TALIUS GROUP LIMITED — Major Shareholding Notification 2014

Jul 22, 2014

	Form 604 Corporations Act 2001 Section 671B
	Notice of change of interests of substantial holder
To Company Name/Scheme	ADVANCE ENERGY LIMITED
ACN/ARSN	111 823 762
Details of aubstantial holder (1) Name ACN/ARSN (if applicable)	CQS Asset Management Limited N/A
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	17/07/2014 15/10/2013 15/10/2013

2. Previous and present voting power

The total number of votes attached to all the voling shares in the company or voting intarests 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 aubatantial holding notice to the company or scheme, are as follows:

	Previous notice ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,		Present notice أتباهما والمستراه والمقت
Class of securities (4)	Person's votes	Voting power (5) ANTENTETTE	Person's votes See Advertising	Voting power (5)
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, lord NPV	------ 139.478.015	10.74%	71.074.632 ,,,,,,,,,,,,,,,,,,	6.9D and MALAY!
AMARENTA lOrd NPV	---- 42.266.065 ومحاملات والمحاملات والمتعادل والمتعادل والمستعلمات	3.25%	21,537,767 ________	2.10 والمحاولات
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ______ Total AMARATATIOT la se um	181 744 080	13.99% _ ______	92.612.399	9.00 ALCOHOL: COMMON JAMAN IN MUSIC COMMON IN 1979

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 relevant interest changed	Nature of change (6)	_______ Consideration given in relation to change (7)	Class and number of Securities affected	Person's votes affected والاستعمال والمستعمل والمستعملة
17/07/2014	City Natural Resources Filigh Yleid Trust Plc	Convertible bond conversion. Equity allocation received 17/07/2014	ΝM	68.749.999	68.749.999
17707/2014	New City High Yield Fund Limited	Convertible bond conversion. Easity allocation received 17/07/2014	ΝA	20,833,333	20.833.333

4. Present relevant interests

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

Holder of relevant interest	Registored holder of securities	Person entitled to be registered (8) se holder	Nature of relevant (6) Interest	Class and number of securittes	Person's votes
High Yield Trust Pla	City Natural Resources HSBC Custody Nominees (Australia) Umited	HSBC Custady Nominees (Australia) Limited		Ord NPV 71,074,632	Ord NPV 71,074,632
New City High Yield Fund Limited	HSBC Custody Nomineas (Australia) Limited	HSBC Custody Nominaes (Australia) Limited --------------------------------------		Ord NPV 21,537,767	Ord NPV 21,537,767

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
.	--------
_______	company's suppression in the continuum common common controls (Fig. 9 National Analysis).
NIA ---------------------------------------	,,,,,,,,,,,,,,,,,,,,,,,, ________ a component to construction of the component of the construction of the NAT A TANA COMPONENT CONTROL ( ) -------

Sydney\005025617 (Copy)

6. Addresses

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

Name	________ MARTINER Address ومديعهما
llueiY City Hiah Resources Naturai iTast Pic	ັ]do – CQS Asset Management Limited, 5 th Floor, 33 Chastar Street, Łondon SW1X 7BL, UK
New City High Yield Fund Limited ________ ---------------------------------------	o/o - COS Asset Management Limited, 5th Floor, 33 Chester Street, London SW1X 7BL, UK

Signature

print name sion here

capacity Compliance Manager, CQS

15/37/2014

date

DIRECTIONS

• If there are a number of substantial holders with similar or related relavant interasts (eg. a corporation and its related corporations, or the manager and $(1)$ trustee of an equity trust), the names conto be included in an ennexure 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 harnes and addresses of members is clearly set out in paragraph 6 of the form.
• See the definition of "associate" in aection 9 of the Corporations Act 2001. $(2)$

Golin Woogs

• See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $\langle 4 \rangle$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $\langle 5 \rangle$
• include details of: $\left( 6\right)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy were constant management of ourselves of companies of exclusion and onerginal members incomed. It subsequently to populate a copy of the population of the second of the form of the form of distribution of any respective of (a)
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposel of the
  securities to which the relevent interest relates (indicating clearly the $(n)$

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

• Detaile 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 antitled to receive in relation to that acquisition. Details m $(7)$ contingency. Details must be included on 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.
• If the substantial holder is unable to determine the identity of the person (eg. If the relevant internet erises because of an option) write "unknown". $(8)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$