twenty largest shareholders

Fully Paid Ordinary Shares as at 17 May 2011

Name No. of Ordinary Shares Held % of Issued Capital
1 J P Morgan Nominees Australia Limited 6,364,920 9.43
2 HSBC Custody Nominees (Australia) Limited 5,179,479 7.67
3 National Nominees Limited 4,541,560 6.73
4 Cogent Nominees Pty Limited 2,765,937 4.10
5 Milton Corporation Limited 2,168,165 3.21
6 Citicorp Nominees Pty Limited 1,861,277 2.76
7 RBC Dexia Investor Services Australia Nominees Pty Limited <Pipooled A/C> 1,300,616 1.93
8 Faircase Pty Ltd 1,291,741 1.91
9 J P Morgan Nominees Australia Limited <Cash Income A/C> 1,245,112 1.84
10 UBS Nominees Pty Ltd 1,197,768 1.77
11 Australian Foundation Investment Company Limited 794,024 1.18
12 Argo Investments Limited 716,395 1.06
13 Gardenglen Pty Ltd 421,535 0.62
14 Mrs Joyce Selina Hinds 392,752 0.58
15 BKI Investment Company Limited 389,734 0.58
16 Mrs Dorothy Anne Stewart 337,250 0.50
17 ANZ Trustees Limited <Queensland Common Fund A/C> 314,301 0.47
18 Troxfield Pty Ltd 297,810 0.44
19 Mirrabooka Investments Limited 280,031 0.41
20 Hsbc Custody Nominees (Australia) Limited - A/C 2 264,823 0.39
Total 32,125,230 47.59