RESIMAC GROUP LTD — Major Shareholding Notification 2006

Dec 4, 2006

URGENT

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme Homeloans Limited

ACN/ARSN

1. Details of substantial holder (1)

Name	AJA Investments Pty Limited
ACN (if applicable)	071 729 603		.

The holder became a substantial holder on 30/11/2006

55 095 034 003

1. Details of 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 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)
Fully Paid Ordinary Shares	3.446.312	3.446.312	5.704%

3. Details of relevant interests

The nature of the relevant 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
AJA Investments Pry Limited The Oliver Amelia PropertyTrust (Beneficial Owner)	Legal Owner	Fully Paid Ordinary Shares3.446.312

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Class and number ofsecurities
AJA Investments PtvLimited	AJA Investments PtvLimited		3,446,312

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

Form 603 Homeloans Ltd.doc Page 1 of 3

$FAX + 61 2 9247 7976 FSYDGRPF28N24$

n/a	Conversion of 49,531 ResetPreference Shares (RPS) onthe basis of 20 Fully PaidOrdinary Shares for every 1RPS held, RPS wereacquired on 29 December2003 at $10 per RPS	Cash	Non-cash
		п/а	n/a

6. 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
n/a

7. Addresses

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

Name	Address
AJA Investments Pty Limited	Level 16, 25 Bligh St Sydney NSW 2000

Signature

$(1)$

	print name Andrew Pridham
sign here

4 December 2006

Director

capacity date

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a comoration and its related comorations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially. similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• $(2)$ See the definition of "associate" in section 9 of the Corporations Law.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Law.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(7)$ Include details of:

any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme orarrangement; and

$(8)$

$(9)$

З

$(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

. If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details m even if they are not paid directly to the person from whom the relevant interest was acquired.

Form 603 Homeloans Ltd.doc Page 3 of 3