amp becoming a substantial holder

To: Bluefreeway Limited
ACN/ARSN: 122 262 819
1. Details of substantial holder
Name: AMP Limited (ACN 079 354 519) and its related bodies corporate.
The holder became a substantial holder on 24-May-2007
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 had a relevant interest on the date the substantial
holder became a substantial holder are as follows:
Class of securities Number of Securities Persons’ votes Voting power
Fully Paid Ordinary 3,029,000 3,029,000 5.02%
3. Details of relevant interests
The nature of 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 Nature of relevant interests
Class and number of
securities
Person's votes
affected
AMP Life Limited ("AMP Life") Fully Paid Ordinary:
2,800,000
2,800,000
AMP Capital Investors Limited
('AMP Capital')
Fully Paid Ordinary:
229,000
229,000
Total: 3,029,000
4. Present relevant interests
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
Person entitled to be
registered as holder
Class and number of
securities
Person’s votes
affected
AMP Life Limited AMP Life Limited AMP Life Limited Fully Paid Ordinary:
2,800,000
2,800,000
AMP Capital Investors Limited Cogent Nominees Pty
Limited
Cogent Nominees Pty
Limited
Fully Paid Ordinary:
229,000
229,000
Total: 3,029,000
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 Consideration
Class and number of
securities
AMP Life Limited 9-Mar-2007 to 16-Mar-2007 $1,158,400.64
Fully Paid Ordinary
800,000
Cogent Nominees Pty Limited
23-May-2007 to 24-May-
2007 $358,071.09
Fully Paid Ordinary
229,000
6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
Name and ACN (if applicable) Nature of association
AMP Life Limited (ACN 079
300 379)
Related bodies corporate of AMP Limited under Part 1.2 of the Corporations Law.
AMP Capital Investors Limited
(ACN 001 777 591)
Related bodies corporate of AMP Limited under Part 1.2 of the Corporations Law.
AMP Capital, in its capacity as the investment manager
for the persons or trusts listed besides its name in
Paragraph 4, has the power to control voting and/or the
disposal of securities. AMP Capital is a controlled body
corporate of AMP Limited within the meaning of Section
608(3) of the Corporations Law
Notice of Initial Substantial Holder
AMP Life is entitled to be the registered holder of the
class and number of securities listed beside its name.
AMP Life is a controlled body corporate of AMP Limited
within the meaning of Section 608(3) of the
Corporations Law
Form 603
Corporations Law
Section 671B