WAM ACTIVE LIMITED — Major Shareholding Notification 2008

Jan 9, 2008

WAM Active Limited

Options $1.00 Exp. 17/06/2009

Top 20 Holdings as at 09-01-2008

Holder Name	Balance at 09-01-2008	%
OTAWA SECURITIES PTY LTD	1,300,000	8.442
DYNASTY PEAK PTY LTD	1,000,000	6.493
CLODENE PTY LTD	750,000	4.870
VBS INVESTMENTS PTY LTD	750,000	4.870
INVIA CUSTODIAN PTY LIMITED	750,000	4.870
GW HOLDINGS PTY LTD	650,500	4.224
UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD	400,000	2.597
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED	250,000	1.623
CHARANDA NOMINEE COMPANY PTY LTD	250,000	1.623
UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD	250,000	1.623
MR MARK PETER JOHN AVERY	200,000	1.299
SEWETA PTY LIMITED	200,000	1.299
TROPHY COMPONENTS DIST PTY LTD	200,000	1.299
CLIME INVESTMENT MANAGEMENT LTD	200,000	1.299
DR DINH HOANG NGUYEN	100,000	0.649
UPLANDS HOLDINGS PTY LTD	100,000	0.649
MR THOMAS JAMES HARBROW & MRS ANNA REGINA HARBROW	100,000	0.649
MR VICTOR JOHN PLUMMER	100,000	0.649
DR JITENDRA VOHRA & MRS FREANY JITENDRA VOHRA	100,000	0.649
UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD	100,000	0.649
CLEGG & COOPER SERVICES PTY	100,000	0.649
DR WAYNE LAWRENCE HOUGHTON	100,000	0.649
SELMAN PTY LTD	100,000	0.649
WILLJO PTY LTD	100,000	0.649
MR DAVID BARDAS & MRS SANDRA BARDAS	100,000	0.649
MALCOLM SUPERANNUATION PTY LIMITED	100,000	0.649
	8,350,500	54.224
	15,400,100