Government Pension Fund Global Holding of equities at 31 December 2010 K) K) arket value arket value wnership wnership ector ector oting oting no no s m ( v o s m ( v o ANTigUA ANd BARBUdA Duet Group Financials 67 801 033 0.76% 0.76% sinovac biotech ltd Health Care 17 397 650 1.22% 1.22% DuluxGroup ltd industrials 14 035 765 0.23% 0.23% ARgENTiNA eastern star Gas ltd oil & Gas 15 972 052 0.33% 0.33% Cresud saCiF y a Consumer Goods 16 548 188 0.00% 0.30% elders ltd Consumer Goods 8 543 687 0.55% 0.55% AUsTRALiA emeco Holdings ltd industrials 17 287 528 0.43% 0.43% abacus Property Group Financials 18 476 197 0.36% 0.36% energy Developments ltd utilities 626 541 0.03% 0.02% adelaide brighton ltd industrials 196 794 506 1.58% 1.58% energy resources of australia ltd Basic materials 9 135 640 0.07% 0.07% aeD oil ltd oil & Gas 1 835 871 0.38% 0.38% energy World Corp ltd utilities 10 185 047 0.19% 0.19% aGl energy ltd utilities 150 436 589 0.36% 0.36% envestra ltd utilities 16 409 659 0.37% 0.37% aJ lucas Group ltd industrials 3 989 731 0.42% 0.42% extract resources ltd basic materials 5 770 933 0.04% 0.04% alesco Corp ltd industrials 7 773 325 0.52% 0.52% Fairfax media ltd Consumer services 90 860 701 0.46% 0.46% alliance resources ltd basic materials 1 989 515 0.19% 0.19% FKP Property Group Financials 22 518 477 0.38% 0.38% alumina ltd basic materials 324 993 536 0.90% 0.90% Fleetwood Corp ltd Consumer Goods 23 729 853 0.54% 0.54% amcor ltd/australia industrials 243 166 314 0.49% 0.49% Flight Centre ltd Consumer services 52 328 985 0.36% 0.36% amP ltd Financials 304 331 296 0.46% 0.46% Fortescue metals Group ltd basic materials 12 127 038 0.01% 0.01% ampella mining ltd basic materials 30 646 607 0.77% 0.77% Foster’s Group ltd Consumer Goods 568 428 887 0.87% 0.87% ansell ltd Health Care 29 917 913 0.30% 0.30% Geodynamics ltd utilities 2 032 276 0.27% 0.27% aPa Group oil & Gas 50 301 657 0.38% 0.38% Gindalbie metals ltd basic materials 909 454 0.01% 0.01% aPn news & media ltd Consumer services 100 049 898 1.43% 1.43% Goodman Fielder ltd Consumer Goods 53 386 543 0.48% 0.48% aquila resources ltd basic materials 34 152 912 0.16% 0.16% Goodman Group Financials 288 309 094 1.08% 1.08% ardent leisure Group Financials 10 385 922 0.55% 0.55% GPt Group Financials 150 084 566 0.46% 0.46% aristocrat leisure ltd Consumer services 49 338 450 0.52% 0.52% GrainCorp ltd Consumer Goods 249 506 892 3.20% 3.20% asciano ltd industrials 200 188 524 0.00% 0.00% GuD Holdings ltd Consumer Goods 23 283 963 0.57% 0.57% aspen Group Financials 9 844 273 0.59% 0.58% Gunns ltd basic materials 10 493 908 0.33% 0.33% aston resources ltd basic materials 4 759 151 0.00% 0.00% GWa Group ltd industrials 26 519 811 0.48% 0.48% astro Japan Property Group Financials 6 026 301 0.60% 0.60% Harvey norman Holdings ltd Consumer services 70 534 547 0.38% 0.38% asX ltd Financials 178 864 049 0.45% 0.45% Hastie Group ltd industrials 6 210 436 0.46% 0.46% atlas iron ltd basic materials 39 211 821 0.41% 0.41% Hills Holdings ltd industrials 13 851 483 0.50% 0.50% ausdrill ltd basic materials 12 204 059 0.25% 0.25% Horizon oil ltd oil & Gas 8 754 926 0.44% 0.44% ausenco ltd basic materials 6 172 382 0.27% 0.27% iinet ltd technology 4 661 498 0.18% 0.18% austal ltd industrials 18 459 514 0.47% 0.47% iluka resources ltd basic materials 96 428 932 0.42% 0.42% austar united Communications ltd Consumer services 18 113 950 0.25% 0.25% incitec Pivot ltd basic materials 146 319 185 0.38% 0.38% australand Property Group Financials 26 140 436 0.26% 0.26% independence Group nl basic materials 21 916 535 0.33% 0.33% australia & new Zealand banking Group ltd Financials 1 895 887 058 0.52% 0.52% indophil resources nl basic materials 9 384 354 0.32% 0.32% australian agricultural Co ltd Consumer Goods 8 600 986 0.38% 0.38% industrea ltd industrials 15 014 863 0.00% 0.00% australian Pharmaceutical industries ltd Consumer services 7 280 809 0.57% 0.57% infigen energy utilities 27 077 635 1.12% 1.12% automotive Holdings Group Consumer services 14 414 027 0.44% 0.44% inG industrial Fund Financials 38 914 470 0.48% 0.48% avoca resources ltd basic materials 18 675 238 0.29% 0.29% inG office Fund Financials 47 990 529 0.53% 0.53% aWe ltd oil & Gas 23 278 601 0.42% 0.42% insurance australia Group ltd Financials 582 605 812 1.21% 1.21% aXa asia Pacific Holdings ltd Financials 239 917 267 0.31% 0.31% invocare ltd Consumer services 23 111 413 0.52% 0.52% bank of Queensland ltd Financials 51 117 497 0.37% 0.37% iooF Holdings ltd Financials 48 800 218 0.46% 0.46% beach energy ltd oil & Gas 28 407 211 0.50% 0.50% iress market technology ltd technology 3 694 572 0.06% 0.06% bendigo and adelaide bank ltd Financials 83 735 412 0.39% 0.39% isoFt Group ltd technology 984 165 0.21% 0.21% bHP billiton ltd basic materials 3 185 660 769 0.21% 0.21% Jabiru metals ltd basic materials 2 491 347 0.11% 0.11% billabong international ltd Consumer Goods 44 934 720 0.36% 0.36% James Hardie industries se industrials 71 618 981 0.41% 0.41% biota Holdings ltd Health Care 4 633 797 0.43% 0.43% Jb Hi-Fi ltd Consumer services 122 788 029 1.05% 1.05% bluescope steel ltd basic materials 311 456 075 1.26% 1.26% Kagara ltd basic materials 7 956 085 0.23% 0.23% boart longyear Group oil & Gas 181 115 014 1.45% 1.45% Karoon Gas australia ltd oil & Gas 51 959 635 0.55% 0.55% boral ltd industrials 92 324 806 0.44% 0.44% Kingsgate Consolidated ltd basic materials 24 578 344 0.37% 0.37% 1 bradken ltd industrials 140 010 017 1.87% 1.87% leighton Holdings ltd industrials 245 295 352 0.44% 0.44% brambles ltd industrials 650 169 956 1.06% 1.06% lend lease Group Financials 136 574 980 0.47% 0.47% bunnings Warehouse Property trust Financials 26 653 331 0.60% 0.60% linc energy ltd oil & Gas 26 846 248 0.34% 0.34% Cabcharge australia ltd industrials 18 308 710 0.44% 0.44% lynas Corp ltd basic materials 78 932 680 0.39% 0.39% Caltex australia ltd oil & Gas 49 719 545 0.22% 0.21% macarthur Coal ltd basic materials 9 838 631 0.04% 0.04% Campbell brothers ltd Consumer Goods 71 610 036 0.45% 0.45% macmahon Holdings ltd basic materials 10 939 151 0.48% 0.48% Carbon energy ltd basic materials 5 882 548 0.42% 0.42% macquarie atlas roads Group industrials 8 235 734 0.20% 0.20% Cardno ltd industrials 1 604 476 0.05% 0.05% macquarie Group ltd Financials 525 486 979 0.69% 0.69% Carnarvon Petroleum ltd oil & Gas 9 131 752 0.47% 0.47% mantra resources ltd basic materials 21 473 293 0.35% 0.35% carsales.com.au ltd Consumer services 10 039 191 0.15% 0.15% map Group industrials 226 087 624 0.68% 0.68% Centro retail Group Financials 19 042 091 0.58% 0.58% medusa mining ltd basic materials 19 727 802 0.27% 0.27% ANNUAL REPORT 2010 ANNUAL REPORT CFs retail Property trust Financials 115 566 620 0.39% 0.39% mermaid marine australia ltd industrials 8 834 254 0.23% 0.23% Challenger Diversified Property Group Financials 12 139 023 0.46% 0.46% metcash ltd Consumer services 94 806 285 0.50% 0.50% Challenger ltd/au Financials 50 948 848 0.36% 0.36% minara resources ltd basic materials 28 538 949 0.43% 0.43% lobal Charter Hall Group Financials 21 703 310 0.00% 0.00% mincor resources nl basic materials 9 245 381 0.41% 0.41% G Charter Hall office reit Financials 44 435 436 0.00% 0.00% mineral Deposits ltd basic materials 6 678 175 0.00% 0.00% D Charter Hall retail reit Financials 25 723 073 0.00% 0.00% mineral resources ltd basic materials 30 494 152 0.25% 0.25% un Citadel resource Group ltd basic materials 35 341 084 0.47% 0.46% mirabela nickel ltd basic materials 14 159 454 0.21% 0.21% F Clough ltd oil & Gas 7 018 882 0.21% 0.21% mirvac Group Financials 126 786 194 0.51% 0.51% Coal & allied industries ltd basic materials 107 443 461 0.17% 0.17% monadelphous Group ltd industrials 100 126 591 1.05% 1.05% Coal of africa ltd basic materials 1 073 890 0.02% 0.02% mount Gibson iron ltd basic materials 149 877 154 1.10% 1.10% ension Coca-Cola amatil ltd Consumer Goods 263 068 957 0.54% 0.54% murchison metals ltd basic materials 11 207 732 0.34% 0.34% P Cochlear ltd Health Care 187 671 978 0.69% 0.69% national australia bank ltd Financials 1 901 144 141 0.62% 0.62% Coffey international ltd industrials 2 983 221 0.36% 0.36% navitas ltd Consumer services 58 106 653 0.69% 0.69% Commonwealth bank of australia Financials 2 886 659 575 0.62% 0.62% new Hope Corp ltd basic materials 33 888 178 0.14% 0.14% Commonwealth Property office Fund Financials 52 477 995 0.43% 0.43% newcrest mining ltd basic materials 460 085 141 0.25% 0.25% Computershare ltd Financials 362 079 614 1.01% 1.01% nexus energy ltd oil & Gas 8 471 664 0.31% 0.31% Connecteast Group industrials 2 329 388 0.02% 0.02% nrW Holdings ltd industrials 806 957 0.02% 0.02% Government Consolidated media Holdings ltd Consumer services 40 107 311 0.38% 0.38% nufarm ltd/australia basic materials 58 377 145 0.73% 0.73% Crane Group ltd industrials 23 731 036 0.54% 0.54% oakton ltd technology 5 932 238 0.45% 0.45% Cromwell Property Group Financials 19 698 094 0.48% 0.48% oil search ltd oil & Gas 636 592 087 1.16% 1.16% Crown ltd Consumer services 88 917 678 0.24% 0.24% om Holdings ltd basic materials 14 886 450 0.35% 0.35% Csl ltd Health Care 716 731 846 0.61% 0.61% onesteel ltd basic materials 67 275 507 0.33% 0.33% Csr ltd basic materials 295 148 625 1.94% 1.94% orica ltd basic materials 13 398 250 0.02% 0.02% Cudeco ltd basic materials 1 033 789 0.03% 0.03% origin energy ltd utilities 526 962 768 0.60% 0.60% Customers ltd industrials 8 359 727 0.57% 0.57% oZ minerals ltd basic materials 152 979 817 0.46% 0.46% Dart energy ltd basic materials