Thu 30 July 20:12:51 NZST

FIN / Announcements

SSH Notice (NZ Ausron 1 Limited)

10:57am, 27 May 2010 | SSH

Disclosure of ceasing to have substantial holding
Section 25, Securities Markets Act 1988

To: NZX Limited

And: Finzsoft Solutions Limited

Date this disclosure made: 27 May 2010

Date last disclosure made: 30 December 2009

Substantial security holder(s) giving disclosure

Name(s): NZ Ausron 1 Limited

Contact details Contact details: Brent David Jackson
Phone: +61 2 8026 4101

Date on which substantial security holder(s) ceased to have substantial holding: 27 May 2010

Summary of previous substantial holding to which disclosure relates

Class of listed voting securities: Ordinary shares

Summary for: NZ Ausron 1 Limited

For last disclosure:

(a) total number held in class: 1,659,960

(b) total in class: 8,300,000

(c) total percentage held in class: 20.000

For current holding after ceasing to have substantial holding:

(a) total number held in class: Nil

(b) total in class: 8,300,000

(c) total percentage held in class: Nil

Details of transactions and events giving rise to person ceasing to have substantial holding

Details of the transactions or other events requiring disclosure under the instructions to this form: Off-market transfer of 1,659,960 ordinary shares to Rubik Financial Limited for $0.32 per share on 27 May 2010.

Additional Information

Nature of connection between substantial security holders: Not applicable

Address(es) of substantial security holder(s): c/- Pkf Ross Melville
Level 5
50 Anzac Avenue
Auckland 1010

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Act in relation to the securities to which this disclosure relates: Rubik Financial Limited


I, Brent David Jackson, declare that, to the best of my knowledge and believe, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.