 71,529 \$ 2.80 04/02/2005
PIEFM6 JST 16,640 46,216 \$ 2.78 10/02/2005
PIEFM6 JST 5,813 15,986 \$ 2.75 11/02/2005
PIEFM6 JST 110,027 302,574 \$ 2.75 11/02/2005
PIEFM6 JST 15,449 - 44,963 \$ 2.91 21/02/2005
PIEFM6 JST 31,405 83,833 \$ 2.67 01/03/2005
PIEFM6 JST 25,504 71,516 \$ 2.80 02/03/2005
PIEFM6 JST 41,633 - 114,491 \$ 2.75 10/03/2005
PIEFM6 JST 71,537 $\overline{a}$ 197,220 \$ 2.76 11/03/2005
PIEFM6 JST 227,159 $\overline{a}$ 629,230 \$ 2.77 14/03/2005
PISTCF
ICIS
JST 359,649 1,794,649 \$ 4.99 25/05/2005
ICIS JST
JST
7,969 22,437
55,415
\$
\$
2.82 24/01/2005
ICIS JST 19,932 168,670 \$ 2.78 25/01/2005
25/01/2005
ICIS JST 60,025
42,735
119,256 \$ 2.81
2.79
27/01/2005
ICIS JST 20,683 57,623 \$ 2.79 27/01/2005
ICIS JST 46,634 130,575 \$ 2.80 28/01/2005
ICIS JST 5,979 16,681 \$ 2.79 28/01/2005
ICIS JST 36,787 102,919 \$ 2.80 04/02/2005
ICIS JST 23,159 64,322 \$ 2.78 10/02/2005
ICIS JST 158,579 436,092 \$ 2.75 11/02/2005
ICIS JST 8,378 23,040 \$ 2.75 11/02/2005
ICIS JST 22,436 65,298 \$ 2.91 21/02/2005
ICIS JST 44,444 118,639 \$ 2.67 01/03/2005
ICIS JST 36,444 102,193 \$ 2.80 02/03/2005
ICIS JST 60,475
÷
166,306 \$ 2.75 10/03/2005
ICIS JST 103,320
÷,
284,843 \$ 2.76 11/03/2005
ICIS JST 325,517 901,682 \$ 2.77 14/03/2005
PCCEF JST 24,031 65,845 \$ 2.74 09/03/2005
PCCEF JST 7,094 19,432 \$ 2.74 09/03/2005
PCCEF JST 5,064 13,916 \$ 2.75 10/03/2005
PCCEF JST 2,608 7,146 \$ 2.74 10/03/2005
PCCEF JST 13,039 35,857 \$ 2.75 10/03/2005
PCCEF JST 41,703 114,971 \$ 2.76 11/03/2005
PCCEF JST 13,032 35,838 \$ 2.75 11/03/2005
PCCEF JST 261 718 \$ 2.75 11/03/2005
PCCEF JST 19,192
$\overline{a}$
52,910 \$ 2.76 11/03/2005
PCCEF JST 71,384 197,734 \$ 2.77 14/03/2005
PCCEF JST 11,216 31,068 \$ 2.77 14/03/2005
PCCEF JST 52,169 144,508 \$ 2.77 14/03/2005
PCCEF JST 652 1,810 \$ 2.78 14/03/2005
PCCEF JST 21,536 61,593 \$ 2.86 16/03/2005
PCCEF JST 5,258 14,731 \$ 2.80 04/04/2005
PCCEF JST 1,648 4,466 \$ 2.71 08/04/2005
PCCEF JST 11,156 30,280 \$ 2.71 08/04/2005
PCCEF JST 3,423 9,270 \$ 2.71 08/04/2005
PCCEF JST 10,227 27,613 \$ 2.70 11/04/2005
PCCEF JST 2,233 6,074 \$ 2.72 12/04/2005
PCCEF JST 8,424 21,060 \$ 2.50 18/04/2005
PCCEF JST 25,144 64,655 \$ 2.57 19/04/2005
PCCEF JST 3,669
÷
9,368 \$ 2.55 20/04/2005
PCCEF JST 5,142
$\overline{a}$
12,615 \$ 2.45 22/04/2005
PCCEF JST 20,054
$\overline{a}$
49,333 \$ 2.46 22/04/2005
PCCEF JST 4,894 11,733 \$ 2.40 26/04/2005
PCCEF JST 2,747 6,276 \$ 2.28 03/05/2005
PCCEF JST 6,314 13,917 \$ 2.20 04/05/2005
PCCEF JST 4,550 9,922 \$ 2.18 04/05/2005
PCCEF
PCCEF
JST
JST
4,823
388
10,531
850
\$
\$
2.18
2.19
06/05/2005
11/05/2005
PCCEF JST 66 145 \$ 2.19 12/05/2005
PCCEF JST 1,697 3,714 \$ 2.19 16/05/2005
PCCEF JST 5,133
$\overline{a}$
9,239 \$ 1.80 17/05/2005
PCCEF JST 5,133
$\overline{a}$
9,111 \$ 1.78 17/05/2005
PCCEF JST 62,876 113,026 \$ 1.80 17/05/2005
PCCEF JST 3,077 5,554 \$ 1.81 18/05/2005
PCCEF JST 4,307 7,774 \$ 1.81 18/05/2005
PCCEF JST 2,033 3,675 \$ 1.81 18/05/2005
PCCEF JST 2,185 3,944 \$ 1.81 18/05/2005
PCCEF JST $2,187 -$ 3,948 \$ 1.81 18/05/2005
PCCEF JST 12,775 23,506 \$ 1.84 19/05/2005
PCCEF JST 5,458 9,934 \$ 1.82 20/05/2005
PCCEF JST 64,482 - 118,969 \$ 1.85 24/05/2005
PMSTA JST 177,307 485,821 \$ 2.74 09/03/2005

This is annexure 3 Page 4 of 12 referred to in Form 603
Title: Notice of initial substantial holder

PMSTA JST 52,344 143,381 \$ 2.74 09/03/2005
PMSTA JST 96,443 265,218 \$ 2.75 10/03/2005
PMSTA JST 37,457 102,936 \$ 2.75 10/03/2005
PMSTA JST 19,288 52,849 \$ 2.74 10/03/2005
PMSTA JST 308,561 850,672 \$ 2.76 11/03/2005
PMSTA JST 96,425 265,169 \$ 2.75 11/03/2005
PMSTA JST 1,929 5,305 \$ 2.75 11/03/2005
PMSTA JST 141,870 391,121 \$ 2.76 11/03/2005
PMSTA JST 526,876 1,459,447 \$ 2.77 14/03/2005
PMSTA JST 82,788 229,323 \$ 2.77 14/03/2005
PMSTA JST 385,060 1,066,616 \$ 2.77 14/03/2005
PMSTA JST 4,813 13,361 \$ 2.78 14/03/2005
PMSTA JST 157,509
$\overline{a}$
450,476 \$ 2.86 16/03/2005
PMSTA JST 25,857
$\overline{a}$
72,444 \$ 2.80 04/04/2005
PMSTA JST 93,500 253,778 \$ 2.71 08/04/2005
PMSTA JST 28,687 77,687 \$ 2.71 08/04/2005
PMSTA JST 13,812 37,431 \$ 2.71 08/04/2005
PMSTA JST 78,786 212,722 \$ 2.70 11/04/2005
PMSTA JST 23,273 63,303 \$ 2.72 12/04/2005
PMSTA JST 48,717
$\overline{a}$
121,793 \$ 2.50 18/04/2005
PMSTA JST 172,605
$\overline{a}$
443,837 \$ 2.57 19/04/2005
PMSTA JST m, 48,340
÷
123,427 \$ 2.55 20/04/2005
PMSTA JST 152,838
$\overline{a}$
375,981 \$ 2.46 22/04/2005
PMSTA JST 39,189
$\overline{a}$
96,146 \$ 2.45 22/04/2005
PMSTA JST 40,659
$\overline{a}$
97,480 \$ 2.40 26/04/2005
PMSTA JST 3,645 8,328 \$ 2.28 03/05/2005
PMSTA JST 51,220 112,894 \$ 2.20 04/05/2005
PMSTA JST 33,914 73,956 \$ 2.18 04/05/2005
PMSTA JST 39,834 86,974 \$ 2.18 06/05/2005
PMSTA JST 38,267
$\overline{a}$
68,881 \$ 1.80 17/05/2005
PMSTA JST 38,267
$\overline{a}$
67,924 \$ 1.78 17/05/2005
PMSTA JST 468,768
$\overline{\phantom{a}}$
842,657 \$ 1.80 17/05/2005
PMSTA JST 16,278 29,382 \$ 1.81 18/05/2005
PMSTA JST 22,927 41,383 \$ 1.81 18/05/2005
PMSTA JST 32,098 57,937 \$ 1.81 18/05/2005
PMSTA JST 15,147 27,378 \$ 1.81 18/05/2005
PMSTA JST 16,294
$\overline{\phantom{a}}$
29,411 \$ 1.81 18/05/2005
PMSTA
PMSTA
JST 95,193 175,155 \$ 1.84 19/05/2005
20/05/2005
PMSTA JST
JST
28,286
467,521
51,481 \$
\$
1.82
1.85
24/05/2005
SSCEF JST $\overline{\phantom{a}}$
26,434
862,576
72,429
\$ 2.74 09/03/2005
SSCEF JST 7,804 21,377 \$ 2.74 09/03/2005
SSCEF JST 14,343 39,443 \$ 2.75 10/03/2005
SSCEF JST 5,571 15,310 \$ 2.75 10/03/2005
SSCEF JST 2,869 7,861 \$ 2.74 10/03/2005
SSCEF JST 45,873 126,467 \$ 2.76 11/03/2005
SSCEF JST 14,336 39,424 \$ 2.75 11/03/2005
SSCEF JST 287 789 \$ 2.75 11/03/2005
SSCEF JST 21,111
$\overline{\phantom{a}}$
58,201 \$ 2.76 11/03/2005
SSCEF JST 717 1,990 \$ 2.78 14/03/2005
SSCEF JST 78,523 217,509 \$ 2.77 14/03/2005
SSCEF JST 12,338 34,176 \$ 2.77 14/03/2005
SSCEF JST 57,387 158,962 \$ 2.77 14/03/2005
SSCEF JST 1,465
$\overline{\phantom{a}}$
4,175 \$ 2.85 16/03/2005
SSCEF JST 23,684 67,736 \$ 2.86 16/03/2005
SSCEF JST $5,773 -$ 16,174 \$ 2.80 04/04/2005
SSCEF JST 11,156 30,280 \$ 2.71 08/04/2005
SSCEF JST 3,423 9,270 \$ 2.71 08/04/2005
SSCEF JST 1,648 4,466 \$ 2.71 08/04/2005
SSCEF JST 11,092 29,948 \$ 2.70 11/04/2005
SSCEF JST 2,428 6,604 \$ 2.72 12/04/2005
SSCEF JST 7,365 - 18,413 \$ 2.50 18/04/2005
SSCEF JST 25,574
$\overline{a}$
65,761 \$ 2.57 19/04/2005
SSCEF JST $5,957 -$ 15,210 \$ 2.55 20/04/2005
SSCEF JST 21,936
$\overline{\phantom{a}}$
53,963 \$ 2.46 22/04/2005
SSCEF JST 5,624
$\overline{a}$
13,798 \$ 2.45 22/04/2005
SSCEF JST $5,368 -$ 12,870 \$ 2.40 26/04/2005
SSCEF JST 3,083 7,044 \$ 2.28 03/05/2005
SSCEF JST 6,893 15,193 \$ 2.20 04/05/2005
SSCEF JST 4,978 10,856 \$ 2.18 04/05/2005
SSCEF JST 5,287 11,544 \$ 2.18 06/05/2005
SSCEF JST 527 1,154 \$ 2.19 11/05/2005
SSCEF JST 144 315 \$ 2.19 12/05/2005
SSCEF JST 68,430
$\overline{a}$
123,010 \$ 1.80 17/05/2005
SSCEF JST 5,586
$\overline{a}$
10,055 \$ 1.80 17/05/2005
SSCEF JST 5,586 9,915 \$ 1.78 17/05/2005
SSCEF JST 2,368 4,274 \$ 1.81 18/05/2005
SSCEF JST 3,336 6,021 \$ 1.81 18/05/2005
SSCEF JST 4,670 8,429 \$ 1.81 18/05/2005
SSCEF JST 2,204 3,984 \$ 1.81 18/05/2005
SSCEF JST $2,367 -$ 4,272 \$ 1.81 18/05/2005
SSCEF JST 13,833 25,453 \$ 1.84 19/05/2005
SSCEF JST 5,906 10,749 \$ 1.82 20/05/2005
SSCEF JST 69,774 128,733 \$ 1.85 24/05/2005
PMHOST JST 61,369 168,151 \$ 2.74 09/03/2005
PMHOST JST 18,117 49,626 \$ 2.74 09/03/2005
PMHOST JST 6,660 18,248 \$ 2.74 10/03/2005
PMHOST JST 33,300 91,575 \$ 2.75 10/03/2005
PMHOST JST 12,933 35,541 \$ 2.75 10/03/2005
PMHOST JST 33,282 91,526 \$ 2.75 11/03/2005
PMHOST
PMHOST
JST
JST
666
106,502
1,832
293,615
\$
\$
2.75
2.76
11/03/2005
11/03/2005
PMHOST JST 49,011
$\overline{a}$
135,118 \$ 2.76 11/03/2005
PMHOST JST 28,644 79,344 \$ 2.77 14/03/2005
PMHOST JST 1,665 4,622 \$ 2.78 14/03/2005
PMHOST JST 182,293 504,952 \$ 2.77 14/03/2005
PMHOST JST 133,227 369,039 \$ 2.77 14/03/2005
PMHOST JST 54,990 - 157,271 \$ 2.86 16/03/2005
PMHOST JST 13,054
$\overline{a}$
36,573 \$ 2.80 04/04/2005
PMHOST JST 28,215 76,581 \$ 2.71 08/04/2005
PMHOST JST 4,168 11,295 \$ 2.71 08/04/2005
PMHOST JST 8,657 23,444 \$ 2.71 08/04/2005
PMHOST JST 26,102 70,475 \$ 2.70 11/04/2005
PMHOST JST 5,696 15,493 \$ 2.72 12/04/2005
PMHOST JST 17,748 - 44,370 \$ 2.50 18/04/2005
PMHOST JST 59,790
$\overline{a}$
153,744 \$ 2.57 19/04/2005

This is annexure 3 Page 6 of 12 referred to in Form 603
Title: Notice of initial substantial holder

PMHOST JST 13,946 35,608 \$ 2.55 20/04/2005
PMHOST JST 13,231
-
32,461 \$ 2.45 22/04/2005
PMHOST JST 51,602 126,941 \$ 2.46 22/04/2005
PMHOST JST 12,628
$\overline{a}$
30,276 \$ 2.40 26/04/2005
PMHOST JST 7,231 16,521 \$ 2.28 03/05/2005
PMHOST JST 16,237 35,788 \$ 2.20 04/05/2005
PMHOST JST 11,706 25,527 \$ 2.18 04/05/2005
PMHOST JST 12,442 27,166 \$ 2.18 06/05/2005
PMHOST JST 302 661 \$ 2.19 12/05/2005
PMHOST JST 4,478 9,801 \$ 2.19 16/05/2005
PMHOST JST 13,191
$\overline{a}$
23,414 \$ 1.78 17/05/2005
PMHOST JST 13,191
$\overline{a}$
23,744 \$ 1.80 17/05/2005
PMHOST JST 161,590
$\overline{\phantom{a}}$
290,474 \$ 1.80 17/05/2005
PMHOST JST 7,903 14,265 \$ 1.81 18/05/2005
PMHOST JST 11,066 19,974 \$ 1.81 18/05/2005
PMHOST JST 5,611 10,128 \$ 1.81 18/05/2005
PMHOST JST 5,221 9,437 \$ 1.81 18/05/2005
PMHOST JST 5,616
$\overline{\phantom{a}}$
10,137 \$ 1.81 18/05/2005
PMHOST JST 32,782 60,319 \$ 1.84 19/05/2005
PMHOST JST 13,530 24,625 \$ 1.82 20/05/2005
PMHOST JST 165,396
$\overline{a}$
305,156 \$ 1.85 24/05/2005
PIACT JST 44,812 122,785 \$ 2.74 09/03/2005
PIACT JST 13,230 36,240 \$ 2.74 09/03/2005
PIACT JST 24,316 66,869 \$ 2.75 10/03/2005
PIACT JST 9,444 25,953 \$ 2.75 10/03/2005
PIACT JST 4,863 13,325 \$ 2.74 10/03/2005
PIACT JST 486 1,337 \$ 2.75 11/03/2005
PIACT JST 77,768 214,399 \$ 2.76 11/03/2005
PIACT JST 24,303 66,833 \$ 2.75 11/03/2005
PIACT JST 35,789 98,667 \$ 2.76 11/03/2005
PIACT JST 97,283 269,474 \$ 2.77 14/03/2005
PIACT JST 1,216 3,376 \$ 2.78 14/03/2005
PIACT JST 133,111 368,717 \$ 2.77 14/03/2005
PIACT JST 20,916 57,937 \$ 2.77 14/03/2005
PIACT JST 40,151
$\overline{a}$
114,832 \$ 2.86 16/03/2005
PIACT JST 9,519 26,669 \$ 2.80 04/04/2005
PIACT JST 20,606 55,929 \$ 2.71 08/04/2005
PIACT
PIACT
JST
JST
6,322
3,044
17,121
8,249
\$
\$
2.71
2.71
08/04/2005
08/04/2005
PIACT JST 19,064 51,473 \$ 2.70 11/04/2005
PIACT JST 4,578 12,452 \$ 2.72 12/04/2005
PIACT JST $12,285 -$ 30,713 \$ 2.50 18/04/2005
PIACT JST 43,125
$\frac{1}{2}$
110,892 \$ 2.57 19/04/2005
PIACT JST 11,232
$\overline{\phantom{a}}$
28,679 \$ 2.55 20/04/2005
PIACT JST $38,113 -$ 93,758 \$ 2.46 22/04/2005
PIACT JST 9,773
$\overline{\phantom{a}}$
23,977 \$ 2.45 22/04/2005
PIACT JST $9,226 -$ 22,119 \$ 2.40 26/04/2005
PIACT JST 5,279 12,061 \$ 2.28 03/05/2005
PIACT JST 11,836 26,088 \$ 2.20 04/05/2005
PIACT JST 8,549 18,643 \$ 2.18 04/05/2005
PIACT JST 9,089 19,845 \$ 2.18 06/05/2005
PIACT JST 896 1,962 \$ 2.19 11/05/2005
PIACT JST 241 528 \$ 2.19 12/05/2005
PIACT JST 3,108 6,803 \$ 2.19 16/05/2005
PIACT JST 118,254 $\overline{a}$ 212,573 \$ 1.80 17/05/2005
PIACT JST 9,653 $\overline{a}$ 17,375 \$ 1.80 17/05/2005
PIACT JST 9,653 $\frac{1}{2}$ 17,134 \$ 1.78 17/05/2005
PIACT JST 4,109 7,417 \$ 1.81 18/05/2005
PIACT JST 5,787 10,446 \$ 1.81 18/05/2005
PIACT JST 8,103 14,626 \$ 1.81 18/05/2005
PIACT JST 3,823 6,910 \$ 1.81 18/05/2005
PIACT JST 4,111 7,420 \$ 1.81 18/05/2005
PIACT JST 24,016 44,189 \$ 1.84 19/05/2005
PIACT JST 10,261 18,675 \$ 1.82 20/05/2005
PIACT JST 121,252 - 223,710 \$ 1.85 24/05/2005
PIHEST JST 121,130 331,896 \$ 2.74 09/03/2005
PIHEST JST 35,759 97,951 \$ 2.74 09/03/2005
PIHEST JST 25,528 70,154 \$ 2.75 10/03/2005
PIHEST JST 13,146 36,020 \$ 2.74 10/03/2005
PIHEST JST 65,728 180,752 \$ 2.75 10/03/2005
PIHEST JST 65,692 180,653 \$ 2.75 11/03/2005
PIHEST JST 1,314 3,614 \$ 2.75 11/03/2005
PIHEST JST 210,213 579,536 \$ 2.76 11/03/2005
PIHEST JST 96,738 - 266,697 \$ 2.76 11/03/2005
PIHEST JST 56,537 156,607 \$ 2.77 14/03/2005
PIHEST JST 3,287 9,125 \$ 2.78 14/03/2005
PIHEST JST 359,812 996,679 \$ 2.77 14/03/2005
PIHEST JST 262,963 728,408 \$ 2.77 14/03/2005
PIHEST JST 108,542 $\overline{a}$ 310,430 \$ 2.86 16/03/2005
PIHEST JST 25,755 72,158 \$ 2.80 04/04/2005
PIHEST JST 55,709 151,205 \$ 2.71 08/04/2005
PIHEST JST 8,230 22,303 \$ 2.71 08/04/2005
PIHEST JST 17,092 46,287 \$ 2.71 08/04/2005
PIHEST JST 51,525 139,118 \$ 2.70 11/04/2005
PIHEST JST 12,368 33,641 \$ 2.72 12/04/2005
PIHEST JST 33,218 $\overline{\phantom{a}}$ 83,045 \$ 2.50 18/04/2005
PIHEST JST $\overline{a}$ 116,564 $\overline{a}$ 299,733 \$ 2.57 19/04/2005
PIHEST JST $\overline{a}$ 30,364 77,528 \$ 2.55 20/04/2005
PIHEST
PIHEST
JST
JST
103,021
26,416
253,432 \$ 2.46 22/04/2005
PIHEST JST , $\sim$ 64,809
59,820
\$
\$
2.45
2.40
22/04/2005
26/04/2005
PIHEST JST 24,951
14,276
$\overline{a}$ 32,618 \$ 2.28 03/05/2005
PIHEST JST 32,054 70,650 \$ 2.20 04/05/2005
PIHEST JST 23,108 50,392 \$ 2.18 04/05/2005
PIHEST JST 24,563 53,631 \$ 2.18 06/05/2005
PIHEST JST 2,164 4,739 \$ 2.19 11/05/2005
PIHEST JST 674 1,476 \$ 2.19 12/05/2005
PIHEST JST 8,483 18,568 \$ 2.19 16/05/2005
PIHEST JST 26,090 $\overline{\phantom{a}}$ 46,310 \$ 1.78 17/05/2005
PIHEST JST 26,090 $\overline{a}$ 46,962 \$ 1.80 17/05/2005
PIHEST JST 319,599 $\overline{\phantom{a}}$ 574,511 \$ 1.80 17/05/2005
PIHEST JST 10,334 18,679 \$ 1.81 18/05/2005
PIHEST JST 15,643 28,236 \$ 1.81 18/05/2005
PIHEST JST 21,900 39,530 \$ 1.81 18/05/2005
PIHEST JST 11,106 20,046 \$ 1.81 18/05/2005
PIHEST JST 11,111 20,055 \$ 1.81 18/05/2005
PIHEST JST 64,909 119,433 \$ 1.84 19/05/2005
PIHEST JST 27,633 50,292 \$ 1.82 20/05/2005
PIHEST JST 327,655
$\overline{\phantom{a}}$
604,523 \$ 1.85 24/05/2005
PMCBUS JST 182,702 500,603 \$ 2.74 09/03/2005
PMCBUS JST 53,937 147,744 \$ 2.74 09/03/2005
PMCBUS JST 38,505 105,816 \$ 2.75 10/03/2005
PMCBUS JST 19,828 54,329 \$ 2.74 10/03/2005
PMCBUS JST 99,139 272,632 \$ 2.75 10/03/2005
PMCBUS JST 99,083 272,478 \$ 2.75 11/03/2005
PMCBUS JST 1,982 5,451 \$ 2.75 11/03/2005
PMCBUS JST 317,065 874,117 \$ 2.76 11/03/2005
PMCBUS JST 145,910 402,259 \$ 2.76 11/03/2005
PMCBUS JST 396,628 1,098,660 \$ 2.77 14/03/2005
PMCBUS JST 85,275 236,212 \$ 2.77 14/03/2005
PMCBUS JST 4,958 13,763 \$ 2.78 14/03/2005
PMCBUS JST 542,705 1,503,293 \$ 2.77 14/03/2005
PMCBUS JST 163,705 - 468,196 \$ 2.86 16/03/2005
PMCBUS JST 38,934
$\overline{\phantom{a}}$
109,081 \$ 2.80 04/04/2005
PMCBUS JST 25,810 69,896 \$ 2.71 08/04/2005
PMCBUS JST 84,123 228,327 \$ 2.71 08/04/2005
PMCBUS JST 12,427 33,677 \$ 2.71 08/04/2005
PMCBUS JST 77,761 209,955 \$ 2.70 11/04/2005
PMCBUS JST 18,661 50,758 \$ 2.72 12/04/2005
PMCBUS JST 46,822
$\overline{a}$
117,055 \$ 2.50 18/04/2005
PMCBUS JST 177,367
$\overline{a}$
456,082 \$
\$
2.57 19/04/2005
PMCBUS
PMCBUS
JST
JST
46,129
$\overline{a}$
40,205
117,781 \$ 2.55
2.45
20/04/2005
22/04/2005
PMCBUS JST $\overline{a}$
156,798
-
98,639
385,723
\$ 2.46 22/04/2005
PMCBUS JST 37,649 90,263 \$ 2.40 26/04/2005
PMCBUS JST 21,498 49,119 \$ 2.28 03/05/2005
PMCBUS JST 48,340 106,546 \$ 2.20 04/05/2005
PMCBUS JST 34,845 75,986 \$ 2.18 04/05/2005
PMCBUS JST 37,049 80,893 \$ 2.18 06/05/2005
PMCBUS JST 2,682 5,874 \$ 2.19 11/05/2005
PMCBUS JST 1,109 2,429 \$ 2.19 12/05/2005
PMCBUS JST 12,869 28,168 \$ 2.19 16/05/2005
PMCBUS JST $\overline{a}$ 39,332 - 69,814 \$ 1.78 17/05/2005
PMCBUS JST 39,332 - 70,798 \$ 1.80 17/05/2005
PMCBUS JST 481,824
$\mathcal{A}$
866,127 \$ 1.80 17/05/2005
PMCBUS JST 15,513 28,040 \$ 1.81 18/05/2005
PMCBUS JST 23,481 42,383 \$ 1.81 18/05/2005
PMCBUS JST 32,872 59,334 \$ 1.81 18/05/2005
PMCBUS JST 16,671 30,091 \$ 1.81 18/05/2005
PMCBUS JST $16,743 -$ 30,221 \$ 1.81 18/05/2005
PMCBUS JST 97,763 179,884 \$ 1.84 19/05/2005
PMCBUS JST 40,804 74,263 \$ 1.82 20/05/2005
PMCBUS JST 493,297 - 910,133 \$ 1.85 24/05/2005
PCEF JST 283,232 776,056 \$ 2.74 09/03/2005
PCEF JST 83,615 229,038 \$ 2.74 09/03/2005
PCEF JST 59,692 164,040 \$ 2.75 10/03/2005
PCEF JST 30,738 84,222 \$ 2.74 10/03/2005
PCEF JST 153,692 422,653 \$ 2.75 10/03/2005
PCEF JST 153,847 423,079 \$ 2.75 11/03/2005
PCEF JST 3,075 8,456 \$ 2.75 11/03/2005
PCEF JST 492,315 1,357,263 \$ 2.76 11/03/2005
PCEF JST 226,379 624,104 \$ 2.76 11/03/2005
PCEF JST 7,692 21,353 \$ 2.78 14/03/2005
PCEF JST 132,286 366,432 \$ 2.77 14/03/2005
PCEF JST 615,283 1,704,334 \$ 2.77 14/03/2005
PCEF JST 841,886 2,332,024 \$ 2.77 14/03/2005
PCEF JST 248,610
$\overline{a}$
711,025 \$ 2.86 16/03/2005
PCEF JST 44,127
$\overline{a}$
123,631 \$ 2.80 04/04/2005
PCEF JST 20,023 54,262 \$ 2.71 08/04/2005
PCEF JST 135,535 367,869 \$ 2.71 08/04/2005
PCEF JST 41,586 112,619 \$ 2.71 08/04/2005
PCEF JST 125,443 338,696 \$ 2.70 11/04/2005
PCEF JST 30,763 83,675 \$ 2.72 12/04/2005
PCEF JST 75,421
$\overline{a}$
188,553 \$ 2.50 18/04/2005
PCEF JST 282,332
$\overline{a}$
725,989 \$ 2.57 19/04/2005
PCEF JST 65,363
$\overline{a}$
166,891 \$ 2.55 20/04/2005
PCEF JST 235,638
$\overline{a}$
579,669 \$ 2.46 22/04/2005
PCEF JST 60,420 148,234 \$ 2.45 22/04/2005
PCEF JST 64,625 154,938 \$ 2.40 26/04/2005
PCEF JST 41,005 93,688 \$ 2.28 03/05/2005
PCEF JST 77,106 169,949 \$ 2.20 04/05/2005
PCEF JST 55,283 120,556 \$ 2.18 04/05/2005
PCEF JST 64,298 140,388 \$ 2.18 06/05/2005
PCEF JST 10,843 23,746 \$ 2.19 11/05/2005
PCEF JST 2,054 4,498 \$ 2.19 12/05/2005
PCEF JST 21,566 47,204 \$ 2.19 16/05/2005
PCEF JST 62,748
$\overline{a}$
111,378 \$ 1.78 17/05/2005
PCEF JST 768,659 1,381,741 \$ 1.80 17/05/2005
PCEF JST 62,748 112,946 \$ 1.80 17/05/2005
PCEF JST 25,003 45,193 \$ 1.81 18/05/2005
PCEF JST 52,984 95,636 \$ 1.81 18/05/2005
PCEF JST 26,870 48,500 \$ 1.81 18/05/2005
PCEF JST 37,846 68,312 \$ 1.81 18/05/2005
PCEF JST 26,768 48,316 \$ 1.81 18/05/2005
PCEF JST 158,729 292,061 \$ 1.84 19/05/2005
PCEF JST 68,122 123,982 \$ 1.82 20/05/2005
PCEF JST 790,623 - 1,458,699 \$ 1.85 24/05/2005
PMISFJ JST 103,509 236,549 \$ 2.29 02/05/2005
PMISFJ JST 5,538 12,128 \$ 2.19 09/05/2005
PMISFJ JST 48,573 106,317 \$ 2.19 16/05/2005
PMISFJ
PMISFJ
JST
JST
87,981 159,026
240,374
\$
\$
1.81 18/05/2005
18/05/2005
PMISFJ JST 133,171
186,440
336,524 \$ 1.81
1.81
18/05/2005
PMISFJ JST 94,547 170,657 \$ 1.81 18/05/2005
PMISFJ JST $94,555 -$ 170,672 \$ 1.81 18/05/2005
PMISFJ JST 1,077,385 1,985,297 \$ 1.84 24/05/2005
PMISFJ JST 332,889 612,449 \$ 1.84 24/05/2005
PMISFJ JST 1,849,475 3,412,281 \$ 1.85 24/05/2005
PMISFJ JST 1,127,515 2,068,990 \$ 1.84 25/05/2005
CBAISF JST 6,008 13,730 \$ 2.29 02/05/2005
CBAISF JST 6,398 14,618 \$ 2.28 03/05/2005

This is annexure 3 Page 10 of 12 referred to in Form 603
Title: Notice of initial substantial holder

CBAISF JST 16,179 35,660 \$ 2.20 04/05/2005
CBAISF JST 11,946 25,764 \$ 2.16 05/05/2005
CBAISF JST 4,299 9,386 \$ 2.18 06/05/2005
CBAISF JST 595 1,303 \$ 2.19 09/05/2005
CBAISF JST 1,320 2,891 \$ 2.19 11/05/2005
CBAISF JST 371 812 \$ 2.19 12/05/2005
CBAISF JST 3,317 7,260 \$ 2.19 16/05/2005
CBAISF JST 8,493 19,409 \$ 2.29 02/05/2005
CBAISF JST 526 1,152 \$ 2.19 09/05/2005
CBAISF JST 4,091 8,954 \$ 2.19 16/05/2005
CBAISF JST 7,348 13,282 \$ 1.81 18/05/2005
CBAISF JST 11,123 20,077 \$ 1.81 18/05/2005
CBAISF JST 15,571 28,106 \$ 1.81 18/05/2005
CBAISF JST 7,897 14,254 \$ 1.81 18/05/2005
CBAISF JST 7,890 - 14,241 \$ 1.81 18/05/2005
CBAISF JST 90,080 165,990 \$ 1.84 24/05/2005
CBAISF JST 27,833 51,207 \$ 1.84 24/05/2005
CBAISF JST 154,544 285,134 \$ 1.85 24/05/2005
CBAISF JST 94,924 174,186 \$ 1.84 25/05/2005
ICIS JST 10,646 24,329 \$ 2.29 02/05/2005
ICIS JST 11,263 25,734 \$ 2.28 03/05/2005
ICIS JST
JST
28,495 62,806 \$
\$
2.20 04/05/2005
ICIS
ICIS
JST 20,969
7,491
45,224
16,356
\$ 2.16
2.18
05/05/2005
06/05/2005
ICIS JST 727 1,592 \$ 2.19 09/05/2005
ICIS JST 1,982 4,341 \$ 2.19 11/05/2005
ICIS JST 519 1,137 \$ 2.19 12/05/2005
ICIS JST 5,702 12,481 \$ 2.19 16/05/2005
ICIS JST 16,306 37,264 \$ 2.29 02/05/2005
ICIS JST 823 1,802 \$ 2.19 09/05/2005
ICIS JST 7,620 16,679 \$ 2.19 16/05/2005
ICIS JST 13,814 24,969 \$ 1.81 18/05/2005
ICIS JST 29,274 52,840 \$ 1.81 18/05/2005
ICIS JST 14,845 26,795 \$ 1.81 18/05/2005
ICIS JST 20,909 37,741 \$ 1.81 18/05/2005
ICIS JST 14,845 26,795 \$ 1.81 18/05/2005
ICIS JST 169,259 311,894 \$ 1.84 24/05/2005
ICIS JST 52,298 96,218 \$ 1.84 24/05/2005
ICIS JST 290,512 535,995 \$ 1.85 24/05/2005
ICIS JST 177,087 324,955 \$ 1.84 25/05/2005
PMISF2 JST 68,391 156,294 \$ 2.29 02/05/2005
PMISF2 JST 72,456 165,547 \$ 2.28 03/05/2005
PMISF 2 JST 183,425 404,287 \$ 2.20 04/05/2005
PMISF 2 JST 135,088 291,344 \$ 2.16 05/05/2005
PMISF 2 JST 48,250 105,349 \$ 2.18 06/05/2005
PMISF 2 JST 5,514 12,076 \$ 2.19 09/05/2005
PMISF 2 JST 12,692 27,795 \$ 2.19 11/05/2005
PMISF 2 JST 3,347 7,330 \$ 2.19 12/05/2005
PMISF 2 JST 37,067 81,132 \$ 2.19 16/05/2005
PIEFM6 JST 8,169 18,669 \$ 2.29 02/05/2005
PIEFM6 JST 8,647 19,757 \$ 2.28 03/05/2005
PIEFM6 JST 21,901 48,272 \$ 2.20 04/05/2005
PIEFM6 JST 16,117 34,760 \$ 2.16 05/05/2005

This is annexure 3 Page 11 of 12 referred to in Form 603
Title: Notice of initial substantial holder

PIEFM 6 JST 5.755 12,565 \$ 2.18 06/05/2005
PIEFM6 JST 664 1,454 \$ 2.19 09/05/2005
PIEFM6 JST 1,506 3.298 \$ 2.19 11/05/2005
PIEFM6 JST 353 773 S 2.19 12/05/2005
PIEFM 6 JST 4,431 9,699 S 2.19 16/05/2005
PIEFM6 JST 11,514 26,313 S 2.29 02/05/2005
PIEFM6 JST 613 1,342 \$ 2.19 09/05/2005
PIEFM6 JST 5,387 11,791 S 2.19 16/05/2005
PIEFM6 JST 14.797 26,709 \$ 1.81 18/05/2005
PIEFM6 JST 20,715 37.391 \$ 1.81 18/05/2005
PIEFM6 JST 10,506 18,963 \$ 1.81 18/05/2005
PIEFM 6 JST 9.776 17,670 S 1.81 18/05/2005
PIEFM6 JST 10.506 18,963 S 1.81 18/05/2005
PIEFM6 JST 119,684 220.542 S 1.84 24/05/2005
PIEFM6 JST 36,980 68,036 \$ 1.84 24/05/2005
PIEFM6 JST 205,469 379,090 \$ 1.85 24/05/2005
PIEFM6 JST 124,784 228,979 \$ 1.84 25/05/2005