Galileo Japan Trust : Ceasing to be a substantial holder

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: GALILEO JAPAN TRUST

ACN/ARSN 122 465 990

1. Details of substantial holder

   Name Deutsche Bank AG and its related bodies corporate (together, the "Deutsche Bank Group")

   ACN/ARSN (if applicable) 064 165 162

   The holder ceased to be a substantial holder on 29 August 2016 The previous notice was given to the company on 30 August 2016 The previous notice was dated 26 August 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
   Please refer to Schedule 1.

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 voting interests in the company or scheme are as follows:

   Name and ACN/ARSN (if applicable)	Nature of association
   N/A

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Deutsche Bank AG, Sydney Branch	Level 16, Deutsche Bank Place, Corner Hunter and Philip Street, Sydney, NSW, Australia 2000
Deutsche Australia Limited	Level 16, Deutsche Bank Place, Corner Hunter and Philip Street, Sydney, NSW, Australia 2000
RREEF America LLC	Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, United States 19801
Deutsche Asset Management S.A.	2, Boulevard Konrad Adenauer, Luxembourg 1115

Signature

Name MaryAnn Co

Deutsche Bank AG, Hong Kong Branch 31 August 2016

Schedule 1

Date of change	Holder of relevant interest	Nature of change	Consideration given in relation to change	Class and number of securities affected (Units)	Person's votes affected
29/08/2016	Deutsche Bank AG, Sydney Branch	Sell	2.61	-6,360	-6,360
29/08/2016	Deutsche Australia Limited	Sell	2.63	-301,770	-301,770
29/08/2016	RREEF America LLC	Sell	2.60	-20,295	-20,295
29/08/2016	RREEF America LLC	Sell	2.63	-456,598	-456,598
29/08/2016	Deutsche Asset Management S.A.	Sell	2.60	-77,559	-77,559