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REGION GROUP Major Shareholding Notification 2018

Dec 9, 2018

65695_rns_2018-12-09_c13bface-3627-4e53-b24e-3b33fdfec658.pdf

Major Shareholding Notification

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Notice of change of interest of substantial shareholder Form 604
Corporations Law
Section 671B
SCA Property Group
To: Level 5, 50 Pitt Street
Sydney NSW 2000
1. Details of substantial shareholder

Legg Mason Asset Management Limited (ABN 76 004 838 849) and each of the bodies corporate listed in Annexure A There was a change in the interests of the substantial holder on 5/12/2018 The previous notice was given to the company on 9/1/2016 The previous notice was dated 9/5/2016

$2.$ Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give holding notice to the company or scheme, are as follows:

6.05%

Class ofsecurities Previous notice Present notice
Person's vote Voting Power Person's vote Voting Power
Fully PaidI Ordinary 44,423,959.00 6.05% 45,909,114.00 5.03%

$3.$ 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 ofchange Person whoserelevant interestchanged Nature of change Considerationgiven inrelation tochange Class and number of Person's votessecurities affected affected
5/12/2018 See Annexure B

$\overline{4}$ . Present relevant interests

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

Holder ofrelevantinterest andRegistedholder ofsecurities Person entitled to beregistered as holder Nature of relevant interest Class andnumber ofsecuritiesaffected
See Annexure C

5. Changes in associates

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

Name and ACN/ABN (if applicable) Nature of association

J.

6. Addresses

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

Name Nature of association
Legg Mason Asset ManagementAustralia Limited Level 47, 120 Collins Street, Melbourne VIC 3000

$\hat{\mathcal{L}}$

$\hat{\boldsymbol{\beta}}$

Dated

12/10/2018

$\tilde{\mathscr{L}}$ ್ನ

Rino Lupo Legg Mason Asset Management Australia Limited

$\bar{\mathcal{A}}$

ANNEXURE A

Legg Mason, Inc. Subsidiaries

Name of Undertaking Nature of Close Link
Legg Mason, Inc. Parent Undertaking
Legg Mason & Co., LLC Subsidiary of Parent Undertaking
Legg Mason Asset Management Australia Limited Subsidiary of Parent Undertaking
Legg Mason Asset Management Hong Kong Limited Subsidiary of Parent Undertaking
Legg Mason Asset Management (Japan) Co., Ltd. Subsidiary of Parent Undertaking
Legg Mason Asset Management Singapore Pte. Limited Subsidiary of Parent Undertaking
Legg Mason Charitable Foundation, Inc. Subsidiary of Parent Undertaking
Legg Mason International Equities Limited Subsidiary of Parent Undertaking
Legg Mason Investment Funds Limited Subsidiary of Parent Undertaking
Legg Mason Investments (Europe) Limited Subsidiary of Parent Undertaking
Legg Mason Investments (Ireland) Limited Subsidiary of Parent Undertaking
Legg Mason Investments (Taiwan) Limited Subsidiary of Parent Undertaking
Legg Mason Investments (Switzerland) GmbH Subsidiary of Parent Undertaking
Legg Mason Holding (Switzerland) GmbH Subsidiary of Parent Undertaking
Legg Mason Political Action Committee ("PAC") Subsidiary of Parent Undertaking
Legg Mason Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Subsidiary of Parent Undertaking
Brandywine (UK) Holdings Limited
The Baltimore Company Subsidiary of Parent Undertaking
Legg Mason & Co (UK) Limited Subsidiary of Parent Undertaking
Legg Mason Canada Holdings Ltd Subsidiary of Parent Undertaking
Legg Mason Commercial Real Estate Services, Inc. Subsidiary of Parent Undertaking
Legg Mason Funding Ltd Subsidiary of Parent Undertaking
Legg Mason Global Holdings Ltd Subsidiary of Parent Undertaking
Legg Mason Holdings, LLC Subsidiary of Parent Undertaking
Legg Mason International Holdings, LLC Subsidiary of Parent Undertaking
Legg Mason International Holdings (Cayman) Limited Subsidiary of Parent Undertaking
Legg Mason (Chile) Inversiones Holding Limitada Subsidiary of Parent Undertaking
Legg Mason Investments Holdings Limited Subsidiary of Parent Undertaking
Legg Mason Investments Nominees Limited Subsidiary of Parent Undertaking
Legg Mason Real Estate Securities Advisors, Inc. Subsidiary of Parent Undertaking
Legg Mason Realty Group, Inc. Subsidiary of Parent Undertaking
Legg Mason Realty Partners, Inc. Subsidiary of Parent Undertaking
Legg Mason Tower, Inc. Subsidiary of Parent Undertaking
LM BAM, Inc. Subsidiary of Parent Undertaking
LM (BVI) Limited Subsidiary of Parent Undertaking
LM Capital Support V, LLC Subsidiary of Parent Undertaking
LM Holdings Limited Subsidiary of Parent Undertaking
LM Holdings 2 Limited Subsidiary of Parent Undertaking
LM International Holding LP Subsidiary of Parent Undertaking
LM Tower, LLC Subsidiary of Parent Undertaking
LMI Nominees Limited Subsidiary of Parent Undertaking
Nova Scotia Company Subsidiary of Parent Undertaking
Barrett Associates, Inc. Subsidiary of Parent Undertaking
Brandywine Global Investment Management, LLC Subsidiary of Parent Undertaking
Brandywine Global Investment Management (Canada), ULC Subsidiary of Parent Undertaking
Brandywine Global Investment Management (Europe) Limited Subsidiary of Parent Undertaking
Brandywine Global Investment Management (Asia) Pte. Limited Subsidiary of Parent Undertaking
ClearBridge, LLC Subsidiary of Parent Undertaking
ClearBridge Investments, LLC Subsidiary of Parent Undertaking
ClearBridge Management Holdings LLC Subsidiary of Parent Undertaking

$\mathcal{L}^{\text{max}}{\text{max}}$ and $\mathcal{L}^{\text{max}}{\text{max}}$ $\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

$\label{eq:2.1} \mathcal{L}(\mathcal{L}^{\mathcal{L}}{\mathcal{L}}(\mathcal{L}^{\mathcal{L}}{\mathcal{L}})) \leq \mathcal{L}(\mathcal{L}^{\mathcal{L}}{\mathcal{L}}(\mathcal{L}^{\mathcal{L}}{\mathcal{L}}))$

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

Clarion Partners Holdings LLC Subsidiary of Parent Undertaking
CP Intermediate Holdco, Inc. Subsidiary of Parent Undertaking
Clarion Partners, LLC Subsidiary of Parent Undertaking
Clarion Partners Europe, Ltd. Subsidiary of Parent Undertaking
Clarion REIM South America Holdings, LLC Subsidiary of Parent Undertaking
Clarion REIM South America Investimentos Imobiliarios LTDA Subsidiary of Parent Undertaking
LM/Clarion I, LLC Subsidiary of Parent Undertaking
LM/Clarion II, LLC Subsidiary of Parent Undertaking
Legg Mason ClearBridge Holdings LLC Subsidiary of Parent Undertaking
Legg Mason Fund Asset Management, Inc. Subsidiary of Parent Undertaking
egg Mason Investor Services, LLC Subsidiary of Parent Undertaking
Legg Mason Partners Fund Advisor, LLC Subsidiary of Parent Undertaking
egg Mason Private Portfolio Group, LLC Subsidiary of Parent Undertaking
LM Pelican Holdings, L.P. Subsidiary of Parent Undertaking
LMM, LLC Subsidiary of Parent Undertaking
LMOBC, Inc. Subsidiary of Parent Undertaking
LMP Select, LLC Subsidiary of Parent Undertaking
Martin Currie Investment Management Limited Subsidiary of Parent Undertaking
Martin Currie Fund Management Limited Subsidiary of Parent Undertaking
Martin Currie Asia PTE Limited Subsidiary of Parent Undertaking
Martin Currie Inc. Subsidiary of Parent Undertaking
Permal Group Ltd Subsidiary of Parent Undertaking
Permal Group LLC Subsidiary of Parent Undertaking
Permal Group Holdings LLC Subsidiary of Parent Undertaking
Permal Capital Holdings LLC Subsidiary of Parent Undertaking
Permal Capital Management, LLC Subsidiary of Parent Undertaking
Permal UK Limited
Permal Cayman International LP Subsidiary of Parent Undertaking
Permal MEP Cayman LP Subsidiary of Parent Undertaking
EnTrustPermal Group Holdings LLC Subsidiary of Parent Undertaking
EnTrustPermal LLC Subsidiary of Parent Undertaking
QS Batterymarch Financial Management, Inc. Subsidiary of Parent Undertaking
QS Investors Fund Management, LLC Subsidiary of Parent Undertaking
Subsidiary of Parent Undertaking
QS Investors Holdings, LLC Subsidiary of Parent Undertaking
QS Investors, LLCRARE Infrastructure Limited Subsidiary of Parent Undertaking
Subsidiary of Parent Undertaking
RARE Infrastructure Finance Pty Limited Subsidiary of Parent Undertaking
RARE Infrastructure (Sovereign Enterprise No. 1) Pty Limited Subsidiary of Parent Undertaking
RARE Infrastructure (Europe) Pty Limited Subsidiary of Parent Undertaking
RARE Infrastructure (North America) Pty Limited Subsidiary of Parent Undertaking
RARE Holdings Pty Limited Subsidiary of Parent Undertaking
RARE Infrastructure (UK) Limited Subsidiary of Parent Undertaking
RARE Infrastructure USA, Inc. Subsidiary of Parent Undertaking
Treasury RARE Holdings Pty Limited Subsidiary of Parent Undertaking
RARE IP Trust Subsidiary of Parent Undertaking
Legg Mason Australia Holdings Pty Limited Subsidiary of Parent Undertaking
Legg Mason Royce Holdings, LLC Subsidiary of Parent Undertaking
Royce & Associates, LP Subsidiary of Parent Undertaking
Royce & Associates GP, LLC Subsidiary of Parent Undertaking
Royce Fund Services, Inc. Subsidiary of Parent Undertaking
Royce Management Company, LLC Subsidiary of Parent Undertaking
Western Asset Management Company Subsidiary of Parent Undertaking
Western Asset Management Company Ltd- Japan Subsidiary of Parent Undertaking
Western Asset Management Company Limited- UK Subsidiary of Parent Undertaking

$\label{eq:2.1} \frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left(\frac{1}{\sqrt{2}}\right)^{2} \left($

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

$\mathcal{L}_{\text{max}}$ .

Western Asset Management Company Pty Ltd- Australia Subsidiary of Parent Undertaking
Western Asset Management Company Distribuidora de Titulos E ValoresMobiliarios Limitada Subsidiary of Parent Undertaking
Western Asset Management Company Pte. Ltd.- Singapore Subsidiary of Parent Undertaking
Batterymarch Asia GP, LTD Subsidiary of Parent Undertaking
BGIM Capital Management, LLC Subsidiary of Parent Undertaking
BMML, Inc. Subsidiary of Parent Undertaking
Gray Seifert & Company, LLC Subsidiary of Parent Undertaking
LM Asset Services, LLC Subsidiary of Parent Undertaking
Martin Currie (Holdings) Limited Subsidiary of Parent Undertaking
Martin Currie Limited Subsidiary of Parent Undertaking
Martin Currie (Bermuda) Limited Subsidiary of Parent Undertaking
China Healthcare GP Limited Subsidiary of Parent Undertaking
China Development Capital GP Limited Subsidiary of Parent Undertaking
Martin Currie Absolute Return Fund GP Limited Subsidiary of Parent Undertaking
Moorgate Investment Management Limited (Dormant) Subsidiary of Parent Undertaking
Martin Currie Trustees Limited (Dormant) Subsidiary of Parent Undertaking
Pelican Holdings I, LLC Subsidiary of Parent Undertaking
Pelican Holdings II, LLC Subsidiary of Parent Undertaking
Permal Group Holdings Ltd. Subsidiary of Parent Undertaking
Permal Group SAS Subsidiary of Parent Undertaking
LM Cayco Ltd Subsidiary of Parent Undertaking
Permal Investment Management Services Limited Subsidiary of Parent Undertaking
Permal (Hong Kong) Ltd. Subsidiary of Parent Undertaking
Permal Pte. Ltd. Subsidiary of Parent Undertaking
Permal (Isle of Man) Ltd. Subsidiary of Parent Undertaking
Permal Business Consulting (Shanghai) Ltd. Subsidiary of Parent Undertaking
Permal Business Consulting (Beijing) Co., Ltd. Subsidiary of Parent Undertaking
The St. James Bank & Trust Co. Ltd. Subsidiary of Parent Undertaking
SJBTC Ltd. Subsidiary of Parent Undertaking
W & P Fund Services Ltd. Subsidiary of Parent Undertaking
Saintco Ltd. Subsidiary of Parent Undertaking
Permal (PGI) LLC Subsidiary of Parent Undertaking
Permal Asset Management LLC
Permal GP, LLC Subsidiary of Parent Undertaking
Precidian Investments, LLC Subsidiary of Parent Undertaking
Subsidiary of Parent Undertaking
Western Asset Holdings (Australia) Pty Ltd. Subsidiary of Parent Undertaking
Western Asset Management (Cayman) Holdings Limited Subsidiary of Parent Undertaking
Western Asset Management (UK) Holdings Limited Subsidiary of Parent Undertaking
Western Asset Management (Brazil) Holdings Limitada Subsidiary of Parent Undertaking
EnTrustPermal Partners Holdings LLC Subsidiary of Parent Undertaking
EnTrustPermal Partners LLC Subsidiary of Parent Undertaking
EnTrust Permal FOF Management GP LLC Subsidiary of Parent Undertaking
EnTrust Capital Management LP Subsidiary of Parent Undertaking
EnTrust Securities LLC Subsidiary of Parent Undertaking
EnTrust Partners Offshore LLC Subsidiary of Parent Undertaking
EnTrust Partners Offshore LP Subsidiary of Parent Undertaking
EnTrust Focus Partners LP Subsidiary of Parent Undertaking
EnTrust Investment Management Pte. Ltd. Subsidiary of Parent Undertaking
EnTrust Capital (UK) LLP Subsidiary of Parent Undertaking
EnTrust Middle East Ltd. Subsidiary of Parent Undertaking

$\sim$

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

$\label{eq:2.1} \frac{1}{2} \sum_{i=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{1}{2} \sum_{j=1}^n \frac{$ $\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

Annexure B

Trade date Trade Consideration Quantity Class
12/06/18 S 5,786 2,122 Ordinary Shares
12/06/18 S 614,808 225,477 Ordinary Shares
12/06/18 $\sf S$ 6,811 2,498 Ordinary Shares
12/05/18 S 5,095,470 1,886,792 Ordinary Shares
12/05/18 S 56,459 20,906 Ordinary Shares
12/05/18 S 47,957 17,758 Ordinary Shares
11/29/18 B 20,872 7,759 Ordinary Shares
11/28/18 S 464,651 169,928 Ordinary Shares
11/28/18 B 11,867 4,428 Ordinary Shares
11/27/18 S 351,254 132,319 Ordinary Shares
11/22/18 S 404,083 154,537 Ordinary Shares
11/20/18 B 6,767 2,623 Ordinary Shares
11/15/18 B 6,817 2,668 Ordinary Shares
11/15/18 $\sf S$ 371,583 144,377 Ordinary Shares
11/15/18 $\sf S$ 1,698,375 652,268 Ordinary Shares
11/15/18 $\sf S$ 1,943,434 755,113 Ordinary Shares
11/14/18 B 609,752 233,747 Ordinary Shares
11/13/18 S 57,556 21,809 Ordinary Shares
11/01/18 B 6,311 2,495 Ordinary Shares
10/31/18 B 6,330 2,468 Ordinary Shares
10/29/18 $\sf S$ 434,623 164,437 Ordinary Shares
10/24/18 B 7,385 2,879 Ordinary Shares
10/17/18 S 37,136 15,251 Ordinary Shares
10/16/18 B 248,917 103,867 Ordinary Shares
10/09/18 B 110,246 Ordinary Shares
10/09/18 B 596,517 Ordinary Shares
10/09/18 B 991,358 Ordinary Shares
10/09/18 B 640,921 Ordinary Shares
10/09/18 B 43,182 Ordinary Shares
10/09/18 B 4,988,800 Ordinary Shares
10/09/18 B 1,037,337 Ordinary Shares
10/09/18 B 45,361 Ordinary Shares
10/09/18 B 62,997 Ordinary Shares
10/09/18 B 25,307 Ordinary Shares
10/09/18 B 57,974 Ordinary Shares
10/05/18 B 366,828 155,898 Ordinary Shares
10/04/18 B 10,202 4,360 Ordinary Shares
10/02/18 B 48,919 20,468 Ordinary Shares
10/02/18 B 538,815 225,729 Ordinary Shares
10/02/18 B 384,667 161,151 Ordinary Shares
10/01/18 В 5,319 2,207 Ordinary Shares
09/25/18 B 8,977 3,717 Ordinary Shares
09/24/18 B 7,550 3,107 Ordinary Shares
09/21/18 B 20,461 8,455 Ordinary Shares
09/20/18 B 5,157 2,131 Ordinary Shares
09/17/18 B 4,078 1,641 Ordinary Shares
В 792,801 321,102 Ordinary Shares
В 2,480 1,027 Ordinary Shares
B 4,181 1,735 Ordinary Shares
S 308,206 129,771 Ordinary Shares
B 4,435 1,829 Ordinary Shares
B 413,446 168,974 Ordinary Shares
B 75,914 31,026 Ordinary Shares
B 66,335 27,131 Ordinary Shares
В 361,285 147,765 Ordinary Shares
S 438,899 178,291 Ordinary Shares

Annexure C

Holder of relevantinterest and Registedholder of securities Person entitled tobe registered asholder Nature of relevantinterest Class and numberof securities affected
Legg Mason AssetManagementAustralia Limited Citi Register andbeneficial holder 32,116,884 Fully Paid ordinary
Legg Mason AssetManagementAustralia Limited RBC Register andbeneficial holder 6,417,164 Fully Paid ordinary
Legg Mason AssetManagementAustralia Limited BBH Register andbeneficial holder 4,274,043 Fully Paid ordinary
Legg Mason AssetManagementAustralia Limited BNP Register andbeneficial holder 183,985 Fully Paid ordinary
Legg Mason AssetManagementAustralia Limited BNYM Register andbeneficial holder 256,030 Fully Paid ordinary
Legg Mason AssetManagementAustralia Limited NCS Register andbeneficial holder 399,746 Fully Paid ordinary
Legg Mason AssetManagementAustralia Limited NT Register andbeneficial holder 597,510 Fully Paid ordinary

44,245,362.00

$\label{eq:2.1} \mathcal{L}(\mathcal{L}^{\text{max}}{\mathcal{L}}(\mathcal{L}^{\text{max}}{\mathcal{L}})) \leq \mathcal{L}(\mathcal{L}^{\text{max}}{\mathcal{L}}(\mathcal{L}^{\text{max}}{\mathcal{L}}))$