Westpac Banking : GDF: 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 GARDA DIVERSIFIED PROPERTY FUND (GDF)

ACN/ARSN ACN 104 391 273

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 28/01/2016

   
   

   The previous notice was given to the company on 6/11/2015

   
   

   The previous notice was dated 4/11/2015

   
   

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
   28/01/2016	WBC & its Associates BT Investment Management (Fund Services) Limited, BT Funds Management Limited, Advance Asset Management Limited, BT Funds Management (NZ) 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
BT Investment Management (Fund Services) Limited	Level 14, Chifley Tower, 2 Chifley Square, 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 (NZ) Limited	Westpac On Takutai Square 16 Takutai Square Auckland 1010 New Zealand
GARDA DIVERSIFIED PROPERTY FUND (GDF)	The Company Secretary, GARDA DIVERSIFIED PROPERTY FUND (GDF) Level 21, 12 Creek Street BRISBANE QLD 4000 Tel: +61 7 3002 5300

Signature

Print name Tim Hartin Capacity Company Secretary

Sign here Date 01/02/2016

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 - 01/02/2016




Sales & Purchases for the period : 5/11/2015 to 28/01/2016
SECURITY: GDF
Advance Asset Management Limited
Date	Registered Company	Nature of Change	Quantity	Consideration	Class of Securities	Person's votes affected
14/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-52,412	-49,791.40	Ordinary	52,412
16/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-77,252	-73,389.40	Ordinary	77,252
16/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-13,333	-12,666.35	Ordinary	13,333
21/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-10,000	-9,500.00	Ordinary	10,000
22/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-33,771	-32,082.45	Ordinary	33,771
23/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-16,563	-15,734.85	Ordinary	16,563
24/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-40,000	-38,000.00	Ordinary	40,000
29/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-29,264	-27,508.16	Ordinary	29,264
30/12/2015	HSBC Custody Nominees (Australia) Limited.	Sale	-73,146	-68,757.24	Ordinary	73,146
4/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-10,000	-9,400.00	Ordinary	10,000
5/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-36,000	-33,840.00	Ordinary	36,000
6/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-40,500	-38,070.00	Ordinary	40,500
7/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-25,000	-23,500.00	Ordinary	25,000
11/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-12,608	-11,851.52	Ordinary	12,608
12/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-25,108	-23,601.52	Ordinary	25,108
13/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-42,000	-39,480.00	Ordinary	42,000
15/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-8,000	-7,520.00	Ordinary	8,000
21/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-95,043	-88,389.99	Ordinary	95,043
21/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-12,477	-11,603.61	Ordinary	12,477
22/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-60,000	-55,800.00	Ordinary	60,000
22/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-97,523	-90,696.39	Ordinary	97,523
22/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-53,602	-49,849.86	Ordinary	53,602
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-15,831	-14,722.83	Ordinary	15,831
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-128,164	-119,192.52	Ordinary	128,164
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-46,813	-43,536.09	Ordinary	46,813
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-55,000	-51,150.00	Ordinary	55,000
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-31,572	-29,361.96	Ordinary	31,572
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-100,000	-93,000.00	Ordinary	100,000
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-44,169	-41,077.17	Ordinary	44,169
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-31,398	-29,200.14	Ordinary	31,398
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-80,000	-74,400.00	Ordinary	80,000
25/01/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-88,187	-82,013.91	Ordinary	88,187
Total	-1,484,736	-1,388,687.36
Advance Asset Management Limited Total :	-1,484,736	-1,388,687.36
BT Funds Management Limited
Date	Registered Company	Nature of Change	Quantity	Consideration	Class of Securities	Person's votes affected