PREDICTIVE DISCOVERY LIMITED — Major Shareholding Notification 2013

Feb 27, 2013

FORM 604 Corporations Act 2001 Section 671B

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

To: Company Name/Scheme PDI - Predictive Discovery Limited ACN/ARSN 127 171 877 1. Details of Substantial Holder(1) Name Acorn Capital Limited ACN/ARSN (if applicable) 082 694 531 There was a change in the interests of the 28/02/2013 substantial holder on The previous notice was given to the company on 5/12/2012 The previous notice was dated 5/12/2012

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)	Previous notice	Previous notice	Present Notice	Present Notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary	19,802,574	8.48%	12,520,324	5.34%

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 a substantial holding notice to the company or scheme are as follows:

Date of Change	Person whose relevantinterest changed	Nature ofchange (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person's votesaffected
05-Dec-2012 to26-Feb-2013	Acorn Capital Limited	Sale	($358,844.95)	7,282,250	7,282,250

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4. Present relevant interests

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

Holder of Relevant Interest	Registered Holder of Securities	Person Entitledto be Registeredas	Nature ofrelevantinterest	Class andNumber ofSecurities	Person'sVotes
Queensland Local Government Superannuation	JP Morgan Chase			2,464,132	2,464,132
Commonwealth Bank Officers' Superannuation Fund	Citicorp Nominees			3,888,032	3,888,032
Acorn Capital Microcap Trust	National Nominees			6,168,160	6,168,160

5. Changes in Associates

The persons who have become associates (2) of, ceased to be associates, or have change 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/ARSN (if applicable) Name of Association

6. Addresses

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

Name	Address
All Relevant Holders	C/O Acorn Capital Limited, Level 12, 90 Collins Street, Melbourne Victoria 3000

Print Name	PAUL PALUMBO	Capacity	Portfolio Manager
Sign Here		Date	28/02/2013

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