New Substantial Holder for St George Bank
2008-11-28 16:08:00+10:00
St George Bank [ASX:SGB] has announced that a new organisation is becoming a Substantial Holder in the company for the first time. The organization has acquired 56,047,948 ordinary shares giving it voting power of 9.89%. St George Bank has issued similar announcements one time before, most recently about 0 minutes ago on Thursday 27 November 2008. The announcement 'Becoming a Substantial Holder From BTT' was issued to the ASX on Friday 28 November 2008. [Notice Type: Substantial Holding Notice - Initial]

Becoming a substantial holder from BTT
Friday 28 Nov 2008

28 November 2008

Company Announcements Platform Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam, Notice of Initial Substantial Holder In accordance with section 671B of the Corporations Act 2001 (Cth), we attach a Notice of Initial Substantial Holder (Form 603) in respect of St George Bank Limited. A substantial portion of the holdings referred to in the attached notice arose from an off-market allocation of shares to Westpac Banking Corporation (WBC) on 25 November 2008. Further details are contained in documents lodged with the ASX by Westpac Banking Corporation on 27 November 2008, including a Notice of Initial Substantial Holder, substantially in the same terms as the attached notice. Yours faithfully,

Chris Millard Company Secretary

BT Investment Management Limited ABN 28 126 385 822

GPO Box 7072 Sydney NSW 2001 Australia

BT® is a registered trade mark of BT Financial Group Pty Ltd and is used under licence

The Chifley Tower Level 15, 2 Chifley Square Sydney NSW 2000 Australia Tel 612 8253 2999

www.btim.com.au

Form 603
Corporations Law Section 671B

Notice of initial substantial holder

To

Company Name/Scheme

ST GEORGE BANK LIMITED

ACN/ARSN

ABN 92 055 513 070

1.

Details of substantial holder(1) BT INVESTMENET MANAGEMENT LIMITED (BTT)

Name

ACN/ARSN (if applicable)

ABN 28 126 385 822

The holder became a substantial holder on

25/11/2008

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 Number of securities Person’s votes (5) Voting power (6)

ORDINARY SHARES
3.

56,047,948

56,047,948

9.89%

Details of relevant interests

The nature of the relevant 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 Registered holder of securities Nature of relevant interest (6) Number of securities

BT Investment Management No.2 Limited

HSBC Custody Nominees (Australia) Limited RBC Dexia Investor Services Trust.

BT Funds Management No.2 Limited

HSBC Custody Nominees (Australia) Limited.

BT Investment Management No.2 Limited is the manager of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares. BT Funds Management No 2 Limited is or may be the Manager of various Superannuation funds, Institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or

3,728

148,790

Page 1 of 26

BT Funds Management Limited

HSBC Custody Nominees (Australia) Limited.

Westpac Financial Services Group Limited

HSBC Custody Nominees (Australia) Limited.

dispose of the shares. BT Funds Management Limited is the manager of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares. Westpac Financial Services Group Limited Registered Holder of Securities. ABN: 50 000 326 312 BT Investment Management No.3 Pty Limited is the manager of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares. BT Investment Management (RE) Limited is the RE and fund manager of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares.

384,037

436,497

BT Investment Management No.3 Pty Limited

HSBC Custody Nominees (Australia) Limited.

598,681

BT Investment Management (RE) Limited

HSBC Custody Nominees (Australia) Limited. The Northern Trust company. Permanent Trustee Australia Limited. NCS (National Bank Custodian Services). National Custodian Nominees. National Australia Bank Limited. JP Morgan Chase Bank. IAG Nominees Limited. Citicorp Nominees Pty Limited. BNP Fund Services Australasia Pty Limited.

2,865,975

Page 2 of 26

Westpac Banking Corporation Limited

Westpac Banking Corporation Limited.

Westpac Banking Corporation Limited is the Registered Holder of these Securities. In that capacity, can exercise the power to vote or dispose of the shares.

51,610,240

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 Persons entitled to be registered as holder (8) Class and number of securities

BT Investment Management No.2 Limited BT Funds Management No.2 Limited BT Funds Management Limited Westpac Financial Services Group Limited BT Investment Management No.3 Pty Limited BT Investment Management (RE) Limited Westpac Banking Corporation Limited

HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited Westpac Banking Corporation Limited

See Schedule

See Schedule

See Schedule

See Schedule

See Schedule

See Schedule

See Schedule

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 interest Date of acquisition Cash Consideration (9) Non-cash Class and number of securities

WBC & associates
6. Associates

See Schedule

See Schedule

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

7.

Addresses

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

Westpac Banking Corporation (WBC)

Level 20, Westpac Place, 275 Kent St, Sydney NSW 2000 Page 3 of 26

Westpac Financial Services Group Limited (WFSG) BT Investment Management No.2 Limited BT Funds Management No.2 Limited BT Funds Management Limited Westpac Financial Services Group Limited BT Investment Management No.3 Pty Limited BT Investment Management (RE) Limited ST GEORGE BANK

Level 20 ...