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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1.	Date of notice to issuer	11/02/2011
2.	Name of Substantial Shareholder	Newton Investment Management Ltd., subsidiary of The Bank of New York Mellon Corporation
3.	Notice Type	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1.	Date of change of Interest	10/02/2011
2.	The change in the percentage level	From 9.02 % To 10.20 %
3.	Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
4.	A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:	A series of transactions.
Part IV
1.	Holdings of Substantial Shareholder, including direct and deemed interest :
	Direct Deemed No. of shares held before the change 54,559,000 0 As a percentage of issued share capital 9.02 % 0 % No. of shares held after the change 61,679,000 0 As a percentage of issued share capital 10.20 % 0 % Footnotes Notes: Percentages calculated based on 604,970,414 issued units in Parkway Life REIT as at 21 January 2011.