State Super Financial Services Australia
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Equity Holdings

Below are the equity stock holdings of SSFS funds.

Australian Equities - Top 50 Listing 31 January 2015

Rank Company Name Country Industry % AEQ of Sector Trust
1 Commonwealth Bank of Australia Australia Financials 8.18
2 Telstra Corporation Limited Australia Telecomn. Servs. 5.72
3 Westpac Banking Corporation Australia Financials 5.31
4 National Australia Bank Limited Australia Financials 4.66
5 Australia and New Zealand Banking Group Limited Australia Financials 4.52
6 BHP Billiton Limited Australia Materials 4.22
7 Wesfarmers Limited Australia Consumer Staples 3.85
8 CSL Limited Australia Health Care 3.31
9 Suncorp Group Limited Australia Financials 2.54
10 Woolworths Ltd Australia Consumer Staples 1.93
11 Insurance Australia Group Limited Australia Financials 1.69
12 DUET Group Australia Utilities 1.56
13 Transurban Group Ltd. Australia Industrials 1.45
14 AGL Energy Limited Australia Utilities 1.42
15 Ramsay Health Care Limited Australia Health Care 1.42
16 Macquarie Group Limited Australia Financials 1.40
17 Woodside Petroleum Ltd Australia Energy 1.31
18 Rio Tinto Limited Australia Materials 1.25
19 Amcor Ltd Australia Materials 1.16
20 Origin Energy Limited Australia Energy 1.08
21 Aurizon Holdings Ltd. Australia Industrials 1.02
22 Bendigo and Adelaide Bank Limited Australia Financials 1.02
23 Sydney Airport Australia Industrials 0.98
24 Westfield Corporation Australia Financials 0.98
25 Ansell Limited Australia Health Care 0.95
26 Brambles Limited Australia Industrials 0.93
27 Sonic Healthcare Limited Australia Health Care 0.87
28 Oil Search Limited Australia Energy 0.85
29 Abacus Property Group Australia Financials 0.81
30 Goodman Group Australia Financials 0.80
31 Cromwell Property Group Australia Financials 0.78
32 AusNet Services Australia Utilities 0.78
33 Bank of Queensland Limited Australia Financials 0.69
34 Scentre Group Australia Financials 0.69
35 Seek Limited Australia Industrials 0.68
36 Spark Infrastructure Group Ltd. Australia Utilities 0.67
37 ASX Limited Australia Financials 0.65
38 AMP Limited Australia Financials 0.63
39 Spark New Zealand Limited Australia Telecomn. Servs. 0.60
40 Duluxgroup Limited Australia Materials 0.58
41 Computershare Limited Australia Information Techlgy. 0.58
42 Newcrest Mining Limited Australia Materials 0.57
43 Fletcher Building Limited Australia Materials 0.57
44 QBE Insurance Group Limited Australia Financials 0.55
45 Charter Hall Retail REIT Australia Financials 0.55
46 Orica Limited Australia Materials 0.50
47 Sigma Pharmaceuticals Limited Australia Health Care 0.49
48 Pact Group Holdings Ltd. Australia Materials 0.48
49 Tatts Group Limited Australia Consumer Discrtnry. 0.47
50 Shopping Centres Australasia Property Group RE Ltd. Australia Financials 0.46

The above table represents the combined top 50 Australian equities held across the State Super Investment Fund - Class A and State Super Investment Fund - Class B, the State Super Retirement Fund (which issues the State Super Personal Retirement Plan, the State Super Allocated Pension Fund, the State Super Term Allocated Pension Fund, the State Super Tailored Super Plan, and the State Super Flexible Income Plan) as at the date stated. The actual equities held in each Fund may vary from that stated above.