Perpetual Limited — Major Shareholding Notification 2011

Oct 3, 2011

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme CARDNO LIMITED

ACN/ARSN 108 112 303

1. Details of substantial holder (1)

Name PERPETUAL LIMITED and subsidiaries ACN (if applicable) 000 431 827 There was a change in the interests of t Substantial holder on _ 30 _ / 09 / 2011 __ The previous notice was given to the company on _16 _ / 08 / 2010 __ The previous notice was dated _12 _ / 05 /_ 2010 __

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previousnotice	Previousnotice	Presentnotice	Presentnotice
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Ordinary	6,847,194	6.48%	8,240,835	7.49%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
	Refer annexure 3

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered asholder(8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
	Refer annexure 1 & 2

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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Name and ACN (if applicable) Nature of association
Refer to Annexure 1
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6. Addresses

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The addresses of persons named in this form are as follows:
Name Address
Refer to Annexure 1
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Signature
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Print name GLENDA CHARLES

Capacity DEPUTY COMPANY SECRETARY

ANNEXURE 1 - Perpetual Investments Account Codes & Details

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

INTERNAL CODE	ACCOUNT DETAILS	REGISTRATION DETAILS
ALL 'PC' CODES	RBC Dexia Investor Services Trust ACF: PIML (Select Investments) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust ACF: PIML (Select Investments) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001
PCEF	RBC Dexia Investor Services Trust ACF: Perpetual's Wholesale Concentrated Equity Fund Account Code: PICEF GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PCCEF	RBC Dexia Investor Services Trust ACF: PIML (Select Investments) Account Code: PCCEF GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIBIAS	RBC Dexia Investor Services Trust ACF: Perpetual's Benchmark Industrial Australian Share Fund Account Code: PIBIAS GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIGPVF	RBC Dexia Investor Services Trust ACF: Perpetual's Pure Value 2 Share Fund Account Code: PIGPVF GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIGSFP	RBC Dexia Investor Services Trust ACF: Perpetual's Australian Share Fund Account Code: PIGSFP GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIICAP	RBC Dexia Investor Services Trust ACF: Perpetual's Investor Choice Fund Account Code: PIICAP GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIISF	RBC Dexia Investor Services Trust ACF: Perpetual's Industrial Share Fund Account Code: PIISF GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIRAF	RBC Dexia Investor Services Trust ACF: Perpetual Resources Fund Account code: PIRAF GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PISINP	RBC Dexia Investor Services Trust ACF: Perpetual's Investor Choice Fund Account Code: PISINP GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PISMA1	RBC Dexia Investor Services Trust ACF: Perpetual's Australian Share Fund Account Code: PISMA1 GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PISMA2	RBC Dexia Investor Services Trust ACF: Perpetual's Australian Share Fund Account Code: PISMA2 GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PIWGAP	UBS Nominee Pty Ltd ACF: Perpetual Wholesale Geared Australian Share Fund Account code: A111266 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	UBS Nominee Pty Ltd Level 16, Chifley Tower 2 Chifley Square Sydney NSW 2000
PIWCPF	UBS Nominee Pty Ltd ACF: PI Protected Aust Share Fund A Account code PIWCPF C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	UBS Nominee Pty Ltd Level 16, Chifley Tower 2 Chifley Square Sydney NSW 2000
PIWJPI	RBC Dexia Investor Services Trust ACF: Perpetual JF Wholesale Prop Income Fund Account Code: PIWJPI GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001

This is Annexure 1 Page 1 of 4 of 604

PIWQLS	UBS Nominee Pty Ltd ACF: Perpetual QI Long Short Fund Account code: A1025745 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	UBS Nominee Pty Ltd Level 16, Chifley Tower 2 Chifley Square Sydney NSW 2000
PIWSPF	UBS Nominee Pty Ltd ACF: Perpetual Wholesale Share Plus Fund Account code: A111267 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	UBS Nominee Pty Ltd Level 16, Chifley Tower 2 Chifley Square Sydney NSW 2000
PMWSC	RBC Dexia Investor Services Trust ACF: Perpetual Wholesale Smaller Company Fund Account Code: PIWSCS GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
PMWSRF	RBC Dexia Investor Services Trust ACF: Perpetual Wholesael Ethical Fund Account Code: PIWSRF GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
Perpetual Investments Management Limited (PIML), subsidiary of Perpetual Limited, as Trustee for:
ALL 'SS' CODES	RBC Dexia Investor Services Trust ACF: PIML (Select Super) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust ACF: PIML (Select Super) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001
Perpetual Investments Management Limited (PIML), subsidiary of Perpetual Limited, under Investment Management Agreements with:

INTERNAL CODE	ACCOUNT DETAILS	REGISTRATION DETAILS
CBAISF	Citicorp Nominees Pty Ltd. ACF: Commonwealth Aust Shares Fund 4 Account Code:PICISF C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 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 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 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 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 32512 Locked Bag 7, Royal Exchange Sydney NSW 2000
PIAVIV	JP Morgan Chase Nominees limited ACF: NAVIGATOR AUSTRALIA LIMITED Account Code: PIAVIV C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 58815 Locked Bag 7, Royal Exchange Sydney NSW 2000
PICATH	National Australia Custodian Services ACF: CATHOLIC SUPER FUND PTY LTD Account Code: PICATH C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Australia Custodian Services A/C CDPRDE/17392-10 Level 21, 500 Bourke St Melbourne VIC 3000
PIEFM6	Cogent Nominees Pty Ltd ACF: EFM Australian Share Fund 6 Account Code: PIEFM6 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Cogent Nominees Pty Limited A/C WTXME6 P.O. Box R209 Royal Exchange Sydney NSW 1225
PIFIRS	National Nominees Ltd ACF: FIRST SUPER MANDATE AUSTRALIA Account Code: PIFIRS C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Australia Custodian Services A/C 16444-14 Level 21, 500 Bourke St Melbourne VIC 3000
PIHEAL	JP Morgan Chase Nominees limited ACF: HEALTH SUPER PTY LTD Account Code: PIHEAL C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 74805 Locked Bag 7, Royal Exchange Sydney NSW 2000
PIHEST	JP Morgan Chase Nominees limited ACF: HEST Australia Limited Account Code: PIHEST C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 33112 Locked Bag 7, Royal Exchange Sydney NSW 2000

This is Annexure 1 Page 2 of 4 of 604

PILGSS	JP Morgan Chase Nominees limited ACF: HEST Australia Limited Account Code: PILGSS C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2002	JP Morgan Chase Nominees A/C 56466 Locked Bag 7, Royal Exchange Sydney NSW 2000
PILUCR	JP Morgan Chase Nominees Ltd ACF: LUCRF PTY LTD MANDATE Account code: PILUCR C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	JP Morgan Chase Nominees A/C 58865 Locked Bag 7, Royal Exchange Sydney NSW 1999
PIMEDA	Cogent Nominees Pty Ltd ACF: MEDIA SUPER SMALLER COMPANIES FUND Account code: PIMEDA C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	Cogent Nominees Pty Ltd A/C PISPTE P.O. Box R209, Royal Exchange Sydney NSW 1225
PIRAEO	State Street Australia Limited ACF: RUSSELL AUSTRALIAN OPPORTUNITIES FUND Account code: PIRAEO C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	State Street Australia Limited A/C BT7B Level 18, 338 Pitt Street Sydney NSW 2000
PISTCF	JP Morgan Chase Nominees Ltd ACF: SAS Trustee Corporation Account code: PISTCF C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 34893 Locked Bag 7, Royal Exchange Sydney NSW 2000
PITWUS	National Nominees Ltd ACF: TWU SUPERANNUATION Account Code: PITWUS C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Australia Custodian Services A/C TUPPAE/16448-28 Level 21, 500 Bourke St Melbourne VIC 3000
PMCBUS	National Nominees Ltd ACF: Construction & Building Union Superannuation Fund Account Code: PICBUS C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Australia Custodian Services A/C CBPFAE/5267-15 Level 21, 500 Bourke St Melbourne VIC 3000
PMCGSF	Citicorp Nominees Pty Ltd ACF: Commonwealth Aust Shares Fund 11 Account Code: PICGSF C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Citicorp Nominees Pty Ltd A/C EASS11 GPO Box 764G Melbourne VIC 3001
PMCPSF	Citicorp Nominees Pty Ltd ACF:Commonwealth Property Fund 3 Account Code: PICPSF C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Citicorp Nominees Pty Ltd A/C EPSS03 GPO Box 764G Melbourne VIC 3001
PIAUST	JP Morgan Chase Nominees Limited ACF: Australian Super Ethical SRI Fund Account Code: PIAUST C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 36018 Locked Bag 7 Royal Exchange Sydney NSW 2000
PMHOST	JP Morgan Chase Nominees Limited ACF: Host - Plus Pty Ltd Account Code: PIHOST C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 20004 Locked Bag 7 Royal Exchange Sydney NSW 2000
PMSTA	JP Morgan Chase Nominees Limited ACF: Super Trust of Australia Account Code: PISTA C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JP Morgan Chase Nominees A/C 40909 Locked Bag 7 Royal Exchange Sydney NSW 2000
QITE2	RBC Dexia Investor Services Trust ACF: Quantitative Investments TE 2 Equity Fund Account Code: PIQTE2 GPO Box 5430 Sydney NSW 2001	RBC Dexia Investor Services Trust GPO Box 5430 Sydney NSW 2001
T2	Perpetual Trustee Company Limited (Private Client Division)	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
T3	Perpetual Trustees Victoria Limited (Private Client Division)	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001

This is Annexure 1 Page 3 of 4 of 604

T4	Perpetual Trustees Queensland Limited (Private Client Division)	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
T6	Perpetual Trustees WA Limited (Private Client Division)	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
T7	Perpetual Trustee Company Canberra Limited (Private Client Division)	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001
TEL	National Nominees Limited ACF: Telstra Superannuation Pty Limited Account Code: PITEL C/- RBC Dexia Investor Services Australia nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Australia Custodian Services A/C 3093-15 TSPPAE Level 21, 500 Bourke Street Melbourne VIC 3000

Perpetual Limited GPO BOX 4172 Sydney NSW 2001

This is Annexure 1 Page 4 of 4 of 604

ANNEXURE 2

PRESENT RELEVANT INTERESTS

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This is annexure 2 Page 1 of 1 referred to in Form 604 Title: Notice of change in interest of substantial holder

ANNEXURE 3

CHANGES IN RELEVENT INTERESTS

Account	Security		Volume		Value	Price		AsAtDate
PMWSCS	CDD		7,083		27,902	$	3.94	17/08/2010
PMWSCS	CDD		45,697		186,951	$	4.09	19/08/2010
PMWSCS	CDD		7,557		31,739	$	4.20	01/09/2010
PMWSCS	CDD	-	43,454	-	191,198	$	4.40	06/09/2010
PMWSCS	CDD	-	44,657	-	193,365	$	4.33	14/09/2010
PMWSCS	CDD		41,165		183,826	$	4.47	28/09/2010
PMWSCS	CDD		14,076		63,833	$	4.53	29/09/2010
PMWSCS	CDD		3,138		14,210	$	4.53	30/09/2010
PMWSCS	CDD		11,435		52,145	$	4.56	01/10/2010
PMWSCS	CDD		7,439		33,618	$	4.52	04/10/2010
PMWSCS	CDD		165,559		736,605	$	4.45	05/10/2010
PMWSCS	CDD		3,188		14,174	$	4.45	06/10/2010
PMWSCS	CDD		45,138		200,828	$	4.45	07/10/2010
PMWSCS	CDD		19,769		88,286	$	4.47	19/10/2010
PMWSCS	CDD	-	9,324	-	43,823	$	4.70	20/10/2010
PMWSCS	CDD	-	2,582	-	12,135	$	4.70	21/10/2010
PMWSCS	CDD	-	36,850	-	173,195	$	4.70	22/10/2010
PMWSCS	CDD	-	39,740	-	191,102	$	4.81	26/10/2010
PMWSCS	CDD	-	2,504	-	12,119	$	4.84	27/10/2010
PMWSCS	CDD	-	3,109	-	14,923	$	4.80	28/10/2010
PMWSCS	CDD	-	10,228	-	49,094	$	4.80	29/10/2010
PMWSCS	CDD	-	38,427	-	186,175	$	4.84	01/11/2010
PMWSCS	CDD	-	3,778	-	18,248	$	4.83	02/11/2010
PMWSCS	CDD	-	42,950	-	207,225	$	4.82	03/11/2010
PMWSCS	CDD		18,214		86,517	$	4.75	17/11/2010
PMWSCS	CDD		26,598		126,032	$	4.74	18/11/2010
PMWSCS	CDD		28,615		135,921	$	4.75	19/11/2010
PMWSCS	CDD		48,262		233,337	$	4.83	22/11/2010
PMWSCS	CDD		36,765		178,935	$	4.87	23/11/2010
PMWSCS	CDD		34,617		168,166	$	4.86	24/11/2010
PMWSCS	CDD		29,354		142,073	$	4.84	24/11/2010
PMWSCS	CDD		3,797		18,491	$	4.87	25/11/2010
PMWSCS	CDD		24,401		123,716	$	5.07	03/12/2010
PMWSCS	CDD	-	83,963	-	447,523	$	5.33	15/12/2010
PMWSCS	CDD	-	6,416	-	34,261	$	5.34	16/12/2010
PMWSCS	CDD	-	86,017	-	460,509	$	5.35	17/12/2010
PMWSCS	CDD	-	85,306	-	460,652	$	5.40	21/12/2010
PMWSCS	CDD	-	42,862	-	238,313	$	5.56	30/12/2010
PMWSCS	CDD	-	9,891	-	60,850	$	6.15	19/01/2011
PMWSCS	CDD		6,637		39,489	$	5.95	24/01/2011
PMWSCS	CDD		16,746		100,474	$	6.00	25/01/2011
PMWSCS	CDD		186,195		1,117,170	$	6.00	02/02/2011
PMWSCS	CDD		27,626		165,706	$	6.00	03/02/2011
PMWSCS	CDD		1,338		7,827	$	5.85	10/02/2011
PMWSCS	CDD		83,327		475,189	$	5.70	11/02/2011
PMWSCS	CDD		16,487		92,634	$	5.62	14/02/2011
PMWSCS	CDD		47,684		292,303	$	6.13	16/02/2011

This is annexure 3 Page 1 of 5 referred to in Form 604 Title: Notice of change in interest of substantial holder

PMWSCS	CDD		31,778		193,817	$	6.10	28/02/2011
PMWSCS	CDD	-	39,812	-	234,899	$	5.90	09/03/2011
PMWSCS	CDD		59,331		335,096	$	5.65	11/03/2011
PMWSCS	CDD		27,179		144,954	$	5.33	14/03/2011
PMWSCS	CDD	-	16,470	-	93,945	$	5.70	16/03/2011
PMWSCS	CDD		4,434		24,286	$	5.48	21/03/2011
PMWSCS	CDD		13,714		74,316	$	5.42	21/03/2011
PMWSCS	CDD		4,443		24,811	$	5.58	23/03/2011
PMWSCS	CDD		12,893		75,363	$	5.85	13/04/2011
PMWSCS	CDD		19,519		110,253	$	5.65	19/04/2011
PMWSCS	CDD		7,049		39,797	$	5.65	28/04/2011
PMWSCS	CDD	-	85,763	-	486,173	$	5.67	29/04/2011
PMWSCS	CDD		9,349		50,676	$	5.42	18/05/2011
PMWSCS	CDD		11,085		60,085	$	5.42	19/05/2011
PMWSCS	CDD		2,620		14,253	$	5.44	23/05/2011
PMWSCS	CDD		33,742		183,469	$	5.44	24/05/2011
PMWSCS	CDD		23,637		128,585	$	5.44	25/05/2011
PMWSCS	CDD		1,081		5,881	$	5.44	26/05/2011
PMWSCS	CDD		1,640		8,922	$	5.44	30/05/2011
PMWSCS	CDD		53,363		304,564	$	5.71	01/06/2011
PMWSCS	CDD		34,421		198,630	$	5.77	02/06/2011
PMWSCS	CDD		8,425		48,807	$	5.79	03/06/2011
PMWSCS	CDD		35,570		188,877	$	5.31	22/06/2011
PMWSCS	CDD		24,604		137,777	$	5.60	04/07/2011
PMWSCS	CDD		1,984		11,003	$	5.55	04/07/2011
PMWSCS	CDD		2,907		16,507	$	5.68	05/07/2011
PMWSCS	CDD		2,474		13,547	$	5.48	15/07/2011
PMWSCS	CDD		2,984		16,412	$	5.50	18/07/2011
PMWSCS	CDD		11,386		62,558	$	5.49	19/07/2011
PMWSCS	CDD	-	304,479	-	1,720,306	$	5.65	20/07/2011
PMWSCS	CDD		31,396		171,488	$	5.46	27/07/2011
PMWSCS	CDD		18,128		97,414	$	5.37	29/07/2011
PMWSCS	CDD		38,560		211,309	$	5.48	04/08/2011
PMWSCS	CDD		20,000		109,326	$	5.47	04/08/2011
PMWSCS	CDD		46,849		231,903	$	4.95	05/08/2011
PMWSCS	CDD		16,036		79,308	$	4.95	05/08/2011
PMWSCS	CDD		85,205		412,588	$	4.84	08/08/2011
PMWSCS	CDD		73,995		337,869	$	4.57	09/08/2011
PMWSCS	CDD	-	21,577	-	112,651	$	5.22	12/08/2011
PMWSCS	CDD	-	7,461	-	41,161	$	5.52	16/08/2011
PMWSCS	CDD	-	10,730	-	59,126	$	5.51	17/08/2011
PMWSCS	CDD	-	2,000	-	10,840	$	5.42	18/08/2011
PMWSCS	CDD	-	14,000	-	74,780	$	5.34	24/08/2011
PMWSCS	CDD		405		2,101	$	5.19	08/09/2011
PMWSCS	CDD		36,684		174,033	$	4.74	23/09/2011
PMWSCS	CDD		19,453		89,147	$	4.58	30/09/2011
PISMA1	CDD	-	3,150	-	17,364	$	5.51	29/12/2010
PISMA1	CDD		1,075		4,999	$	4.65	30/09/2011
PMWSR2	CDD		6,881		41,141	$	5.98	15/02/2011
PMWSR2	CDD		5,276		28,898	$	5.48	21/03/2011
PMWSR2	CDD		8,130		44,056	$	5.42	21/03/2011
PMWSR2	CDD		56,807		318,108	$	5.60	04/05/2011
PMWSR2	CDD		9,895		55,412	$	5.60	05/05/2011

This is annexure 3 Page 2 of 5 referred to in Form 604 Title: Notice of change in interest of substantial holder

PMWSR2	CDD		386		2,127	$	5.51	16/05/2011
PMWSR2	CDD		18,607		103,734	$	5.58	17/05/2011
PMWSR2	CDD		14,960		80,941	$	5.41	19/05/2011
PMWSR2	CDD		21,705		118,223	$	5.45	30/05/2011
PMWSR2	CDD		10,999		59,725	$	5.43	31/05/2011
PMWSR2	CDD		2,218		12,798	$	5.77	02/06/2011
PMWSR2	CDD		164		928	$	5.66	07/06/2011
PMWSR2	CDD		50,000		247,500	$	4.95	05/08/2011
PMWSR2	CDD		17,114		84,639	$	4.95	05/08/2011
PIAUST	CDD		9,599		57,391	$	5.98	15/02/2011
PIAUST	CDD		2,176		11,919	$	5.48	21/03/2011
PIAUST	CDD		7,888		42,745	$	5.42	21/03/2011
PIAUST	CDD		34,558		193,518	$	5.60	04/05/2011
PIAUST	CDD		18,797		105,263	$	5.60	09/05/2011
PIAUST	CDD		2,033		11,385	$	5.60	10/05/2011
PIAUST	CDD		5,917		32,987	$	5.58	17/05/2011
PIAUST	CDD		3,231		17,599	$	5.45	30/05/2011
PIAUST	CDD		2,108		12,163	$	5.77	02/06/2011
PIAUST	CDD		5,048		28,566	$	5.66	07/06/2011
PIAUST	CDD		70,000		388,451	$	5.55	08/06/2011
PIAUST	CDD		3,945		21,678	$	5.50	09/06/2011
PIAUST	CDD	-	10,065	-	54,966	$	5.46	04/08/2011
PIMEDA	CDD		2,917		11,491	$	3.94	17/08/2010
PIMEDA	CDD		9,776		39,995	$	4.09	19/08/2010
PIMEDA	CDD		4,114		17,279	$	4.20	01/09/2010
PIMEDA	CDD	-	6,546	-	28,802	$	4.40	06/09/2010
PIMEDA	CDD	-	5,343	-	23,135	$	4.33	14/09/2010
PIMEDA	CDD		8,835		39,454	$	4.47	28/09/2010
PIMEDA	CDD		2,567		11,641	$	4.53	29/09/2010
PIMEDA	CDD		869		3,935	$	4.53	30/09/2010
PIMEDA	CDD		1,933		8,815	$	4.56	01/10/2010
PIMEDA	CDD		1,229		5,554	$	4.52	04/10/2010
PIMEDA	CDD		18,355		81,665	$	4.45	05/10/2010
PIMEDA	CDD		9,674		43,011	$	4.45	06/10/2010
PIMEDA	CDD		13,454		60,084	$	4.47	19/10/2010
PIMEDA	CDD	-	1,419	-	6,669	$	4.70	20/10/2010
PIMEDA	CDD	-	10,568	-	49,670	$	4.70	21/10/2010
PIMEDA	CDD	-	2,813	-	13,527	$	4.81	26/10/2010
PIMEDA	CDD	-	107	-	518	$	4.84	27/10/2010
PIMEDA	CDD	-	138	-	662	$	4.80	28/10/2010
PIMEDA	CDD	-	1,360	-	6,528	$	4.80	29/10/2010
PIMEDA	CDD	-	5,335	-	25,848	$	4.84	01/11/2010
PIMEDA	CDD	-	403	-	1,946	$	4.83	02/11/2010
PIMEDA	CDD	-	7,050	-	34,015	$	4.82	03/11/2010
PIMEDA	CDD		4,020		19,095	$	4.75	17/11/2010
PIMEDA	CDD		4,293		20,342	$	4.74	18/11/2010
PIMEDA	CDD		4,336		20,596	$	4.75	19/11/2010
PIMEDA	CDD		14,240		69,306	$	4.87	23/11/2010
PIMEDA	CDD		324		1,568	$	4.84	24/11/2010
PIMEDA	CDD		383		1,861	$	4.86	24/11/2010
PIMEDA	CDD		11,203		54,559	$	4.87	25/11/2010
PIMEDA	CDD		5,004		25,371	$	5.07	03/12/2010
PIMEDA	CDD	-	16,530	-	88,105	$	5.33	15/12/2010

This is annexure 3 Page 3 of 5 referred to in Form 604 Title: Notice of change in interest of substantial holder

PIMEDA	CDD	-	1,188	-	6,344	$	5.34	16/12/2010
PIMEDA	CDD	-	13,983	-	74,861	$	5.35	17/12/2010
PIMEDA	CDD	-	14,694	-	79,348	$	5.40	21/12/2010
PIMEDA	CDD	-	7,138	-	39,687	$	5.56	30/12/2010
PIMEDA	CDD	-	551	-	3,390	$	6.15	19/01/2011
PIMEDA	CDD		3,786		22,526	$	5.95	24/01/2011
PIMEDA	CDD		2,292		13,752	$	6.00	25/01/2011
PIMEDA	CDD		31,429		188,574	$	6.00	02/02/2011
PIMEDA	CDD		4,750		28,491	$	6.00	03/02/2011
PIMEDA	CDD		6,744		38,459	$	5.70	11/02/2011
PIMEDA	CDD		2,521		14,164	$	5.62	14/02/2011
PIMEDA	CDD		7,472		45,803	$	6.13	16/02/2011
PIMEDA	CDD		6,730		41,047	$	6.10	28/02/2011
PIMEDA	CDD	-	924	-	5,452	$	5.90	09/03/2011
PIMEDA	CDD		10,669		60,257	$	5.65	11/03/2011
PIMEDA	CDD		4,608		24,576	$	5.33	14/03/2011
PIMEDA	CDD	-	1,240	-	7,073	$	5.70	16/03/2011
PIMEDA	CDD		3,018		16,530	$	5.48	21/03/2011
PIMEDA	CDD		2,304		12,485	$	5.42	21/03/2011
PIMEDA	CDD		1,111		6,204	$	5.58	23/03/2011
PIMEDA	CDD		383		2,163	$	5.65	19/04/2011
PIMEDA	CDD		2,460		13,889	$	5.65	28/04/2011
PIMEDA	CDD	-	14,237	-	80,707	$	5.67	29/04/2011
PIMEDA	CDD		3,333		18,067	$	5.42	18/05/2011
PIMEDA	CDD		3,253		17,633	$	5.42	19/05/2011
PIMEDA	CDD		377		2,051	$	5.44	23/05/2011
PIMEDA	CDD		4,857		26,409	$	5.44	24/05/2011
PIMEDA	CDD		3,267		17,772	$	5.44	25/05/2011
PIMEDA	CDD		1,759		9,569	$	5.44	30/05/2011
PIMEDA	CDD		9,085		51,852	$	5.71	01/06/2011
PIMEDA	CDD		6,141		35,437	$	5.77	02/06/2011
PIMEDA	CDD		490		2,839	$	5.79	03/06/2011
PIMEDA	CDD		12,949		68,759	$	5.31	22/06/2011
PIMEDA	CDD		7,941		43,422	$	5.47	01/07/2011
PIMEDA	CDD		6,396		35,816	$	5.60	04/07/2011
PIMEDA	CDD		516		2,862	$	5.55	04/07/2011
PIMEDA	CDD		11,593		65,829	$	5.68	05/07/2011
PIMEDA	CDD		6,078		33,282	$	5.48	15/07/2011
PIMEDA	CDD		2,952		16,236	$	5.50	18/07/2011
PIMEDA	CDD		1,851		10,170	$	5.49	19/07/2011
PIMEDA	CDD		503		2,767	$	5.50	20/07/2011
PIMEDA	CDD	-	35,521	-	200,694	$	5.65	20/07/2011
PIMEDA	CDD		7,038		38,298	$	5.44	28/07/2011
PIMEDA	CDD		8,915		47,907	$	5.37	29/07/2011
PIMEDA	CDD		1,078		5,331	$	4.95	05/08/2011
PIMEDA	CDD		3,151		15,597	$	4.95	05/08/2011
PIMEDA	CDD		14,795		71,642	$	4.84	08/08/2011
PIMEDA	CDD		22,709		103,692	$	4.57	09/08/2011
PIMEDA	CDD	-	2,176	-	11,361	$	5.22	12/08/2011
PIMEDA	CDD	-	1,831	-	10,101	$	5.52	16/08/2011
PIMEDA	CDD		9,363		49,083	$	5.24	02/09/2011
PIMEDA	CDD		11,585		59,457	$	5.13	07/09/2011
PIMEDA	CDD		11,595		60,149	$	5.19	08/09/2011

This is annexure 3 Page 4 of 5 referred to in Form 604 Title: Notice of change in interest of substantial holder

PIMEDA	CDD	19,000	95,488	$	5.03	13/09/2011
PIMEDA	CDD	13,316	63,172	$	4.74	23/09/2011
PIMEDA	CDD	7,865	36,043	$	4.58	30/09/2011
PISMA2	CDD	5,000	25,750	$	5.15	24/06/2011

This is annexure 3 Page 5 of 5 referred to in Form 604 Title: Notice of change in interest of substantial holder