ALS LIMITED — Major Shareholding Notification 2016

Nov 2, 2016

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme: ALS LIMITED ACN/ARSN: 002 724 334

1. Details of substantial holder (1)

Name:

Schroder Investment Management Australia Limited

ACN/ARSN (if applicable): 000 443 274 The holder ceased to be a 03/11/2016 substantial holder on:

The previous notice was given to the 13/10/2016 company on: The previous notice was dated: 13/10/2016

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 ofchange	Person whoserelevantinterestchanged	Nature ofchange (4)	Consideration givenin relation to change(5)	Class (6) andnumber ofsecuritiesaffected	Person’svotes affected
14/10/2016 -03/11/2016	SIMAL	Power todispose ofsecurities	$25,045,511.74	4,028,796	4,028,796

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 Schroder Investment Management Australia Limited Related Fund Manager (“SIMAL”)

4. Address

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

Name	Address
Schroder Investment Management (Australia)	Level 20, Angel Place, 123 Pitt Street, Sydney,
Limited (“SIMAL”)	2000, Australia