Perpetual Limited — Major Shareholding Notification 2017

Jan 11, 2017

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme BORAL LIMITED ACN/ARSN 008 421 761

1. Details of substantial holder (1)

Name	PERPETUAL LIMITED and its related bodies corporate	PERPETUAL LIMITED and its related bodies corporate
ACN (if applicable)	000	431 827
There was a change in the interests of the
Substantial holder on		10 /01/_2017__
The previous notice was given to the company	on	_06 /12/2016__
The previous notice was dated		_24 /11/2016__

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	65,009,114	8.74%	90,066,921	7.68%

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:

Name and ACN (if applicable) Nature of association Perpetual Investment Management Limited Related bodies corporate of Perpetual Limited Perpetual Trustee Company Limited Related bodies corporate of Perpetual Limited

6. Addresses

==> picture [412 x 85] intentionally omitted <==

----- Start of picture text -----

The addresses of persons named in this form are as follows:
Name Address
Perpetual Limited 18/123 Pitt Street Sydney, NSW 2000
Perpetual Investment Management Limited 18/123 Pitt Street Sydney, NSW 2000
Perpetual Trustee Company Limited 18/123 Pitt Street Sydney, NSW 2000
----- End of picture text -----

Signature

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 Investor Services Australia Nominees Pty Ltd ACF: PIML (Select Investments) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Limited GPO Box 5430, Sydney NSW 2001
PCEF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual's Wholesale Concentrated Equity Fund Account Code: PICEF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIBIAS	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Pure Value Share Fund Account Code: PIBIAS GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIDGPF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Dynamic Global Property Fund Account Code: PIDGPF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001
PIGPVF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual's Pure Value 2 Share Fund Account Code: PIGPVF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIGSFP	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual's Australian Share Fund Account Code: PIGSFP GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIICAP	RBC Investor Services Australia Nominees Pty Ltd ACF: WealthFocus Investment Advantage Perpetual Australian Share Fund Account Code: PIICAP GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Limited A/C> GPO Box 5430 Sydney NSW 2001
PMISF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual's Industrial Share Fund Account Code: PMISF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIRAF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Resources Fund Account code: PIRAF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PISINP	RBC Investor Services Australia Nominees Pty Ltd ACF: WealthFocus Investment Advantage Perpetual Industrial Share Fund Account Code: PISINP GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Limited A/C> GPO Box 5430 Sydney NSW 2001
PISMA1	RBC Investor Services Australia Nominees Pty Ltd ACF: SMA Equity Imputation Portfolio Account Code: PISMA1 GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PISMA2	RBC Investor Services Australia Nominees Pty Ltd ACF: SMA Capital Accumulation Portfolio Account Code: PISMA2 GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIWGAP	UBS Nominee Pty Ltd ACF: Perpetual Wholesale Geared Australian Share Fund Account code: A1044169 C/- RBC Investor Services Australia Nominees Pty Ltd 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: A1019475 C/- RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001	UBS Nominee Pty Ltd Level 16, Chifley Tower 2 Chifley Square Sydney NSW 2000

This is Annexure 1 Page 1 of 5 referred to in Form 604

PIWJPI	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual JF Wholesale Prop Income Fund Account Code: PIWJPI GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIWMCX	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Pure Microcap Pool Account Code: PIWMCX GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIWEYX	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Pure Equity Yield Pool Account Code: PIWEYX GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIWARX	UBS Nominee Pty Ltd ACF: Perpetual Pure Equity Alpha Pool Account code: A1081898/A8081898 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	UBS Nominees Pty Ltd Level 16 Chifley Tower 2 Chifley Square Sydney NSW 2000
PIWSPP	UBS Nominee Pty Ltd ACF: Perpetual Wholesale Share Plus Fund Account code: A111267 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	UBS Nominees Pty Ltd Level 16 Chifley Tower 2 Chifley Square Sydney NSW 2000
PIWSRP	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Wholesael Ethical Fund Account Code: PIWSRP GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PMWSC	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Wholesale Smaller Company Fund Account Code: PIWSCS GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PPSF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Wholesale Property Securities Fund Account Code: PPSF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PISTIF	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Pure Credit Alpha Fund Account Code: PISTIF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIPAEQ	RBC Investor Services Australia Nominees Pty Ltd ACF: Trust Company Australian Share Fund Account Code: PIPAEQ GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIIMPF	RBC Investor Services Australia Nominees Pty Ltd ACF: Trust Company Share Imputation Fund Account Code: PIIMPF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIPICF	RBC Investor Services Australia Nominees Pty Ltd ACF: Trust Company Income Fund Account Code: PIPICF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
PIDVPF	RBC Investor Services Australia Nominees Pty Ltd ACF: Trust Company Diversified Property Fund Account Code: PIDVPF GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
Perpetual Investments Management Limited (PIML), subsidiary of Perpetual Limited, as Trustee for:
ALL 'SS' CODES	RBC Investor Services Australia Nominees Pty Ltd ACF: PIML (Select Super) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd ACF: PIML (Select Super) RBC Dexia Investor Services Australia Pty Limited GPO Box 5430 Sydney NSW 2001

This is Annexure 1 Page 2 of 5 referred to in Form 604

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

INTERNAL CODE	ACCOUNT DETAILS	REGISTRATION DETAILS
PEPIC	RBC Investor Services Australia Nominees Pty Ltd ACF: Perpetual Equity Investment Company Ltd Account Code: PEPIC GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001
CBAISF	Citicorp Nominees Pty Ltd. ACF: Commonwealth Aust Shares Fund 4 Account Code:2350910000 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
PICISP	Citicorp Nominees Pty Ltd. ACF: Commonwealth Aust Shares Fund 4 Account Code:2350910000 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
NSWTC	BNP Paribas Noms Pty Ltd ACF: NSW Treasury Corporation Account Code: 1140474512D C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	BNP Paribas Noms Pty Ltd P.O. Box R209 Royal Exchange Sydney NSW 1225
PIACT	Northern Trust ACF: Australian Capital Territory Treasury Account Code:ASPA10 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
PIAVIV	National Nominees Pty Ltd ACF: NAVIGATOR AUSTRALIA LIMITED Account Code: M4NIPA C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
PIACSR	BNP Paribas Noms Pty Ltd ACF: Australian Catholic Superannuation & Retirement Fund Account code: 1140401985T C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
PIAVSU	BNP Paribas Noms Pty Ltd ACF: AvSuper Pty Ltd Account code: 1140421969Z C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
PICHRS	State Street Australia Limited ACF: CHRISTIAN SUPER Account code: CSEH C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	HSBC Custody Nominees (Australia) Limited Level 13 580 George St Sydney NSW 2000
PICLUB	JPMorgan Nominees Australia Limited ACF: Club Plus Superannuation Account Code: EDA65 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PICSRI	Northern Trust ACF: Commonwealth Australian Shares Fund 34 Account Code: CASF01 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001
PIEFM6	BNP Paribas Nominees Pty Ltd ACF: EFM Australian Share Fund 6 Account Code: 1140429625S C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
PIFIRS	BNP Paribas Nominees Pty Ltd ACF: FIRST SUPER MANDATE AUSTRALIA Account Code: TIPTAE C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
PIGESB	Northern Trust ACF: Government Employees Superannuation Board Account Code:GJ330 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001

This is Annexure 1 Page 3 of 5 referred to in Form 604

PIHEST	JPMorgan Nominees Australia Limited ACF: HEST Australia Limited Account Code: 33112 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PIMEDA	BNP Paribas Nominees Pty Ltd ACF: MEDIA SUPER SMALLER COMPANIES FUND Account code: 1140489689B C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
PINGSS	State Street Australia Limited ACF: NGS SUPER PTY LTD Account code: SDA7 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	HSBC Custody Nominees (Australia) Limited Level 13 580 George St Sydney NSW 2000
PIRAEO	State Street Australia Limited ACF: RUSSELL AUSTRALIAN OPPORTUNITIES FUND Account code: BT7B C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	HSBC Custody Nominees (Australia) Limited Level 13 580 George St Sydney NSW 2000
PITWUS	BNP Paribas Nominees Pty Ltd ACF: TWU SUPERANNUATION Account Code: 1140417408H C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
PIVEAF	National Nominees Ltd ACF: Pooled Super Pty Ltd Account Code: VTETAE C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
PIVISI	National Nominees Ltd ACF: Pooled Super Pty Ltd Account Code: VTPTSC C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
PMCBUS	JPMorgan Nominees Australia Limited ACF: Construction and Building Union Superannuation Fund Account Code: AEQ76 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PMCGSF	Citicorp Nominees Pty Ltd ACF: Commonwealth Aust Shares Fund 11 Account Code: 123696 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
PMCPSF	Citicorp Nominees Pty Ltd ACF:Commonwealth Property Fund 3 Account Code: 1165084027 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	Citicorp Nominees Pty Ltd GPO Box 764G Melbourne VIC 3001
PIAUST	JPMorgan Nominees Australia Limited ACF: Australian Super Ethical SRI Fund Account Code: 36018 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PIASSA	JPMorgan Nominees Australia Limited ACF: Australian Super Ethical SRI Fund Account Code: 36018 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PMSTA	JPMorgan Nominees Australia Limited ACF: Super Trust of Australia Account Code:40909 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PIMSLC	BNP Paribas Nominees Pty Ltd ACF: Media Super Concentrated Equity Fund Account code: 1140413243C C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	BNP Paribas Nominees Pty Ltd PO Box R209 Royal Exchange NSW 1225
T2	Perpetual Trustee Company Limited (Private Client Division)	Perpetual Trustee Company Limited GPO Box 4172 Sydney NSW 2001

This is Annexure 1 Page 4 of 5 referred to in Form 604

T3	The Trust Company Limited (Personal Client Services)	The Trust Company Limited GPO Box 4270 Sydney NSW 2001
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	JPMorgan Nominees Australia Limited ACF: Telstra Superannuation Pty Limited Account Code: EAV84 C/- RBC Investor Services Australia nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PIVICS	National Nominees Pty Ltd ACF: Vic Super Pty Limited Account Code: VSPSAS C/- RBC Investor Services Australia nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
PICATH	National Nominees Pty Ltd ACF: CATHOLIC SUPER FUND PTY LTD Account Code: CDPRDE C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	National Nominees Pty Ltd PO Box 1406 Melbourne VIC 3001
PIHEAL	JPMorgan Nominees Australia Limited ACF: HEALTH SUPER PTY LTD Account Code: PIHEAL C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PILGSS	JPMorgan Nominees Australia Limited ACF: HEST Australia Limited Account Code: 56566 C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2002	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PILUCR	JPMorgan Nominees Australia Limited ACF: LUCRF PTY LTD MANDATE Account code: PILUCR C/- RBC Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2000	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PISTCF	JPMorgan Nominees Australia Limited ACF: SAS Trustee Corporation Account code: 34893 C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PMHOST	JPMorgan Nominees Australia Limited ACF: Host - Plus Pty Ltd Account Code: PIHOST C/- RBC Dexia Investor Services Australia Nominees Pty Limited GPO Box 5430 Sydney NSW 2001	JPMorgan Nominees Australia Limited Locked Bag 20049 Melbourne VIC 3001
PIWQLS	UBS Nominees 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 Nominees Pty Ltd Level 16 Chifley Tower 2 Chifley Square Sydney NSW 2000
QITE2	RBC Investor Services Australia Nominees Pty Ltd ACF: Quantitative Investments TE 2 Equity Fund Account Code: PIQTE2 GPO Box 5430 Sydney NSW 2001	RBC Investor Services Australia Nominees Pty Ltd GPO Box 5430 Sydney NSW 2001

Perpetual Limited GPO BOX 4172 Sydney NSW 2001

This is Annexure 1 Page 5 of 5 referred to in Form 604

ANNEXURE 2

PRESENT RELEVANT INTERESTS

ASXCode	Portfolio	Holding
BLD	NSWTC	1,403,807
BLD	PCAEPR	4,239,695
BLD	PCEF	2,303,404
BLD	PIACT	526,511
BLD	PIASSA	2,159,573
BLD	PIAVIV	348,257
BLD	PIAVSU	285,692
BLD	PIBIAS	600,957
BLD	PICHRS	673,592
BLD	PICISP	2,616,445
BLD	PICLUB	305,560
BLD	PICSRI	122,090
BLD	PIEFM6	1,537,226
BLD	PIFIRS	403,144
BLD	PIGESB	2,035,244
BLD	PIGSFP	12,408,138
BLD	PIHEST	1,426,079
BLD	PIICAP	2,190,877
BLD	PIIMPF	353,358
BLD	PIMEDA	281,918
BLD	PIMSLC	966,791
BLD	PINGSS	617,115
BLD	PIPAEQ	305,824
BLD	PIRAEO	319,511
BLD	PISINP	1,420,102
BLD	PITWUS	548,559
BLD	PIVEAF	2,511,722
BLD	PIVISI	214,997
BLD	PIWARX	455,495
BLD	PIWGAP	9,693,444
BLD	PIWSPP	7,644,610
BLD	PIWSRP	11,262,801
BLD	PMCBUS	2,241,006
BLD	PMCGSF	3,469,339
BLD	PMISF	6,826,544
BLD	PMSTA	3,111,242
BLD	PMWSC	1,381,100
BLD	T2	71,735
BLD	TEL	783,417

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

ANNEXURE 3

CHANGES IN RELEVANT INTERESTS

Account	Security		Volume	Value	Value	Price		AsAtDate
PCAEPR	BLD		13,475	$	69,987.44	$	5.19	08/12/2016
PCAEPR	BLD		29,429	$	149,089.58	$	5.06	06/12/2016
PCAEPR	BLD		14,413	$	72,819.61	$	5.04	06/12/2016
PCAEPR	BLD		17,163	$	85,946.94	$	5.00	05/12/2016
PCAEPR	BLD		8,004	$	40,133.64	$	5.01	05/12/2016
PCAEPR	BLD		49,036	$	245,556.96	$	5.00	05/12/2016
PCAEPR	BLD		101,443	$	507,060.12	$	4.99	01/12/2016
PCAEPR	BLD		4,183	$	20,989.05	$	5.01	30/11/2016
PCAEPR	BLD		72,764	$	364,565.83	$	5.00	30/11/2016
PCAEPR	BLD		201,986	$	969,532.80	$	4.80	24/11/2016
PCAEPR	BLD		376,065	$	1,805,112.00	$	4.80	24/11/2016
PCAEPR	BLD		213,514	$	1,024,867.20	$	4.80	24/11/2016
PCAEPR	BLD		770,934	$	3,700,483.20	$	4.80	24/11/2016
PCEF	BLD		28,620	$	148,648.65	$	5.19	08/12/2016
PCEF	BLD		70,083	$	355,045.88	$	5.06	06/12/2016
PCEF	BLD		34,323	$	173,412.02	$	5.04	06/12/2016
PCEF	BLD		41,303	$	206,832.51	$	5.00	05/12/2016
PCEF	BLD		118,009	$	590,952.20	$	5.00	05/12/2016
PCEF	BLD		19,263	$	96,588.49	$	5.01	05/12/2016
PCEF	BLD		243,082	$	1,215,038.90	$	4.99	01/12/2016
PCEF	BLD		9,873	$	49,539.78	$	5.01	30/11/2016
PCEF	BLD		171,748	$	860,500.42	$	5.00	30/11/2016
PCEF	BLD		486,677	$	2,336,049.60	$	4.80	24/11/2016
PIWGAP	BLD	-	667,471	$	3,576,209.25	$	5.37	10/01/2017
PIWGAP	BLD		540,004	$	2,946,897.70	$	5.45	05/01/2017
PIWGAP	BLD	-	456,583	$	2,483,594.12	$	5.45	03/01/2017
PIWGAP	BLD	-	299,531	$	1,620,573.17	$	5.42	30/12/2016
PIWGAP	BLD	-	218,435	$	1,185,041.76	$	5.43	29/12/2016
PIWGAP	BLD	-	8,881	$	48,296.00	$	5.45	29/12/2016
PIWGAP	BLD	-	50,663	$	276,245.26	$	5.46	28/12/2016
PIWGAP	BLD	-	200,987	$	1,090,925.65	$	5.44	28/12/2016
PIWGAP	BLD	-	548,932	$	2,954,742.50	$	5.39	23/12/2016
PIWGAP	BLD	-	17,738	$	95,722.94	$	5.40	23/12/2016
PIWGAP	BLD	-	175,647	$	950,069.51	$	5.42	22/12/2016
PIWGAP	BLD	-	1,009,113	$	5,460,580.24	$	5.42	22/12/2016
PIWGAP	BLD		3,977,460	$	19,091,808.00	$	4.80	24/11/2016
T2	BLD	-	24,200	$	131,164.00	$	5.42	22/12/2016
PIACT	BLD		19,107	$	96,808.41	$	5.06	06/12/2016
PIACT	BLD		9,358	$	47,285.26	$	5.04	06/12/2016
PIACT	BLD		31,043	$	155,471.10	$	5.00	05/12/2016
PIACT	BLD		5,067	$	25,409.80	$	5.01	05/12/2016
PIACT	BLD		10,865	$	54,414.64	$	5.00	05/12/2016
PIACT	BLD		52,318	$	261,539.50	$	4.99	01/12/2016
PIACT	BLD		716	$	3,593.08	$	5.01	30/11/2016
PIACT	BLD		12,454	$	62,406.99	$	5.00	30/11/2016
PIACT	BLD		119,746	$	574,780.80	$	4.80	24/11/2016
PIBIAS	BLD	-	31,210	$	170,169.53	$	5.46	10/01/2017

This is annexure 3 Page 1 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder

PIBIAS	BLD	-	30,000	$	162,883.18	$	5.44	04/01/2017
PIBIAS	BLD		123,722	$	651,047.21	$	5.25	16/12/2016
PIBIAS	BLD		538,445	$	2,772,991.75	$	5.15	15/12/2016
PMCBUS	BLD		31,849	$	165,438.26	$	5.19	08/12/2016
PMCBUS	BLD		68,488	$	347,004.47	$	5.06	06/12/2016
PMCBUS	BLD		33,542	$	169,485.16	$	5.04	06/12/2016
PMCBUS	BLD		114,391	$	572,898.72	$	5.00	05/12/2016
PMCBUS	BLD		18,672	$	93,635.61	$	5.01	05/12/2016
PMCBUS	BLD		40,037	$	200,515.31	$	5.00	05/12/2016
PMCBUS	BLD		236,614	$	1,182,841.62	$	4.99	01/12/2016
PMCBUS	BLD		9,781	$	49,083.66	$	5.01	30/11/2016
PMCBUS	BLD		170,150	$	852,621.65	$	5.00	30/11/2016
PMCBUS	BLD		471,268	$	2,262,086.40	$	4.80	24/11/2016
PMCGSF	BLD	-	213,884	$	1,145,829.19	$	5.37	10/01/2017
PMCGSF	BLD		24,266	$	132,438.74	$	5.45	05/01/2017
PMCGSF	BLD	-	105,029	$	568,181.59	$	5.42	30/12/2016
PMCGSF	BLD	-	92,618	$	502,409.55	$	5.43	29/12/2016
PMCGSF	BLD	-	3,766	$	20,477.67	$	5.45	29/12/2016
PMCGSF	BLD	-	28,815	$	157,099.08	$	5.46	28/12/2016
PMCGSF	BLD	-	114,312	$	620,397.55	$	5.44	28/12/2016
PMCGSF	BLD	-	6,394	$	34,501.27	$	5.40	23/12/2016
PMCGSF	BLD	-	197,877	$	1,064,994.77	$	5.39	23/12/2016
PMCGSF	BLD	-	60,088	$	324,977.62	$	5.42	22/12/2016
PMCGSF	BLD	-	345,209	$	1,867,807.73	$	5.42	22/12/2016
PMCGSF	BLD		1,432,629	$	6,876,619.20	$	4.80	24/11/2016
PIEFM6	BLD	-	27,031	$	138,979.96	$	5.15	28/11/2016
PIEFM6	BLD	-	72,467	$	369,210.64	$	5.10	25/11/2016
PIEFM6	BLD	-	12,078	$	61,763.57	$	5.13	25/11/2016
PIEFM6	BLD		583,834	$	2,802,403.20	$	4.80	24/11/2016
PIHEST	BLD		20,196	$	104,907.25	$	5.19	08/12/2016
PIHEST	BLD		43,574	$	220,774.04	$	5.06	06/12/2016
PIHEST	BLD		21,340	$	107,829.39	$	5.04	06/12/2016
PIHEST	BLD		25,480	$	127,610.21	$	5.00	05/12/2016
PIHEST	BLD		11,883	$	59,590.40	$	5.01	05/12/2016
PIHEST	BLD		72,801	$	364,605.61	$	5.00	05/12/2016
PIHEST	BLD		150,573	$	752,719.67	$	4.99	01/12/2016
PIHEST	BLD		6,221	$	31,218.64	$	5.01	30/11/2016
PIHEST	BLD		108,224	$	542,310.46	$	5.00	30/11/2016
PIHEST	BLD		299,934	$	1,439,683.20	$	4.80	24/11/2016
NSWTC	BLD		19,701	$	102,336.00	$	5.19	08/12/2016
NSWTC	BLD		43,042	$	218,078.59	$	5.06	06/12/2016
NSWTC	BLD		21,079	$	106,510.57	$	5.04	06/12/2016
NSWTC	BLD		11,698	$	58,662.68	$	5.01	05/12/2016
NSWTC	BLD		25,083	$	125,621.93	$	5.00	05/12/2016
NSWTC	BLD		71,668	$	358,931.26	$	5.00	05/12/2016
NSWTC	BLD		148,259	$	741,151.91	$	4.99	01/12/2016
NSWTC	BLD		6,112	$	30,671.64	$	5.01	30/11/2016
NSWTC	BLD		106,327	$	532,804.60	$	5.00	30/11/2016
NSWTC	BLD		44,526	$	213,724.80	$	4.80	24/11/2016
NSWTC	BLD		250,765	$	1,203,672.00	$	4.80	24/11/2016
PMSTA	BLD		44,164	$	229,408.00	$	5.19	08/12/2016
PMSTA	BLD		95,104	$	481,858.32	$	5.06	06/12/2016
PMSTA	BLD		46,577	$	235,350.01	$	5.04	06/12/2016

This is annexure 3 Page 2 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder

PMSTA	BLD		55,531	$	278,113.13	$	5.00	05/12/2016
PMSTA	BLD		158,659	$	794,603.93	$	5.00	05/12/2016
PMSTA	BLD		25,899	$	129,877.29	$	5.01	05/12/2016
PMSTA	BLD		328,511	$	1,642,237.93	$	4.99	01/12/2016
PMSTA	BLD		13,509	$	67,791.76	$	5.01	30/11/2016
PMSTA	BLD		235,007	$	1,177,620.08	$	5.00	30/11/2016
PMSTA	BLD		654,746	$	3,142,780.80	$	4.80	24/11/2016
TEL	BLD		25,760	$	130,516.81	$	5.06	06/12/2016
TEL	BLD		12,616	$	63,747.68	$	5.04	06/12/2016
TEL	BLD		14,276	$	71,497.78	$	5.00	05/12/2016
TEL	BLD		40,788	$	204,276.50	$	5.00	05/12/2016
TEL	BLD		6,658	$	33,388.28	$	5.01	05/12/2016
TEL	BLD		85,305	$	426,442.66	$	4.99	01/12/2016
TEL	BLD		2,998	$	15,044.76	$	5.01	30/11/2016
TEL	BLD		52,160	$	261,373.76	$	5.00	30/11/2016
TEL	BLD		168,589	$	809,227.20	$	4.80	24/11/2016
PIGSFP	BLD	-	797,069	$	4,270,575.84	$	5.37	10/01/2017
PIGSFP	BLD	-	392,564	$	2,123,916.00	$	5.42	30/12/2016
PIGSFP	BLD	-	343,204	$	1,861,931.80	$	5.43	29/12/2016
PIGSFP	BLD	-	13,954	$	75,883.61	$	5.45	29/12/2016
PIGSFP	BLD	-	107,084	$	583,886.61	$	5.46	28/12/2016
PIGSFP	BLD	-	424,811	$	2,305,806.92	$	5.44	28/12/2016
PIGSFP	BLD	-	23,310	$	125,792.19	$	5.40	23/12/2016
PIGSFP	BLD	-	721,364	$	3,882,894.18	$	5.39	23/12/2016
PIGSFP	BLD	-	249,707	$	1,350,657.89	$	5.42	22/12/2016
PIGSFP	BLD	-	1,434,595	$	7,762,977.10	$	5.42	22/12/2016
PIGSFP	BLD		5,253,354	$	25,216,099.20	$	4.80	24/11/2016
PIICAP	BLD	-	144,432	$	773,844.95	$	5.37	10/01/2017
PIICAP	BLD	-	69,476	$	375,890.78	$	5.42	30/12/2016
PIICAP	BLD	-	60,000	$	325,508.76	$	5.43	29/12/2016
PIICAP	BLD	-	2,440	$	13,269.03	$	5.45	29/12/2016
PIICAP	BLD	-	18,739	$	102,176.34	$	5.46	28/12/2016
PIICAP	BLD	-	74,339	$	403,500.34	$	5.44	28/12/2016
PIICAP	BLD	-	4,118	$	22,222.75	$	5.40	23/12/2016
PIICAP	BLD	-	127,443	$	685,988.88	$	5.39	23/12/2016
PIICAP	BLD	-	43,719	$	236,474.80	$	5.42	22/12/2016
PIICAP	BLD	-	251,170	$	1,359,148.02	$	5.42	22/12/2016
PIICAP	BLD		927,563	$	4,452,302.40	$	4.80	24/11/2016
PISINP	BLD	-	23,454	$	120,602.39	$	5.15	28/11/2016
PISINP	BLD	-	70,226	$	357,833.33	$	5.10	25/11/2016
PISINP	BLD	-	11,704	$	59,860.03	$	5.13	25/11/2016
PISINP	BLD		173,435	$	832,488.00	$	4.80	24/11/2016
PISINP	BLD		363,782	$	1,746,153.60	$	4.80	24/11/2016
PMISF	BLD	-	110,865	$	570,076.91	$	5.15	28/11/2016
PMISF	BLD	-	336,349	$	1,713,850.75	$	5.10	25/11/2016
PMISF	BLD	-	56,058	$	286,708.30	$	5.13	25/11/2016
PMISF	BLD		834,307	$	4,004,673.60	$	4.80	24/11/2016
PMISF	BLD		1,748,014	$	8,390,467.20	$	4.80	24/11/2016
PMWSC	BLD	-	77,018	$	419,925.56	$	5.46	10/01/2017
PMWSC	BLD	-	134,669	$	739,056.64	$	5.50	09/01/2017
PMWSC	BLD	-	87,731	$	476,330.14	$	5.44	04/01/2017
PMWSC	BLD		363,605	$	1,913,354.30	$	5.25	16/12/2016
PMWSC	BLD		1,316,913	$	6,782,101.95	$	5.15	15/12/2016

This is annexure 3 Page 3 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder

PIWSRP	BLD	-	122,948	$	670,362.17	$	5.46	10/01/2017
PIWSRP	BLD	-	206,400	$	1,132,733.34	$	5.50	09/01/2017
PIWSRP	BLD	-	211,668	$	1,149,238.58	$	5.44	04/01/2017
PIWSRP	BLD	-	261,891	$	1,424,562.35	$	5.45	03/01/2017
PIWSRP	BLD		3,747,114	$	17,986,147.20	$	4.80	24/11/2016
PIWSPP	BLD		970,874	$	5,000,001.10	$	5.15	15/12/2016
PIFIRS	BLD		9,059	$	47,056.59	$	5.19	08/12/2016
PIFIRS	BLD		12,563	$	63,652.27	$	5.06	06/12/2016
PIFIRS	BLD		6,152	$	31,085.59	$	5.04	06/12/2016
PIFIRS	BLD		21,277	$	106,560.54	$	5.00	05/12/2016
PIFIRS	BLD		3,473	$	17,416.26	$	5.01	05/12/2016
PIFIRS	BLD		7,447	$	37,296.44	$	5.00	05/12/2016
PIFIRS	BLD		40,603	$	202,975.81	$	4.99	01/12/2016
PIFIRS	BLD		1,576	$	7,908.78	$	5.01	30/11/2016
PIFIRS	BLD		27,419	$	137,396.61	$	5.00	30/11/2016
PIFIRS	BLD		84,961	$	407,812.80	$	4.80	24/11/2016
PIAVIV	BLD	-	21,492	$	115,137.93	$	5.37	10/01/2017
PIAVIV	BLD	-	10,965	$	59,318.02	$	5.42	30/12/2016
PIAVIV	BLD	-	9,352	$	50,730.25	$	5.43	29/12/2016
PIAVIV	BLD	-	380	$	2,066.26	$	5.45	29/12/2016
PIAVIV	BLD	-	2,971	$	16,197.86	$	5.46	28/12/2016
PIAVIV	BLD	-	11,788	$	63,976.20	$	5.44	28/12/2016
PIAVIV	BLD	-	19,627	$	105,634.58	$	5.39	23/12/2016
PIAVIV	BLD	-	634	$	3,420.99	$	5.40	23/12/2016
PIAVIV	BLD	-	33,706	$	182,371.63	$	5.42	22/12/2016
PIAVIV	BLD	-	5,867	$	31,730.86	$	5.42	22/12/2016
PIAVIV	BLD		144,422	$	693,225.60	$	4.80	24/11/2016
PITWUS	BLD		7,699	$	39,992.12	$	5.19	08/12/2016
PITWUS	BLD		16,810	$	85,170.33	$	5.06	06/12/2016
PITWUS	BLD		8,233	$	41,600.72	$	5.04	06/12/2016
PITWUS	BLD		28,034	$	140,401.29	$	5.00	05/12/2016
PITWUS	BLD		4,576	$	22,947.54	$	5.01	05/12/2016
PITWUS	BLD		9,812	$	49,140.95	$	5.00	05/12/2016
PITWUS	BLD		57,931	$	289,599.08	$	4.99	01/12/2016
PITWUS	BLD		2,388	$	11,983.63	$	5.01	30/11/2016
PITWUS	BLD		41,547	$	208,192.02	$	5.00	30/11/2016
PITWUS	BLD		115,382	$	553,833.60	$	4.80	24/11/2016
PIRAEO	BLD		4,414	$	22,928.33	$	5.19	08/12/2016
PIRAEO	BLD		9,848	$	49,896.33	$	5.06	06/12/2016
PIRAEO	BLD		4,823	$	24,370.26	$	5.04	06/12/2016
PIRAEO	BLD		16,366	$	81,965.03	$	5.00	05/12/2016
PIRAEO	BLD		2,672	$	13,399.45	$	5.01	05/12/2016
PIRAEO	BLD		5,728	$	28,687.26	$	5.00	05/12/2016
PIRAEO	BLD		33,696	$	168,447.48	$	4.99	01/12/2016
PIRAEO	BLD		1,391	$	6,980.41	$	5.01	30/11/2016
PIRAEO	BLD		24,192	$	121,226.11	$	5.00	30/11/2016
PIRAEO	BLD		67,199	$	322,555.20	$	4.80	24/11/2016
PIMEDA	BLD	-	18,899	$	103,031.49	$	5.46	10/01/2017
PIMEDA	BLD	-	23,572	$	129,347.37	$	5.50	09/01/2017
PIMEDA	BLD	-	16,706	$	90,693.99	$	5.44	04/01/2017
PIMEDA	BLD		73,877	$	388,797.61	$	5.25	16/12/2016
PIMEDA	BLD		267,218	$	1,376,172.70	$	5.15	15/12/2016
PIWARX	BLD		36,000	$	182,378.78	$	5.06	06/12/2016

This is annexure 3 Page 4 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder

PIWARX	BLD		17,631	$	89,078.08	$	5.04	06/12/2016
PIWARX	BLD		60,000	$	300,461.25	$	5.00	05/12/2016
PIWARX	BLD		9,794	$	49,109.05	$	5.01	05/12/2016
PIWARX	BLD		21,000	$	105,161.44	$	5.00	05/12/2016
PIWARX	BLD		163,052	$	817,117.67	$	5.00	02/12/2016
PIWARX	BLD		85,000	$	424,870.24	$	4.99	01/12/2016
PIWARX	BLD		3,426	$	17,190.65	$	5.01	30/11/2016
PIWARX	BLD		59,592	$	298,570.82	$	5.00	30/11/2016
PIAVSU	BLD		4,005	$	20,803.80	$	5.19	08/12/2016
PIAVSU	BLD		8,757	$	44,368.61	$	5.06	06/12/2016
PIAVSU	BLD		4,289	$	21,671.99	$	5.04	06/12/2016
PIAVSU	BLD		2,383	$	11,950.18	$	5.01	05/12/2016
PIAVSU	BLD		14,599	$	73,115.44	$	5.00	05/12/2016
PIAVSU	BLD		5,109	$	25,587.15	$	5.00	05/12/2016
PIAVSU	BLD		30,170	$	150,820.89	$	4.99	01/12/2016
PIAVSU	BLD		1,243	$	6,237.70	$	5.01	30/11/2016
PIAVSU	BLD		21,626	$	108,367.89	$	5.00	30/11/2016
PIAVSU	BLD		8,610	$	41,328.00	$	4.80	24/11/2016
PIAVSU	BLD		51,486	$	247,132.80	$	4.80	24/11/2016
PIVISI	BLD	-	10,006	$	54,555.75	$	5.46	10/01/2017
PIVISI	BLD	-	19,359	$	106,241.21	$	5.50	09/01/2017
PIVISI	BLD	-	20,563	$	111,645.56	$	5.44	04/01/2017
PIVISI	BLD		57,404	$	302,070.08	$	5.25	16/12/2016
PIVISI	BLD		207,521	$	1,068,733.15	$	5.15	15/12/2016
PICLUB	BLD		4,286	$	22,260.94	$	5.19	08/12/2016
PICLUB	BLD		9,365	$	47,443.82	$	5.06	06/12/2016
PICLUB	BLD		4,587	$	23,175.16	$	5.04	06/12/2016
PICLUB	BLD		2,548	$	12,776.17	$	5.01	05/12/2016
PICLUB	BLD		15,608	$	78,159.99	$	5.00	05/12/2016
PICLUB	BLD		5,463	$	27,356.99	$	5.00	05/12/2016
PICLUB	BLD		32,269	$	161,295.74	$	4.99	01/12/2016
PICLUB	BLD		1,323	$	6,638.42	$	5.01	30/11/2016
PICLUB	BLD		23,024	$	115,355.99	$	5.00	30/11/2016
PICLUB	BLD		64,313	$	308,702.40	$	4.80	24/11/2016
PINGSS	BLD		13,852	$	71,945.53	$	5.19	08/12/2016
PINGSS	BLD		19,197	$	97,253.49	$	5.06	06/12/2016
PINGSS	BLD		9,401	$	47,497.20	$	5.04	06/12/2016
PINGSS	BLD		5,219	$	26,169.09	$	5.01	05/12/2016
PINGSS	BLD		31,971	$	160,100.77	$	5.00	05/12/2016
PINGSS	BLD		11,190	$	56,036.03	$	5.00	05/12/2016
PINGSS	BLD		63,140	$	315,603.61	$	4.99	01/12/2016
PINGSS	BLD		2,976	$	14,932.68	$	5.01	30/11/2016
PINGSS	BLD		51,773	$	259,395.67	$	5.00	30/11/2016
PINGSS	BLD		126,831	$	608,788.80	$	4.80	24/11/2016
PIPAEQ	BLD	-	20,181	$	108,126.76	$	5.37	10/01/2017
PIPAEQ	BLD		16,840	$	91,898.87	$	5.45	05/01/2017
PIPAEQ	BLD	-	21,452	$	116,688.67	$	5.45	03/01/2017
PIPAEQ	BLD	-	9,609	$	51,988.24	$	5.42	30/12/2016
PIPAEQ	BLD	-	14,690	$	79,695.40	$	5.43	29/12/2016
PIPAEQ	BLD	-	597	$	3,246.56	$	5.45	29/12/2016
PIPAEQ	BLD	-	13,337	$	72,391.13	$	5.44	28/12/2016
PIPAEQ	BLD	-	3,362	$	18,331.65	$	5.46	28/12/2016
PIPAEQ	BLD	-	18,087	$	97,357.10	$	5.39	23/12/2016

This is annexure 3 Page 5 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder

PIPAEQ	BLD	-	584	$	3,151.55	$	5.40	23/12/2016
PIPAEQ	BLD	-	31,668	$	171,364.02	$	5.42	22/12/2016
PIPAEQ	BLD	-	5,512	$	29,814.25	$	5.42	22/12/2016
PIPAEQ	BLD	-	13,213	$	71,599.51	$	5.43	21/12/2016
PIPAEQ	BLD	-	11,279	$	60,587.73	$	5.38	12/12/2016
PIPAEQ	BLD		140,545	$	674,616.00	$	4.80	24/11/2016
PIIMPF	BLD	-	25,471	$	136,469.79	$	5.37	10/01/2017
PIIMPF	BLD		18,890	$	103,086.08	$	5.45	05/01/2017
PIIMPF	BLD	-	21,965	$	119,479.14	$	5.45	03/01/2017
PIIMPF	BLD	-	12,826	$	69,393.39	$	5.42	30/12/2016
PIIMPF	BLD	-	400	$	2,175.25	$	5.45	29/12/2016
PIIMPF	BLD	-	9,834	$	53,350.89	$	5.43	29/12/2016
PIIMPF	BLD	-	3,802	$	20,730.80	$	5.46	28/12/2016
PIIMPF	BLD	-	15,084	$	81,873.57	$	5.44	28/12/2016
PIIMPF	BLD	-	731	$	3,944.83	$	5.40	23/12/2016
PIIMPF	BLD	-	22,623	$	121,773.08	$	5.39	23/12/2016
PIIMPF	BLD	-	9,460	$	51,168.87	$	5.42	22/12/2016
PIIMPF	BLD	-	54,347	$	294,086.15	$	5.42	22/12/2016
PIIMPF	BLD		158,699	$	761,755.20	$	4.80	24/11/2016
PIMSLC	BLD		23,129	$	120,129.10	$	5.19	08/12/2016
PIMSLC	BLD		30,507	$	154,550.82	$	5.06	06/12/2016
PIMSLC	BLD		14,940	$	75,482.20	$	5.04	06/12/2016
PIMSLC	BLD		18,147	$	90,874.50	$	5.00	05/12/2016
PIMSLC	BLD		51,847	$	259,633.57	$	5.00	05/12/2016
PIMSLC	BLD		8,463	$	42,435.16	$	5.01	05/12/2016
PIMSLC	BLD		96,155	$	480,628.20	$	4.99	01/12/2016
PIMSLC	BLD		3,202	$	16,066.68	$	5.01	30/11/2016
PIMSLC	BLD		55,702	$	279,080.94	$	5.00	30/11/2016
PIMSLC	BLD		206,428	$	990,854.40	$	4.80	24/11/2016
PIGESB	BLD		28,731	$	149,225.17	$	5.19	08/12/2016
PIGESB	BLD		62,366	$	315,950.97	$	5.06	06/12/2016
PIGESB	BLD		30,543	$	154,314.12	$	5.04	06/12/2016
PIGESB	BLD		16,960	$	85,040.79	$	5.01	05/12/2016
PIGESB	BLD		36,366	$	182,109.57	$	5.00	05/12/2016
PIGESB	BLD		103,903	$	520,313.75	$	5.00	05/12/2016
PIGESB	BLD		214,931	$	1,074,326.87	$	4.99	01/12/2016
PIGESB	BLD		9,685	$	48,596.45	$	5.01	30/11/2016
PIGESB	BLD		168,476	$	844,106.88	$	5.00	30/11/2016
PIGESB	BLD		423,380	$	2,032,224.00	$	4.80	24/11/2016
PIVEAF	BLD	-	31,525	$	171,887.04	$	5.46	10/01/2017
PIVEAF	BLD	-	52,800	$	289,769.00	$	5.50	09/01/2017
PIVEAF	BLD	-	65,550	$	355,899.75	$	5.44	04/01/2017
PIVEAF	BLD	-	68,400	$	372,063.44	$	5.45	03/01/2017
PIVEAF	BLD		847,825	$	4,069,560.00	$	4.80	24/11/2016
PICSRI	BLD	-	2,232	$	12,118.51	$	5.44	04/01/2017
PICSRI	BLD	-	1,709	$	9,296.14	$	5.45	03/01/2017
PICSRI	BLD		29,659	$	154,710.47	$	5.21	15/12/2016
PICSRI	BLD		29,929	$	143,659.20	$	4.80	24/11/2016
PICISP	BLD	-	45,361	$	233,223.70	$	5.15	28/11/2016
PICISP	BLD	-	120,958	$	616,266.44	$	5.10	25/11/2016
PICISP	BLD	-	20,160	$	103,092.70	$	5.13	25/11/2016
PICISP	BLD		327,870	$	1,573,776.00	$	4.80	24/11/2016
PICISP	BLD		660,382	$	3,169,833.60	$	4.80	24/11/2016

This is annexure 3 Page 6 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder

PIASSA	BLD	-	23,644	$	128,916.65	$	5.46	10/01/2017
PIASSA	BLD	-	43,200	$	237,083.73	$	5.50	09/01/2017
PIASSA	BLD	-	48,300	$	262,241.92	$	5.44	04/01/2017
PIASSA	BLD	-	51,600	$	280,679.43	$	5.45	03/01/2017
PIASSA	BLD		484,755	$	2,326,824.00	$	4.80	24/11/2016
PIASSA	BLD		237,703	$	1,140,974.40	$	4.80	24/11/2016
PICHRS	BLD	-	9,750	$	53,154.95	$	5.46	10/01/2017
PICHRS	BLD	-	20,000	$	109,748.61	$	5.50	09/01/2017
PICHRS	BLD	-	17,250	$	93,647.28	$	5.44	04/01/2017
PICHRS	BLD	-	100,159	$	546,015.80	$	5.46	03/01/2017
PICHRS	BLD	-	16,400	$	89,198.14	$	5.45	03/01/2017
PICHRS	BLD		259,985	$	1,247,928.00	$	4.80	24/11/2016

This is annexure 3 Page 7 of 7 referred to in Form 604 Title: Notice of change of interests of substantial holder