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 ARSN 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 30/03/2016

   
   

   The previous notice was given to the company on 03/02/2016

   
   

   The previous notice was dated 01/02/2016

   
   

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
   30/03/2016	WBC & its Associates , 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 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 01/04/2016

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 - 01/04/2016




Sales & Purchases for the period : 2/02/2016 to 30/03/2016 SECURITY: GDF




Advance Asset Management Limited




Date	Registered Company	Nature of Change	Quantity	Consideration	Class of Securities	votes affected
2/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-5,781	-5,434.14	Ordinary	5,781
2/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-15,831	-14,881.14	Ordinary	15,831
4/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-26,700	-25,098.00	Ordinary	26,700
11/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-16,575	-15,580.50	Ordinary	16,575
24/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-12,500	-11,750.00	Ordinary	12,500
25/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-24,500	-22,785.00	Ordinary	24,500
26/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-2,131	-1,981.83	Ordinary	2,131
26/02/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-37,976	-35,317.68	Ordinary	37,976
3/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-997	-927.21	Ordinary	997
8/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-5,838	-5,429.34	Ordinary	5,838
22/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-2,002	-1,861.86	Ordinary	2,002
22/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-46,068	-42,843.24	Ordinary	46,068
23/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-57,034	-53,041.62	Ordinary	57,034
24/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-16,164	-15,194.16	Ordinary	16,164
24/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-25,062	-23,558.28	Ordinary	25,062
29/03/2016	HSBC Custody Nominees (Australia) Limited.	Sale	-35,125	-33,017.50	Ordinary	35,125
Total	-330,284	-308,701.50
Advance Asset Management Limited Total :	-330,284	-308,701.50

Person's




BT Funds Management (NZ) Limited




Date	Registered Company	Nature of Change	Quantity	Consideration	Class of Securities	votes affected
11/02/2016	HSBC Custody Nominees (Australia) Limited.	Purchase	46,988	46,499.32	Ordinary	46,988
12/02/2016	HSBC Custody Nominees (Australia) Limited.	Purchase	55,423	55,345.41	Ordinary	55,423
15/02/2016	HSBC Custody Nominees (Australia) Limited.	Purchase	32,081	32,360.10	Ordinary	32,081
18/02/2016	HSBC Custody Nominees (Australia) Limited.	Purchase	45,508	45,767.40	Ordinary	45,508
Total	180,000	179,972.23

Person's




BT Funds Management (NZ) Limited Total : 180,000 179,972.23







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