16 March 2015 Company Announcements Platform n Exchange Limited 20 Bridge Street SYDNEY Dear Sir/Madam, Notice of Ceasing to be a Substantial Holder In accordance with section 671B of the Corporations Act 2001 (Cth), we attach a Notice of Ceasing to be a Substantial Holder (Form 605) in respect of Austal Limited. A notice in substantially the same terms will also be lodged with the ASX on behalf of Westpac Banking Corporation (WBC). Yours faithfully, Chris Millard Company Secretary BT Investment Management Limited ABN 28 126 385 822 PO Box 7072 Sydney NSW 2001 The Chifley Tower Level 15, 2 Chifley Square Sydney Tel 612 8253 2999 BT is a registered trade mark of BT Financial Group Pty Ltd and is used under licence www.btim.com.au
Form 605 Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder To Company Name/Scheme AUSTAL LIMITED (ASB) ACN/ARSN ACN 009 250 266 1. Details of substantial holder(1) Name BT INVESTMENT MANAGEMENT LIMITED (BTT) ACN/ARSN (if applicable) ACN 126 365 822 The holder ceased to be a substantial holder on 12/03/2015 The previous notice was given to the company on 03/03/2015 The previous notice was dated 27/02/2015 2. s in relevant interests Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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: of change Person whose relevant interest changed 12/03/2015 WBC & its Associates, Advance Asset Management Limited, Asgard Capital Management Limited, BT Funds Management Limited, BT Investment Management (Fund Services) Limited, BT Funds Management No.2 Limited, BT Investment Management (Institutional) Limited change (4) See Annexure 'A' given in relation to change (5) See Annexure 'A' Class (6) and number of securities See Annexure 'A' See Annexure 'A' 3. s in association The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to the voting interests of the company or scheme are as follows: Name and ACN/ARSN (if applicable) association Page 1 of 8
4. Addresses The addresses of persons named in this form are as follows: Name Westpac Banking Corporation (WBC) Advance Asset Management Limited Asgard Capital Management Limited BT Funds Management Limited BT Investment Management (Fund Services) Limited BT Funds Management No.2 Limited BT Investment Management (Institutional) Limited AUSTAL LIMITED (ASB) Address Level 20, Westpac Place, 275 Kent St, Sydney Level 20, Westpac Place, 275 Kent Street, Sydney Level 20, Westpac Place, 275 Kent Street, Sydney Level 20, Westpac Place, 275 Kent Street, Sydney Level 14, Chifley Tower, 2 Chifley Sydney, Sydney Level 20, Westpac Place, 275 Kent Street, Sydney Level 14, Chifley Tower, 2 Chifley Square SYDNEY The Company Secretary AUSTAL LIMITED (ASB) 100 Clarence Beach Road HENDERSON WA 6166 Tel: +61 8 9410 1111 Fax: +61 8 9410 2564 Signature Print name Chris Millard Capacity Company Secretary Sign here 16/03/2015 Page 2 of 8
DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure 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 names and addresses of members is clearly set out in paragraph 4 of the form. (2) See the definition of relevant interest in sections 608 and 671B(7) of the Corporations Act 2001. (3) See the definition of associate in section 9 of the Corporations Act 2001. (4) Include details of: (a) (b) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of relevant agreement in section 9 of the Corporations Act 2001. (5) Details 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 entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of 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. (6) The voting shares of a company constitute one class unless divided into separate classes. (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. Page 3 of 8
ANNEXURE A This is annexure A' referred to in Form 605, Notice of ceasing to be a substantial holder, lodged for Westpac Banking Corporation ACN 007 457 141 and its associated entities Tim Hartin Company Secretary, Westpac Banking Corporation 16/03/2015 Sales & Purchases for the period : 28/02/2015 to 12/03/2015 SECURITY: ASB Asgard Capital Management Limited 5/03/2015 Asgard Capital Management Limited Purchase 18,518 28,147.36 Ordinary 18,518 5/03/2015 Asgard Capital Management Limited Sale -18,518-28,147.36 Ordinary 18,518 12/03/2015 Asgard Capital Management Limited Sale -18,518-29,628.80 Ordinary 18,518 12/03/2015 Asgard Capital Management Limited Purchase 18,518 29,628.80 Ordinary 18,518 Total.00 Asgard Capital Management Limited Total :.00 BT Funds Management No.2 Limited 2/03/2015 HSBC Custody Nominees () Limited. Purchase 1,500 2,340.00 Ordinary 1,500 Total 1,500 2,340.00 BT Funds Management No.2 Limited Total : 1,500 2,340.00 BT Investment Management (Fund Services) Limited 2/03/2015 and New Zealand Banking Group Limited Purchase 84 131.04 Ordinary 84 Total 84 131.04 2/03/2015 National n Custodian Services Purchase 280 436.80 Ordinary 280 Total 280 436.80 2/03/2015 National Nominees Limited Purchase 307 478.92 Ordinary 307 Total 307 478.92 BT Investment Management (Fund Services) Limited Total : 671 1,046.76 Page 4 of 8
BT Investment Management (Institutional) Limited 2/03/2015 HSBC Custody Nominees () Limited. Purchase 6,594 10,286.64 Ordinary 6,594 11/03/2015 HSBC Custody Nominees () Limited. Sale -77,570-121,784.90 Ordinary 77,570 12/03/2015 HSBC Custody Nominees () Limited. Sale -48,958-77,843.22 Ordinary 48,958 Total -119,934-189,341.48 2/03/2015 National Bank Limited Purchase 1,525 2,379.00 Ordinary 1,525 Total 1,525 2,379.00 BT Investment Management (Institutional) Limited Total : -118,409-186,962.48 Page 5 of 8
ANNEXURE B This is annexure B (being 3 pages) referred to in Form 605, Notice of ceasing to be a substantial holder, lodged for Westpac Banking Corporation ACN 007 457 141 and its associated entities Tim Hartin Company Secretary Westpac Banking Corporation 16/03/2015 Westpac Banking Corporation Reinventure Fund ILP 1925 (Commercial) Pty Limited RMS Warehouse Trust 2007-1 1925 (Industrial) Pty Limited Sallmoor Pty Limited 1925 Advances Pty Limited Securitor Financial Group Limited Papua New A.G.C. (Pacific) Limited Guinea Seed Pool Trust No. 2 Advance Asset Management Limited Series 2007-1G WST Trust Altitude Administration Pty Limited Series 2008-1M WST Trust Altitude Rewards Pty Limited Series 2009-1 WST Trust Aotearoa Financial Services Limited New Zealand Series 2011-1 WST Trust Ascalon Capital Managers (Asia) Limited Hong Kong Series 2011-2 WST Trust Ascalon Capital Managers Limited Series 2011-3 WST Trust Ascalon Funds Seed Pool Trust Series 2012-1 WST Trust Asgard Capital Management Limited Series 2013-1 WST Trust Asgard Wealth Solutions Limited Series 2013-2 WST Trust n Loan Processing Security Company Pty Ltd Series 2014-1 WST Trust n Loan Processing Security Trust SIE-Lease () Pty Limited Bella Trust No. 2 SIE-Lease (New Zealand) Pty Limited New Zealand Bella Trust Sixty Martin Place (Holdings) Pty Limited Belliston Pty Limited St.George Business Finance Pty Limited Bill Acceptance Corporation Pty Limited St.George Custodial Pty Limited BLE Capital Limited St.George Equity Finance Limited BT (Queensland) Pty Limited St.George Finance Holdings Limited BT Pty Limited St.George Finance Limited BT Financial Group (NZ) Limited New Zealand St.George Life Limited BT Financial Group Pty Limited St.George Motor Finance Limited BT Funds Management (NZ) Limited New Zealand St.George Procurement Management Pty Limited BT Funds Management Limited St.George Security Holdings Pty Limited BT Funds Management No.2 Limited Sydney Capital Corp Inc. USA BT Investment Management (Fund Services) Limited Tavarua Funding Trust IV USA BT Investment Management (Institutional) Limited Teuton Pty Limited BT Investment Management Limited The Home Mortgage Company Limited New Zealand BT Long Term Income Fund The Mortgage Company Pty Limited BT Portfolio Services Limited The Warehouse Financial Services Limited New Zealand BT Private Nominees Pty Limited Value Nominees Pty Limited BT Limited W2 Investments Pty Limited BT Short Term Income Fund Waratah Receivables Corp Pty Limited BTIM UK Limited UK Waratah Limited Canning Park Capital Pte. Ltd Westpac (NZ) Investments Limited New Zealand Capital Corporate Finance Limited Westpac Administration Pty Limited Capital Finance (NZ) Limited Westpac Administration 2 Limited Capital Finance Limited Westpac Administration 3 Limited Page 6 of 8
Capital Finance New Zealand Limited Westpac Administration 4 Limited Capital Fleetlease Limited Westpac Altitude Rewards Trust Capital Motor Finance Limited Westpac Americas Inc. USA Capital Rent Group Limited New Zealand Westpac Asian Lending Pty Limited Castlereagh Trust Westpac Bank of Tonga Tonga CBA Limited Westpac Bank Samoa Limited Samoa Challenge Limited Westpac Bank-PNG-Limited Core Infrastructure Income Feeder 1 L P UK Westpac Capital Holdings Inc. USA Core Infrastructure Income Feeder 2 L P UK Westpac Capital Markets Holding Corp. USA Core Infrastructure Income Master L P UK Westpac Capital Markets LLC USA Crusade ABS Series 2012-1 Trust Westpac Capital Trust IV USA Papua New Guinea Crusade ABS Series 2013-1 Trust Westpac Capital-NZ-Limited New Zealand Crusade CP Management Pty Limited Westpac Cash PIE Fund Crusade CP No.1 Pty Limited Westpac Cook Cove Trust I Crusade CP Trust No. 52 Westpac Cook Cove Trust II Crusade CP Trust No. 53 Westpac Covered Bond Trust Crusade CP Trust No. 55 Westpac Custodian Nominees Pty Limited Crusade CP Trust No. 56 Westpac Debt Pty Limited Crusade CP Trust No. 57 Westpac Delta LLC USA Crusade CP Trust No. 58 Westpac Direct Equity Investments Pty Limited Crusade Euro Trust 1E of 2006 Westpac Equipment Finance (No.1) Pty Limited Crusade Euro Trust 1E of 2007 Westpac Equipment Finance Limited Crusade Global Trust 1 of 2006 Westpac Equity Holdings Pty Limited Crusade Global Trust 1 of 2007 Westpac Equity Investments NZ Limited New Zealand Crusade Global Trust 2 of 2005 Westpac Equity Pty Limited Crusade Global Trust 2 of 2006 Westpac Europe Limited UK Crusade Management Limited Westpac Finance (HK) Limited Hong Kong Crusade Trust 1A of 2005 Westpac Financial Consultants Limited Crusade 2P Trust of 2008 Westpac Financial Holdings Pty Limited Danaby Pty Limited Westpac Financial Services Group Limited Data Republic Holdings Pty Limited Westpac Financial Services Group-NZ-Limited New Zealand eqr Pty. Limited Westpac Financial Services Limited Europe Infrastructure Debt LP UK Westpac Funds Financing Holdco Pty Limited G.C.L. Investments Pty Limited Westpac Funds Financing Pty Limited General Credit Holdings Pty Limited Westpac General Insurance Limited General Credits Pty Limited Westpac General Insurance Services Limited Halcyon Pty Limited Westpac Global Capital Markets Pty Limited Hastings Advisers LLC USA Westpac Group Investment-NZ-Limited New Zealand Hastings Forestry Investments Limited New Zealand Westpac Group Investments Pty Limited Hastings Forests Pty Limited Westpac Holdings-NZ-Limited New Zealand Hastings Funds Management (UK) Limited Singapore Westpac Investment Capital Corporation USA Hastings Funds Management (USA) Inc. UK Westpac Investment Vehicle No.2 Pty Limited Hastings Funds Management Asia Pty. Limited USA Westpac Investment Vehicle No.3 Pty Limited Hastings Funds Management Limited Westpac Investment Vehicle Pty Limited Hastings Infrastructure 1 Limited UK Westpac Leasing Nominees-Vic.-Pty Limited Hastings Infrastructure 2 Limited UK Westpac Lenders Mortgage Insurance Limited Hastings Investment Capital LP USA Westpac Life Insurance Services Limited Page 7 of 8
Hastings Investment Management Pty Ltd USA Westpac Life-NZ-Limited New Zealand Hastings Investment Management (Europe) Ltd UK Westpac New Zealand Group Limited New Zealand Hastings Investments GP LLC Westpac New Zealand Limited New Zealand Hastings Korea Company Limited Korea Westpac Nominees-NZ-Limited New Zealand Hastings Management Pty Limited Westpac Notice saver PIE Fund Hastings Private Equity Fund IIA Pty Limited Westpac NZ Covered Bond Holdings Limited New Zealand Hickory Trust Westpac NZ Covered Bond Limited New Zealand Hitton Pty Limited Westpac NZ Operations Limited New Zealand HLT Custodian Trust New Zealand Westpac NZ Securitisation Holdings Limited New Zealand Infrastructure GP LLP UK Westpac NZ Securitisation Limited New Zealand Infrastructure GP 2 LLP UK Westpac NZ Securitisation No. 2 Limited New Zealand Infrastructure Research and Advisory Services Private Limited India Westpac Overseas Holdings No. 2 Pty Limited J O Hambro Capital Management Holdings Limited UK Westpac Overseas Holdings Pty Limited J O Hambro Capital Management Limited UK Westpac Pacific Limited Partnership JOHCM (Singapore) Pte Limited Singapore Westpac Properties Limited JOHCM (USA) Inc USA Westpac RE Limited Magnitude Group Pty Limited Westpac Administration Limited MIF Custodian Trust New Zealand Westpac Limited Mortgage Management Pty Limited Westpac NZ Limited New Zealand Nationwide Management Pty Limited Westpac Securitisation Holdings Pty Limited Net Nominees Limited Westpac Securitisation Management Pty Limited North Ryde Office Trust Westpac Singapore Limited Singapore Number 120 Limited New Zealand Westpac Structured Products Limited Oniston Pty Limited Westpac Superannuation Nominees-NZ-Limited New Zealand Partnership Pacific Pty Limited Westpac Syndications Management Pty Limited Partnership Pacific Pty Limited Westpac Term PIE Fund New Zealand Pashley Investments Pty Limited Westpac TPS Trust Qvalent Pty Limited Westpac Unit Trust RAMS Financial Group Pty Limited Westpac USA Inc. USA Note: Westpac retains 59.6% ownership of BT Investment Management Limited who lodges separate notices under ASX code BTT BT Investment Management Limited (59.6%) BT Investment Management (Institutional) Limited (Subsidiary of BT Investment Management Limited) Page 8 of 8