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CHALLENGER LIMITED Major Shareholding Notification 2004

Apr 12, 2004

64641_rns_2004-04-12_dafc59c1-5957-41a9-8735-f2d3c816c2b5.pdf

Major Shareholding Notification

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Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme Gloucester Coal Ltd
ACN/ARSN 008 881 712
1. Details of substantial holder (1)
Name
ACN/ARSN (if applicable) Challenger Financial Services Group Limited (and the entities listed in Annexure 1)
106 842 371
The holder became a substantial holder on 05/04/2004

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4) Number of securities Persons' votes (5) Voting power (6)
Ordinary Fully Paid .000
.903.
c 7 c
794.
.672
3.15%

3. Details of relevant interests

The nature of the refevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest Nature of relevant interest (7) Class and number of securities
See Annexure 2 See Annexure 2 See Annexure 2
Note B

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant
interest
Registered holder of
Securities
Person entitled to be
registered as holder (8)
Class and number
of securities
See Annexure 2 See Annexure 2 See Annexure 2 See Annexure 2

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant Date of acquisition Consideration (9) Class and number
inferest Cash Non-cash of securities
See Annexure 2 See Annexure 2 See
Annexure 2
See Annexure 2

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association
See Annexure 2 see
Annexure 2
Notes Notes

7. Addresses

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

Name Address
Challenger Financial Services Group Level 41, Aurora Place, 88 Phillip Street, Sydney NSW
2000
And each other entity named in Annexure 1
Refer Annexure 2 Note A Annexure 2 Note A

Signature

print name S J Nelson

Company Secretary capacity

08.04.04 date

Annexure 1

This is page 1 of 3 pages of Annexure 1 referred to in Form 603 signed by me and dated 08/04/2004.

S J Nelson
Company Secretary
Company/Scheme ABN/ARSN
Challenger Financial Services Group Limited 85 106 842 371
Challenger Financial Services Group 091 545 185
Challenger Group Holdings Limited 50 002 993 302
eFinancial Capital Limited 58 089 796 798
Allfine Holdings Pty Ltd 84 100 231 918
Beston Financial Management Pty Limited 64 081 985 088
Beston Pacific Vineyard Management Limited 35 079 882 161
BluePeak Institutional Private Equity Pooled Fund Limited 16 092 735 512
BluePeak Private Equity Pooled Fund Limited 20 092 735 594
Bluezen Pty Ltd 94 100 220 175
BluePeak VC Technology Pooled Fund Limited 48 077 305 198
Cescade Pty Limited 76 096 097 399
Challenger Beston Limited 94 055 293 644
Challenger Biotech Management Limited 29 092 382 842
Challenger Capital Fund Limited 45 092 467 591
Challenger Capital Markets Limited 38 099 742 122
Challenger Corporate Superannuation Pty Limited 37 097 635 366
Challenger E-Commerce Limited 85 086 854 471
Challenger Equities Limited 45 009 568 503
Challenger Equity Lending Limited 26 079 047 804
Challenger Freeholds Limited 26 009 568 487
Challenger Group Pty Limited 85 003 374 196
Challenger Group Services Pty. Ltd. 91 085 657 307
Challenger Hedging Limited 38 087 464 131
Challenger International Nominees Limited 70 003 942 765
Challenger IT Pty Ltd 25 094 934 399
Challenger Lending No.1 Pty. Limited 70 085 447 865
Challenger Life Limited 60 006 381 193
Challenger Life No.2 Limited 44 072 486 938
Challenger Managed Investments Limited 94 002 835 592
Challenger Margin Lending Limited 47 091 338 822
Challenger ML Nominees Pty Limited 79 008 411 943
Challenger Mortgage Management Limited 65 000 033 143
Challenger Portfolio Management Limited 29 064 545 124
Challenger Property Capital Limited
Challenger Property Finance Limited
36 078 326 128
72 093 308 028
Challenger Property Funds Management Limited 34 078 627 013
90 077 569 021
Challenger Property Asset Management Pty Ltd
Challenger Property Nominees Pty Limited
39 091 336 793
Challenger Property Services Pty. Ltd. 33 080 916 052
Challenger Securities Limited 28 009 568 496
Challenger Superannuation Pty Ltd 52 006 475 501
Challenger Superannuation Services Pty Limited 95 078 028 798
Challenger Treasury Limited 47 093 307 996
Challenger Wealthlink Management Limited 92 082 448 075

Annexure 1

This is page 2 of 3 pages of Annexure 1 referred to in Form 603 signed by me and dated 08/04/2004.

S J Nelson
Company Secretary

CFSG Holdings No.1 Victoria Pty Limited 107 728 030
CFSG Holdings No.1 Victoria Pty Limited 107 601 605
CPH B2B Co. Pty Ltd 093 267 135
CPH B2B Investments Pty Ltd 093 550 200
CPHIC Financial Services Pty Ltd 095 085 466
CPHIC Investments Pty Ltd 093 340 526
FXF Finance Pty Ltd 080 419 521
FXF Holdings Pty Ltd 080 419 512
FXF Investments Pty Ltd 080 149 549
5DI Pty Ltd 81 099 309 887
Galaxy Investment Wrap Pty Ltd 102 597 946
Garrisons Pty Limited 50 009 556 370
Garrisons (Hobart) Pty Ltd 057 707 687
Garrisons (Rosny) Pty Ltd 085 645 860
Howard Pacific Limited 54 071 735 665
HFH Staff Pty Limited 33 080 225 985
Integrated Equity Pty. Ltd. 77 059 686 289
Interstar Home Loan Corporation Pty Limited 058 891 302
Interstar Mortgage Management Pty Limited 082 014 702
Interstar Securities (Australia) Pty Limited 087 271 109
Interstar Securities Holdings Pty Limited 087 284 240
Interstar Securities (International) Pty Limited 087 271 225
Interstar Securitisation Management Pty Limited 100 346 898
Interstar Securities (NZ) Pty Ltd 087 217 136
Iroka Pty. Limited 85 080 036 657
Mawbury Pty Limited 95 096 097 479
School Family Program Management Pty Limited 31 097 463 619
Synergy Capital Management Limited 19 062 264 108
Talavera Herring Pty Limited 34 086 068 984
The Liberty Group Consortium Pty Ltd 79 082 564 289
TLGH Pty Limited 85 092 927 467
TLG Services Pty Limited 20 092 500 608
Venture Link Australia Limited 26 003 162 025
Zed Capital Markets Structured Finance Pty Limited 095 300 502
Overseas Companies
Challenger International (New Zealand) Limited
Challenger Securities (New Zealand) Limited
Challenger Beston Limited
Sabrand Limited
Challenger Hungary International Capital and Management Limited Liability
Company

Annexure 1

This is page 3 of 3 pages of Annexure 1 referred to in Form 603 signed by me and dated 08/04/2004.

S J Nelson
Company Secretary

Challenger REIT Number 1 Limited
Challenger Milk Street LLC
Challenger South Monaco LLC (US)
Challenger Las Cimas LLC
Challenger Life (UK) Limited
Challenger Group (UK) Limited
Interstar Home Loan Corporation NZ Limited
Interstar Securities NZ Limited
SEIZA Asset Management (Bermuda) Limited
ZCM Australia Asset Holdings Limited

ANNEXURE 2

This is page 1 of 2 pages of Annexure 2 referred to in Form 603 signed by me and dated 08/04/2004.

S J Nelson

Company Secretary

Class and
number of
Holder of Relevant Interest Registered Holder Note securities (Fully
Paid Ordinary)
Challenger Managed Investments Limited
as Responsible Entity for:
Challenger Smaller Companies Fund
Challenger Orion Share Fund
State Street on behalf of Challenger Managed
Investments Limited as Responsible Entity:
for Challenger Smaller Companies Fund
for Challenger Orion Share Fund
B
В
0
0
Challenger Boutique ASP for Challenger Boutique ASP В 0
TOTAL as at: 7/4/04 O
Trade Date Nature of change Price (\$) Value $$)$ Quantity
5/04/2004
5/04/2004
5/04/2004
Purchase
Purchase
Purchase
0.6923
0.6900 \$
$0.6900$ \$
\$
3,210,560
56,305
52,019
4,637,681
81,601
75,390
Balance as at: 7/04/04 4,794,672
Number of units on issue 77,903,000
Number of issued units held (%) 6.15%
Holder of Relevant Interest Registered Holder Note Class and
number of
securities (Fully
Paid Ordinary)
Challenger Managed Investments Limited State Street on behalf of Challenger Managed
as Responsible Entity for
Challenger Smaller Companies Fund
Investments Limited as Responsible Entity
for Challenger Smaller Companies Fund
B 4,637,681
Challenger Orion Share Fund
Challenger Boutique ASP
for Challenger Orion Share Fund
for Challenger Boutique ASP
В
В
81,601
75,390

Balance as at: 7/04/04

NOTES

A in this Annexure:

"Challenger Financial Services Group Limited" means Challenger Financial Services Group Limited (ACN 002 993 302) of Level 41, Aurora Place, 88 Phillip Street, Sydney NSW 2000.

4,794,672

ANNEXURE 2

This is page 2 of 2 pages of Annexure 2 referred to in Form 603 signed by me and dated 8/04/2004.

S J Nelson

Company Secretary

"Challenger Managed Investments Limited" means Challenger Managed Investments Limited (ACN 002 835 592) a wholly owned subsidiary of Howard Mortgage Management Limited (ACN 003 033 143) which is a wholly owned subsidiary of Challenger Life Limited (ACN 006 381 193) which is a wholly owned subsidiary of Iroka Pty Limited (ACN 080 036 657) which is a wholly owned subsidiary of Challenger Financial Services Group Limited.

"State Street" means State Street Australia Limited (ACN 002 965 200) of State Street Centre, 338 Pitt Street, Sydney NSW 2000.

Explanation of Relationship and Nature of Relevant Interests В.

Registered Holder On behalf of Nature of relevant interest
State Street Limited Challenger Managed Investments Limited as
Responsible Entity for Challenger Smaller
Companies Fund, Challenger Orion Share
Fund and Challenger Boutique ASP
lPursuant to the
lConstitution of
Challenger Smaller
ैCompanies Fund the
responsible entity,
Challenger Managed
Investments Limited, has
the power to control
voting and/or disposal of
securities.
lAssociates Nature of Association
Companies listed in Annexure 1. Each of the Companies listed in Annexure 1.