605 Form 605 Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder


605 Page 1 of 2 15 July 2001

ToCompany Name/Scheme Vision Eye Institute Limited


ACN/ARSN 098 890 816

1. Details of substantial holder (1)

Name National Nominees Ltd ACF Australian Ethical Investment

ACN/ARSN (if applicable) ARSN 089 919 175

The holder ceased to be a substantial holder on

29/10/2014

The previous notice was given to the company on

01/09/2014

The previous notice was dated

04/09/2014

2. Changes 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 t he company or scheme are as follows:

Date of change

Person whose relevant interest

changed

Nature of change (4)

Consideration given in relation to change (5)

Class (6) and number of

securities affected

Person's votes affected

Please

see attached trade listing.

3. Changes in association

The persons who have become associates (3) of, c eased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)

Nature of association

N/A

4. Addresses


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

Name

Address

National Nominees Ltd

Level 12, 500 Bourke Street, Melbourne VIC 3000

Australian Ethical

Smaller Companies Trust

GPO Box 2435, Canberra, ACT, 2601

Signature

print name

Lyndal Hughson

capacity

Fund Accountant


605 Page 2 of 2 15 July 2001

sign here date 24/11/2014

DIRECTIONS

(1)

If there are a number of substantial holders with similar or related relevant interests (eg. 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 paragrap h 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)

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 an d accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b)

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 to 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 Corpora tions 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 benefi t 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 w as 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 holdin g notice.

Company Name

Date of change

Person whose relevant interest changed

Nature of change

Consideration given in relation to change

Class and number of securities affected

Vision Eye Institute Limited

29/10/2014

National Nominees ACF Australian Ethical Smaller Companies Trust

Sale

540,000.00

750,000.00

Vision Eye Institute Limited

24/10/2014

ditto

Purchase (R+)

900,000.00

1,500,000.00

Vision Eye Institute Limited

04/09/2014

ditto

Sale

44,657.90

63,219.00

distributed by