vsl - im ups it's stake, page-2

Date Shareholder Previous % New % Shares Traded
03-03-05 Investors Mutual Limited 16.15% 17.21% 1,867,306
08-12-04 Investors Mutual Limited 14.94% 16.15% 2,537,310
07-05-04 Investors Mutual Limited 13.90% 14.94% 2,623,201
17-03-04 Perennial Value Managment Limited 5.69% 6.73% 1,788,363




Shareholders Selling
No shareholder activity




Substantial Shareholder List At 18-08-04
Shareholder Name Share Holding % Shares Held
Westblock Services Pty Ltd 18,967,662 10.94%
RBC Global Serivces Australia Nominees Pty Ltd 10,986,012 6.34%