Sydney

Level 15, 255 Pitt Street Sydney NSW 2000 Australia GPO Box 3698 Sydney NSW 2001 www.challenger.com.au

Telephone 02 9994 7000 Facsimile 02 9994 7777

The Manager Company Announcements Office

Australian Stock Exchange Limited

SYDNEY NSW 2000

20 Bridge Street

9 April 2009

By electronic lodgement

Dear Sir

Re: Notice of change of interests of substantial holder $\sim$ Flat Glass Industries Limited (FGI)

We enclose notice of change of interests of substantial holder in Flat Glass Industries Limited. This notice is given by Challenger Financial Services Group Limited and each of its subsidiaries named in Annexure 1 to this notice.

Yours faithfully

Syame Kopenharap

Suzie Koeppenkastrop Company Secretary

attach

Melbourne Level 10, 101 Collins Street PO Box 297, Flinders Lane, Melbourne VIC 3000 Telephone 03 8616 1800 Facsimile 03 8616 1899
Brisbane Level 7, 320 Adelaide Street GPO Box 3234, Brisbane QLD 4001 Telephone 07 3218 800 Adelaide Level 1, 212 Pirie Street Adelaide SA 5000 Telephone 08 8228 3270 Facsimile 08 8212 1661

Challenger Financial Services Group Limited ABN 85 106 842 371 Challenger Group Services Pty Limited ABN 91 085 657 307 Challenger Life Company Limited ABN 44 072 486 938 AFSL 234670 Challenger Commercial Lending Limited ABN 65 000 033 143 Challenger Managed Investments Limited ABN 94 002 385 592 AFSL 234668 Challenger Listed Investments Limited ABN 94 035-398 287
CIF Investment Trust 1 ARSN 114 139 703 CIF Investment Trust 2 ARSN 114 139 632 Challenger Wine

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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:

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

6. Addresses

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

This is page 1 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 09/04/2009

Syame Kopenharap

Suzie Koeppenkastrop

Company Secretary

i.

This is page 2 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 09/04/2009

Syanne Koppenharap

Suzie Koeppenkastrop
Company Secretary

This is page 3 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 09/04/2009

Syanne Koppenharap

Suzie Koeppenkastrop
Company Secretary

This is page 4 of 4 pages of Annexure 1 referred to in Form 604 signed by me and dated 09/04/2009

Syame Kopenharap

Suzie Koeppenkastrop Company Secretary

This is page 1 of 1 page of Annexure 2 referred to in Form 604 signed by me and dated

09/04/2009

Syame Koppenharrop

Suzie Koeppenkastrop

Transactions:

Flat Glass Industries Limited FGI Ordinary Fully Paid As at 07/04/09

$\mathcal{Q}$