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 December 2014

Rank Company Name Country Industry % AEQ of Sector Trust
1 Commonwealth Bank of Australia Australia Financials 8.24
2 Westpac Banking Corporation Australia Financials 5.67
3 Telstra Corporation Limited Australia Telecomn. Servs. 5.34
4 BHP Billiton Limited Australia Materials 4.60
5 National Australia Bank Limited Australia Financials 4.56
6 Australia and New Zealand Banking Group Limited Australia Financials 4.52
7 Wesfarmers Limited Australia Consumer Staples 3.60
8 CSL Limited Australia Health Care 3.55
9 Woolworths Ltd Australia Consumer Staples 2.19
10 Suncorp Group Limited Australia Financials 1.92
11 Insurance Australia Group Limited Australia Financials 1.66
12 DUET Group Australia Utilities 1.48
13 Woodside Petroleum Ltd Australia Energy 1.48
14 Macquarie Group Limited Australia Financials 1.43
15 AGL Energy Limited Australia Utilities 1.36
16 Transurban Group Ltd. Australia Industrials 1.35
17 Ramsay Health Care Limited Australia Health Care 1.33
18 Rio Tinto Limited Australia Materials 1.31
19 Amcor Ltd Australia Materials 1.28
20 Origin Energy Limited Australia Energy 1.26
21 Sydney Airport Australia Industrials 1.21
22 Bendigo and Adelaide Bank Limited Australia Financials 1.00
23 Aurizon Holdings Ltd. Australia Industrials 0.98
24 Brambles Limited Australia Industrials 0.96
25 Ansell Limited Australia Health Care 0.96
26 Westfield Corporation Australia Financials 0.93
27 Sonic Healthcare Limited Australia Health Care 0.88
28 Oil Search Limited Australia Energy 0.80
29 Abacus Property Group Australia Financials 0.79
30 Cromwell Property Group Australia Financials 0.76
31 AusNet Services Australia Utilities 0.75
32 Goodman Group Australia Financials 0.74
33 Seek Limited Australia Industrials 0.68
34 Bank of Queensland Limited Australia Financials 0.67
35 Scentre Group Australia Financials 0.66
36 AMP Limited Australia Financials 0.63
37 Spark Infrastructure Group Ltd. Australia Utilities 0.62
38 Computershare Limited Australia Information Techlgy. 0.60
39 QBE Insurance Group Limited Australia Financials 0.59
40 Fletcher Building Limited Australia Materials 0.59
41 Spark New Zealand Limited Australia Telecomn. Servs. 0.59
42 Duluxgroup Limited Australia Materials 0.58
43 ASX Limited Australia Financials 0.55
44 Caltex Australia Limited Australia Energy 0.53
45 Orica Limited Australia Materials 0.52
46 Charter Hall Retail REIT Australia Financials 0.50
47 Sigma Pharmaceuticals Limited Australia Health Care 0.47
48 Pact Group Holdings Ltd. Australia Materials 0.45
49 Tatts Group Limited Australia Consumer Discrtnry. 0.44
50 BWP Trust Australia Financials 0.43

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.