SERVICE STREAM LIMITED — Major Shareholding Notification 2007

Dec 19, 2007

						604	page 1/2 15 July 2001
Form 604
Corporations Act 2001Section 671B
					Notice of change of interests of substantial holder
To Company Name/Scheme
ACN/ARSN
1. Details of substantial holder(1)
Name
ACN/ARSN (if applicable)
There was a change in the interests of thesubstantial holder onThe previous notice was given to the company onThe previous notice was dated		//////

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		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)

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 ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes

			604	page 2/2 15 July 2001

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/ARSN (if applicable)	Nature of association

6. Addresses

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

Name	Address

Signature

print name	capacity

sign here date / / 20 12 07

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, 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 6 of the form.
• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.
• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• (6) Include details of:
  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of 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 or arrangement; and
  • (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).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) 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, becom`e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired. Annexure Close Form
• (8) 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".
• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Registered Shareholdings as at 14 August 2007 Service Stream

Registered Name	Address	Holding
RBC Dexia Investor Services Trust	Level 16 & 17, 2 Park Street, SYDNEY NSW 2000	9,635,517
National Nominees Limited	GPO Box 1406M, MELBOURNE VIC 3001	57,596
		9,693,113

Annexure A

Annexure B

Service Stream Net Trades between 15 August 2007 and 18 December 2007

Date	Quantity	Consideration
15-Aug-2007	71,000	135,270.98
16-Aug-2007	100,000	179,763.00
17-Aug-2007	10,000	17,548.13
04-Sep-2007	1,600,000	3,200,000.00
22-Oct-2007	249,436	516,335.09
26-Oct-2007	15,000	32,789.93
31-Oct-2007	200,000	430,681.13
09-Nov-2007	1,160	2,489.23
12-Nov-2007	433,840	920,573.45
22-Nov-2007	500,000	977,681.25
23-Nov-2007	300,000	586,608.75
06-Dec-2007	130,000	251,589.98
10-Dec-2007	12,000	22,742.37
13-Dec-2007	75,000	140,455.20
18-Dec-2007	263,209	455,917.57
	3,960,645	7,870,446.06

Registered Shareholdings as at 18 December 2007 Service Stream

Registered Name	Address	Holding
RBC Dexia Investor Services Trust	Level 16 & 17, 2 Park Street, SYDNEY NSW 2000	13,585,378
National Nominees Limited	GPO Box 1406M, MELBOURNE VIC 3001	68,380
		13,653,758

Annexure C