SERVICE STREAM LIMITED — Major Shareholding Notification 2014

Mar 25, 2014

Thorney International Pty Ltd ABN 57 132 886 698

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone +61 3 9921 7116 Facsimile +61 3 9921 7100

26 March 2014

BY ASX ONLINE - 5 pages

Manager Company Announcements ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder Service Stream Limited [ASX:SSM]

On 24 March 2014, Service Stream Limited completed a placement to certain sophisticated and professional investors following shareholder approval of the placement on 19 March 2014.

Following is a Form 604 Notice of change of interests of substantial holder dated 26 March 2014 in accordance with section 671B of the Corporations Act 2001 (the Act).

Yours sincerely,

AVEE WAISLITZ Secretary

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To:company name/scheme		SERVICE STREAM LIMITED
ACN/ARSN		008 027 978

1. Details of substantial holder

Name	Thorney International Pty Ltd and each of the entitieslisted in the attached Annexure "A" to this notice
ACN (if applicable)	132 886 698

There was a change in the interests of the substantial holder on	24-Mar-14
The previous notice was given to the company on	09-Aug-13
The previous notice was dated	09-Aug-13

2. Previous and present voting power

The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest 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	Previous Notice		Present Notice
	Person's votes	Voting power	Person's votes	Voting power
Fully Paid Ordinary Shares	53,711,859	18.95%	92,863,640	28.40%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:

Date ofChange	Personwhoserelevantinterestchanged	Nature of change	Considerationgiven in relation toChange	Class and numberof securitiesaffected	Person'svotesaffected
12-Sep-13to22-Oct-13	ThorneyInternationalPty Ltd	Market purchases	Market prices	2,788,141 ordinaryshares	2,788,141
12-Sep-13to22-Oct-13	ThorneyInvestmentGroupAustralia PtyLtd,Jamahjo PtyLtd	Deemed relevant interest inshares beneficially owned byThorney International PtyLtd by virtue of section608(3) of the CorporationsAct 2001	Nil	2,788,141 ordinaryshares	2,788,141
24-Mar-14	ThorneyInternationalPty Ltd	Issue of shares pursuant toa placement by theCompany on 24 March 2014	$2,000,000	9,090,910 ordinaryshares	9,090,910

3. Changes in relevant interests (continued)

Date ofChange	Person whoserelevantinterestchanged	Nature of change	Consideration givenin relation toChange	Class and number ofsecurities affected	Person's votesaffected
24-Mar-14	Each of theentities listedin Annexure A(other thanThorneyInternationalPty Ltd)	Deemed relevant interest byvirtue of section 608(3) ofthe Corporations Act 2001 inshares issued to ThorneyInternational Pty Ltd under aplacement by the Companyon 24 March 2014	Nil	9,090,910 ordinaryshares	9,090,910
24-Mar-14	ThorneyInternationalPty Ltd andeach of theentities listedin Annexure A	Deemed relevant interest byvirtue of section 608(3) ofthe Corporations Act 2001(and section 608(1) forThorney ManagementServices Pty Ltd) in sharesissued to ThorneyOpportunities Ltd under aplacement by the Companyon 24 March 2014	Nil	27,272,730 ordinaryshares	27,272,730

4. Present relevant interests

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

Holder ofrelevantinterest	Registered holder ofsecurities	Person entitled tobe registered asholder	Nature of relevantinterest	Class andnumber of shares	Person'svotes
Thorney	HSBC CustodyNominees (Australia) Ltd	ThorneyInternationalPty Ltd	Beneficial Owner	9,090,910ordinary shares	9,090,910
InternationalPty Ltd	Thorney InternationalPty Ltd	ThorneyInternationalPty Ltd	Beneficial Owner	56,500,000ordinary shares	56,500,000
ThorneyInvestmentGroup AustraliaPty LtdJamahjo Pty Ltd	As above	As above	Deemed relevantinterest in sharesbeneficially ownedby ThorneyInternational Pty Ltdby virtue of section608(3) of theCorporations Act2001	65,590,910ordinary shares	65,590,910
ThorneyInternationalPty Ltd and eachof the entitieslisted inAnnexure A	UBS Nominees Pty Ltd	ThorneyOpportunities Ltd	Deemed relevantinterest by virtue ofsection 608(3) (andsection 608(1) forThorneyManagementServices Pty Ltd) ofthe CorporationsAct 2001	27,272,730ordinary shares	27,272,730

5. Changes in association

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 or scheme are as follows:

Name	Nature of association
Thorney Opportunities Ltd ACN 080 167264	Thorney Opportunities is an associate of Thorney International Pty Ltd, ThorneyInvestment Group Australia Pty Ltd and Jamahjo Pty Ltd in relation to theplacement by Service Stream Limited completed on 24 March 2014

6. Addresses

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

Name	Address
Each of the entities listed in Annexure A	Refer to Annexure A
Thorney Opportunities Ltd, ACN 080 167 264	Level 39, 55 Collins Street, Melbourne 3000

Signature Print name AVEE WAISLITZ Capacity SECRETARY Sign here Date: 26 March 2014

ANNEXURE 'A'

This is Annexure A referred to in the Form 604 Notice of change of interests of substantial holder signed by me and dated 26 March 2014.

......................................... AVEE WAISLITZ Secretary

SUBSTANTIAL HOLDERS - ENTITY DETAILS

Entity	Address
Jamahjo Pty Ltd, ACN 117 488 696	c/- TWF Partners, Level 4, 25 Claremont Street, South Yarra, 3141
Thistle Holdings Pty Ltd, ACN 075 051 464	Level 39, 55 Collins Street, Melbourne 3000
Thorney Alpha Pty Ltd, ACN 162 820 537	Level 39, 55 Collins Street, Melbourne 3000
Thorney Beta Pty Ltd, ACN 162 828 677	Level 39, 55 Collins Street, Melbourne 3000
Thorney Holdings Pty Ltd, ACN 006 262 835	Level 39, 55 Collins Street, Melbourne 3000
Thorney International Pty Ltd, ACN 132 886 698	Level 39, 55 Collins Street, Melbourne 3000
Thorney Investment Group Australia Pty Ltd,ACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
Thorney Management Services Pty Ltd, ACN 164 880 148	Level 39, 55 Collins Street, Melbourne 3000
Thorney Omega Pty Ltd, ACN 163 964 636	Level 39, 55 Collins Street, Melbourne 3000
TIGA Property Pty Ltd, ACN 117 811 453	Level 39, 55 Collins Street, Melbourne 3000
TIGA (Ballarat) Pty Ltd, ACN 117 812 030	Level 39, 55 Collins Street, Melbourne 3000
TIGA Finance Pty Ltd, ACN 118 521 412	Level 39, 55 Collins Street, Melbourne 3000
TIGA (Hawthorn) Pty Ltd, ACN 126 952 663	Level 39, 55 Collins Street, Melbourne 3000
TIGA Tails Pty Ltd, ACN 080 534 416	Level 39, 55 Collins Street, Melbourne 3000
TIGA Trading Pty Ltd, ACN 118 961 210	Level 39, 55 Collins Street, Melbourne 3000