BAP: Ceasing to be a substantial holder from WBC

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

To Company Name/Scheme BURSON GROUP LIMITED (BAP)

ACN/ARSN ACN 153 199 912

1. Details of substantial holder(1)

   Name WESTPAC BANKING CORPORATION (WBC) and its associated entities listed

   in Annexure 'B '

   ACN/ARSN (if applicable) ACN 007 457 141

   The holder ceased to be a

   substantial holder on 02/05/2016

   The previous notice was given to the company on 21/04/2016

   The previous notice was dated 19/04/2016

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 the 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
   02/05/2016	WBC & its Associates , Asgard Capital Management Limited, Westpac Financial Services Limited, BT Funds Management Limited, Advance Asset Management Limited, BT Funds Management No.2 Limited, BT Investment Management (Institutional) Limited, BT Investment Management (Fund Services) Limited	See Annexure 'A'	See Annexure 'A'	See Annexure 'A'	See Annexure 'A'

3. Changes 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)	Nature of association

4. Addresses

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

Name	Address
Westpac Banking Corporation (WBC)	Level 20, Westpac Place, 275 Kent Street, Sydney NSW 2000
Asgard Capital Management Limited	Level 20, Westpac Place, 275 Kent Street, Sydney NSW 2000
Westpac Financial Services Limited	Level 20, Westpac Place, 275 Kent Street, Sydney NSW 2000
BT Funds Management Limited	Level 20, Westpac Place, 275 Kent Street, Sydney NSW 2000
Advance Asset Management Limited	Level 20, Westpac Place, 275 Kent Street, Sydney NSW 2000
BT Funds Management No.2 Limited	Level 20, Westpac Place, 275 Kent Street, Sydney NSW 2000
BT Investment Management (Institutional) Limited	Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW 2000
BT Investment Management (Fund Services) Limited	Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW 2000
BURSON GROUP LIMITED (BAP)	The Company Secretary, BURSON GROUP LIMITED (BAP) 61 Gower Street PRESTON VIC 3072 Tel: +61 3 9914 5555

Signature

Print name Tim Hartin Capacity Company Secretary

Sign here Date 05/05/2016

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:

5. 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

6. 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.

7. 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.

8. The voting shares of a company constitute one class unless divided into separate classes.

9. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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 - 05/05/2016

Sales & Purchases for the period : 20/04/2016 to 02/05/2016 SECURITY: BAP

Advance Asset Management Limited Person's
Nature of	Quantity	Class of	votes
Date	Registered Company	Change	Consideration	Securities	affected
21/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-4,600	-22,954.00	Ordinary	4,600
21/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-5,400	-26,946.00	Ordinary	5,400
22/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-4,000	-19,640.00	Ordinary	4,000
22/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-32,000	-157,120.00	Ordinary	32,000
22/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-5,000	-24,550.00	Ordinary	5,000
22/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-39,000	-191,490.00	Ordinary	39,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-30,000	-149,400.00	Ordinary	30,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-225,400	-1,122,492.00	Ordinary	225,400
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-11,600	-57,768.00	Ordinary	11,600
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-331,225	-1,649,500.50	Ordinary	331,225
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-17,349	-86,398.02	Ordinary	17,349
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-105,599	-525,883.02	Ordinary	105,599
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-68,172	-339,496.56	Ordinary	68,172
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-2,039	-10,154.22	Ordinary	2,039
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-8,755	-43,599.90	Ordinary	8,755
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-45,000	-224,100.00	Ordinary	45,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-84,000	-418,320.00	Ordinary	84,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-65,000	-323,700.00	Ordinary	65,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-45,000	-224,100.00	Ordinary	45,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-58,000	-288,840.00	Ordinary	58,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-67,000	-333,660.00	Ordinary	67,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-90,000	-448,200.00	Ordinary	90,000
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-54,533	-271,574.34	Ordinary	54,533
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-198,467	-988,365.66	Ordinary	198,467
29/04/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-43,000	-214,140.00	Ordinary	43,000
Total	-1,640,139	-8,162,392.22
Advance Asset Management Limited Total :	-1,640,139	-8,162,392.22
BT Funds Management Limited Person's
Nature of	Quantity	Class of	votes
Date	Registered Company	Change	Consideration	Securities	affected
20/04/2016	BT Portfolio Services Limited	Purchase	2,500	12,361.25	Ordinary	2,500
20/04/2016	BT Portfolio Services Limited	Purchase	290	1,438.40	Ordinary	290
21/04/2016	BT Portfolio Services Limited	Purchase	1,500	7,356.30	Ordinary	1,500
22/04/2016	BT Portfolio Services Limited	Purchase	1,610	8,215.19	Ordinary	1,610
22/04/2016	BT Portfolio Services Limited	Purchase	200	1,040.34	Ordinary	200
22/04/2016	BT Portfolio Services Limited	Purchase	100	535.34	Ordinary	100
26/04/2016	BT Portfolio Services Limited	Purchase	396	1,996.55	Ordinary	396

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