SPH Notice – Commonwealth Bank of Australia

100080615/3821103.1


Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013


To NZX LIMITED
and
To KATHMANDU HOLDINGS LIMITED
Relevant event being disclosed: movement of 1 % or more in substantial holding
Date of relevant event: 12-Dec-2019
Date this disclosure made: 16-Dec-2019
Date last disclosure made: 24-Jun-2019


Substantial product holder(s) giving disclosure
Full name(s): Commonwealth Bank of Australia


Summary of substantial holding
Class of quoted voting products: Ordinary shares

Summary for Commonwealth Bank of Australia
For this disclosure,—
(a) total number held in class:




15,650,239
(b) total in class:
294,697,407
(c) total percentage held in class:
5.311%
For last disclosure,—

(a) total number held in class:
14,275,554
(b) total in class:
226,188,531
(c) total percentage held in class: 6.311%

Details of transactions and events giving rise to relevant event

See Appendix A

100080615/3821103.1
 


Details after relevant event
Details for Avanteos Investments Limited ACN 096 259 979

Nature of relevant interest(s):
Relevant arising as a result of being the registered holder of the relevant securities in its capacity as a superannuation trustee and in its capacity
as administrator of managed accounts.


Number held in class: 10,000

Percentage held in class (%): 0.003%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
Avanteos Investments Limited 10,000 0.003%


Details for ASB Group Investments Limited Company Number 533945

Nature of relevant interest(s):
Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of
the power to dispose of securities in its capacity as investment manager, as provided for under its investment mandates, as a life company
holding statutory funds and as the responsible entity or manager of a managed investment scheme.

Number held in class: 10,976,918

Percentage held in class (%): 3.725%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
Citibank N A Hong Kong 10,976,918 3.725%


Details for Commonwealth Bank Officers Superannuation Corporation Pty Limited ACN 074 519 798

Nature of relevant interest(s):
Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of
the power to dispose of securities in its capacity as trustee for the Officers' Superannuation Fund.


Number held in class: 814,022

Percentage held in class (%): 0.276%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
Citibank N A Hong Kong 814,022 0.276%

Details for Colonial First State Investments Limited ACN 002 348 352

Nature of relevant interest(s):
Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of
the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is
not managed by Colonial First State Investments Limited or a related body corporate).

Number held in class: 3,829,218

Percentage held in class (%): 1.299%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
Citibank N A Hong Kong 2,432,553 0.825%
Citicorp Nominees Pty Limited
(Australia)
595,648 0.202%
Northern Trust Company 277,527 0.094%
UBS Nominees Pty Ltd 523,490 0.178%

Details for The Colonial Mutual Life Assurance Society Limited ACN 004 021 809
Nature of relevant interest(s): Relevant interest arising from holding securities, having the power to control the exercise of the right to vote attached to securities and/or to
control the exercise of the power to dispose of securities in a proprietary capacity as a life insurance company. Statutory fund holdings are held by external custodians
and voted by the relevant investment manager, so CMLA's relevant interest is qualified accordingly.

Number held in class: 20,081

Percentage held in class (%): 0.007%
Custodian Name Custodian Total Holding Custodian Total Holding(%)
Northern Trust Company 20,081 0.007%

Grand Total 15,650,239 5.311%

100080615/3821103.1
 


Additional information
Address(es) of substantial product holder(s):
*
Avanteos Investments Limited ACN 096 259 979, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
*
ASB Group Investments Limited Company Number 533945, Level 2, ASB North Wharf, 12 Jellicoe Street, Auckland, 1010 , New Zealand
*
Commonwealth Bank Officers Superannuation Corporation Pty Limited ACN 074 519 798, Level 11 Tower 1, 201 Sussex St, Sydney, NSW,
2000, Australia
*
Colonial First State Investments Limited ACN 002 348 352, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
*
The Colonial Mutual Life Assurance Society Limited ACN 004 021 809, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
*
Realindex Investments Pty Limited ACN 133 312 017, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia**
Contact details: Renato Stupar, +61 (0) 475 945 221, AUSR_SM02041@cba.com.au
*Nature of connection between substantial product holders**:
Commonwealth Bank of Australia is a related body corporate of:

Avanteos Investments Limited ACN 096 259 979
ASB Group Investments Limited Company Number 533945
Commonwealth Bank Officers Superannuation Corporation Pty Limited ACN 074 519 798
Colonial First State Investments Limited ACN 002 348 352
The Colonial Mutual Life Assurance Society Limited ACN 004 021 809



Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the
financial products to which this disclosure relates:
[not applicable]










Certification
I, Kara Nicholls, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this
disclosure by all persons for whom it is made.










































** On 2 August 2019 Commonwealth Bank of Australia (CBA) and its subsidiary Colonial First State Group Limited completed the previously announced divestment of the Colonial
First State Global Asset Management (CFSGAM) business to Mitsubishi UFJ Trust and Banking Corporation. Following completion of the sale CBA is no longer an associate of the
entities which comprise the CFSGAM business.

100080615/3821103.1



Appendix A

Details of the transactions or other events requiring disclosure:

Date of Transaction Holder of Relevant
Interest
Registered Company
Before Event
Registered Company After
Event
Nature of Change Class
Number of
Securities
Cash
Consideration
Currency
Wednesday, 19 June 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 113,745 251,524.32 NZD
Wednesday, 19 June 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 132,326 292,612.48 NZD
Friday, 21 June 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 12,169 26,771.80 NZD
Friday, 21 June 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 16,261 35,774.20 NZD
Friday, 28 June 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 46,972 103,232.38 NZD
Thursday, 4 July 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 44,912 96,560.80 NZD
Thursday, 25 July 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 194,230 415,652.20 NZD
Friday, 26 July 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 131,061 279,159.93 NZD
Friday, 26 July 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 11,785 25,102.05 NZD
Thursday, 8 August 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 10,780 24,794.00 NZD
Thursday, 8 August 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 14,386 34,266.01 NZD
Friday, 9 August 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 1,233 3,020.85 NZD
Friday, 30 August 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 90,869 237,168.09 NZD
Wednesday, 4 September
2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 44,938 117,288.18 NZD
Friday, 6 September 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 43,243 112,431.80 NZD
Wednesday, 11 September
2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 44,011 113,988.49 NZD
Tuesday, 17 September
2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 37,800 105,840.00 NZD
Tuesday, 17 September
2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 1,993 5,535.63 NZD
Thursday, 19 September
2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 370,686 1,112,058.00 NZD
Friday, 20 September 2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 300,000 930,000.00 NZD
Tuesday, 24 September
2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 112,288 348,654.24 NZD
Tuesday, 24 September
2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 237,472 737,350.56 NZD
Friday, 11 October 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 785,333 2,002,599.15 NZD
Friday, 4 October 2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 68,650 215,286.40 NZD
Thursday, 3 October 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 939,891 2,396,722.05 NZD
Friday, 4 October 2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 58,784 185,169.60 NZD
Tuesday, 8 October 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 162,088 413,324.40 NZD
Tuesday, 8 October 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 322,759 823,035.45 NZD
Wednesday, 9 October
2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 115,251 352,091.81 NZD
Thursday, 24 October
2019
ASB Group Investments
Limited 533945
Citibank N A Hong Kong Unknown Sale Ordinary shares 22,100 70,499.00 NZD
Thursday, 31 October
2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 125,772 394,224.03 NZD
Friday, 29 November 2019
ASB Group Investments
Limited 533945
Unknown Citibank N A Hong Kong Purchase Ordinary shares 65,574 198,033.48 NZD
Monday, 24 June 2019
Colonial First State
Investments Limited ACN 002
348 352
UBS Nominees Pty Ltd Unknown Sale Ordinary shares 10,958 22,812.36 AUD
Monday, 24 June 2019
Colonial First State
Investments Limited ACN 002
348 352
Citibank N A Hong Kong Unknown Sale Ordinary shares 584 1,203.04 AUD
Tuesday, 25 June 2019
Colonial First State
Investments Limited ACN 002
348 352
Citicorp Nominees Pty
Limited (Australia)
Unknown Sale Ordinary shares 29,059 60,721.69 AUD
Thursday, 18 July 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown Citibank N A Hong Kong Purchase Ordinary shares 24,519 51,051.01 AUD
Wednesday, 14 August
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown
Citicorp Nominees Pty
Limited (Australia)
Purchase Ordinary shares 7,691 18,433.02 AUD
Tuesday, 3 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Citibank N A Hong Kong Unknown Sale Ordinary shares 6,686 16,046.40 AUD
Tuesday, 3 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Citibank N A Hong Kong Unknown Sale Ordinary shares 2,626 6,410.07 AUD
Thursday, 5 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 11,090 26,835.58 AUD
Thursday, 5 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 7,977 19,228.56 AUD
Friday, 6 September 2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 6,500 15,657.20 AUD
Monday, 9 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 3,500 8,503.60 AUD
Tuesday, 10 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 5,000 12,039.50 AUD
Wednesday, 11 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 5,000 11,976.00 AUD
Thursday, 12 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 15,000 35,991.00 AUD
Friday, 13 September 2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 15,000 36,016.50 AUD
Friday, 20 September 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown
Citicorp Nominees Pty
Limited (Australia)
Purchase Ordinary shares 476,518 1,368,988.56 AUD
Tuesday, 24 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Citibank N A Hong Kong Unknown Sale Ordinary shares 17,124 49,231.50 AUD

100080615/3821103.1


Tuesday, 24 September
2019
Colonial First State
Investments Limited ACN 002
348 352
Citibank N A Hong Kong Unknown Sale Ordinary shares 23,116 66,146.43 AUD
Friday, 27 September 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 14,355 40,083.47 AUD
Friday, 4 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Citicorp Nominees Pty
Limited (Australia)
Unknown Sale Ordinary shares 14,586 42,287.73 AUD
Friday, 11 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown Citibank N A Hong Kong Purchase Ordinary shares 482,983 1,231,606.65 AUD
Thursday, 3 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown
Citicorp Nominees Pty
Limited (Australia)
Purchase Ordinary shares 119,130 283,428.14 AUD
Thursday, 3 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown Citibank N A Hong Kong Purchase Ordinary shares 3,527 8,391.26 AUD
Thursday, 10 October
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 22,483 64,463.26 AUD
Thursday, 3 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 41,616 99,012.79 AUD
Thursday, 3 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 30,220 71,899.42 AUD
Thursday, 3 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown
Citicorp Nominees Pty
Limited (Australia)
Purchase Ordinary shares 3,647 8,676.94 AUD
Friday, 11 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 13,386 38,215.69 AUD
Monday, 14 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown Northern Trust Company Purchase Ordinary shares 1,043 3,002.69 AUD
Thursday, 3 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown Northern Trust Company Purchase Ordinary shares 88,473 210,490.54 AUD
Thursday, 17 October
2019
Colonial First State
Investments Limited ACN 002
348 352
Citicorp Nominees Pty
Limited (Australia)
Unknown Sale Ordinary shares 3,647 10,516.85 AUD
Tuesday, 29 October 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 38,065 111,465.74 AUD
Tuesday, 12 November
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 29,905 83,626.34 AUD
Wednesday, 27 November
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 13,738 39,261.83 AUD
Thursday, 28 November
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 8,816 25,361.87 AUD
Monday, 9 December 2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 18,865 55,615.91 AUD
Tuesday, 10 December
2019
Colonial First State
Investments Limited ACN 002
348 352
Unknown UBS Nominees Pty Ltd Purchase Ordinary shares 19,051 56,446.21 AUD
Thursday, 12 December
2019
Colonial First State
Investments Limited ACN 002
348 352
Northern Trust Company Unknown Sale Ordinary shares 165,880 492,663.60 AUD

Friday, 25 October 2019

Commonwealth Bank of
Australia ACN 123 123 124

The Bank Of New York
Mellon, Sydney Branch

Unknown
Borrow Decrease,
Merrill Lynch
International, See
Appendix B

Ordinary shares

108,630

N/A

NZD

Thursday, 24 October
2019

Commonwealth Bank of
Australia ACN 123 123 124

Unknown

The Bank Of New York
Mellon, Sydney Branch
Borrow Increase,
Merrill Lynch
International, See
Appendix B

Ordinary shares

108,630

N/A

NZD

Monday, 28 October 2019

Commonwealth Bank of
Australia ACN 123 123 124

The Bank Of New York
Mellon, Sydney Branch

Unknown
Borrow Decrease,
Merrill Lynch
International, See
Appendix B

Ordinary shares

108,630

N/A

NZD

Friday, 25 October 2019

Commonwealth Bank of
Australia ACN 123 123 124

Unknown

The Bank Of New York
Mellon, Sydney Branch
Borrow Increase,
Merrill Lynch
International, See
Appendix B

Ordinary shares

108,630

N/A

NZD

Tuesday, 29 October 2019

Commonwealth Bank of
Australia ACN 123 123 124

The Bank Of New York
Mellon, Sydney Branch

Unknown
Borrow Decrease,
Merrill Lynch
International, See
Appendix B

Ordinary shares

108,630

N/A

NZD

Monday, 28 October 2019

Commonwealth Bank of
Australia ACN 123 123 124

Unknown

The Bank Of New York
Mellon, Sydney Branch
Borrow Increase,
Merrill Lynch
International, See
Appendix B

Ordinary shares

108,630

N/A

NZD

Thursday, 19 September
2019
Commonwealth Bank Officers
Superannuation Corporation
Pty Limited ACN 074 519 798

Citibank N A Hong Kong

Unknown

Sale

Ordinary shares

162,441

453,210.39

AUD

Thursday, 3 October 2019
Commonwealth Bank Officers
Superannuation Corporation
Pty Limited ACN 074 519 798

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

162,804

387,335.14

AUD

Friday, 28 June 2019
Realindex Investments Pty
Limited ACN 133 312 017
Citicorp Nominees Pty Limited
(New Zealand)

Unknown

Sale

Ordinary shares

2,826

6,069.68

NZD

Wednesday, 3 July 2019
Realindex Investments Pty
Limited ACN 133 312 017
Citicorp Nominees Pty Limited
(New Zealand)

Unknown

Sale

Ordinary shares

3,615

7,613.91

NZD

Thursday, 4 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

JP Morgan Chase Bank NA

Purchase

Ordinary shares

15,012

31,044.82

AUD

Thursday, 18 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

National Custodian Services

Purchase

Ordinary shares

12,981

27,027.74

AUD

Thursday, 18 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

JPMorgan (UK)

Purchase

Ordinary shares

4,808

10,010.74

AUD

Thursday, 18 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

National Custodian Services

Purchase

Ordinary shares

1,232

2,565.15

AUD

Thursday, 18 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

National Custodian Services

Purchase

Ordinary shares

12,981

27,027.74

AUD

Thursday, 18 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

JPMorgan (UK)

Purchase

Ordinary shares

4,808

10,010.74

AUD

Monday, 22 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

National Custodian Services

Purchase

Ordinary shares

10,288

21,492.66

AUD

Monday, 22 July 2019
Realindex Investments Pty
Limited ACN 133 312 017

Unknown

National Custodian Services

Purchase

Ordinary shares

12,738

26,453.00

AUD

Tuesday, 30 July 2019
Realindex Investments Pty
Limited ACN 133 312 017
Citicorp Nominees Pty Limited
(New Zealand)

Unknown

Sale

Ordinary shares

7,483

15,863.96

NZD



Friday, 2 August 2019


Realindex Investments Pty
Limited ACN 133 312 017



JP Morgan Chase Bank NA



Unknown
Ceased to be a
subsidiary and
associate of CBA on 2
August 2019.



Ordinary shares



234,037



N/A



N/A



Friday, 2 August 2019


Realindex Investments Pty
Limited ACN 133 312 017



JPMorgan (UK)



Unknown
Ceased to be a
subsidiary and
associate of CBA on 2
August 2019.



Ordinary shares



538,445



N/A



N/A



Friday, 2 August 2019


Realindex Investments Pty
Limited ACN 133 312 017



National Custodian Services



Unknown
Ceased to be a
subsidiary and
associate of CBA on 2
August 2019.



Ordinary shares



481,986



N/A



N/A



Friday, 2 August 2019


Realindex Investments Pty
Limited ACN 133 312 017



National Custodian Services



Unknown
Ceased to be a
subsidiary and
associate of CBA on 2
August 2019.



Ordinary shares



316,217



N/A



N/A

100080615/3821103.1





Friday, 2 August 2019


Realindex Investments Pty
Limited ACN 133 312 017


Citicorp Nominees Pty Limited
(New Zealand)



Unknown
Ceased to be a
subsidiary and
associate of CBA on 2
August 2019.



Ordinary shares



268,306



N/A



N/A

Merrill Lynch International





Appendix B



Type of agreement: Global Master Securities Lending Agreement

Parties to agreement:
(1) Commonwealth Bank of Australia and (2)
Merrill Lynch International
Can the parties exercise voting rights attaching to the securities? No
If yes, in what circumstances? N/A
Date on which the securities were (or are) expected to be delivered to the
borrower or its nominee (ie borrow date):
The dates indicated in Annexure B on which
securities were borrowed.
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date):
Any particular day.
Does the borrower have the right to return the securities early? [Yes/No] Yes
If yes, in which circumstances? At any time subject to giving notice.
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]

Yes
If yes, in which circumstances? At any time subject to giving notice.
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]

No
If yes, in which circumstances? N/A