ALS LIMITED — Major Shareholding Notification 2016

Aug 8, 2016

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme: A L S Limited ACN/ARSN: 009 657 489

1. Details of substantial holder (1)

Name: Schroder Investment Management Australia Limited ACN/ARSN (if applicable): 000 443 274

There was a change in the interests of the 05/08/2016 substantial holder on: The previous notice was given to the 18/02/2016 company on: The previous notice was dated: 18/02/2016

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	41,405,734	8.21%	34,980,738	6.94%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 whoserelevant interestchanged	Nature of change(6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person’s votesaffected
19/02/2016 -05/08/2016	SIMAL	Buy	$2,843,622.39	699,134 Ordinaryshares	699,134
19/02/2016 -05/08/2016	SIMAL	Sell	$31,024,476.24	6,670,145 Ordinaryshares	6,670,145
19/02/2016 -05/08/2016	SIMAL	Inspecie transferout	-	453,985 Ordinaryshares	453,985

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest	Registered holderof securities	Person entitled tobe registered asholder(8)	Nature ofrelevant interest(6)	Class and numberof securities	Person’s votes
SIMAL	BNP ParibasSecurities Services	BNP ParibasSecurities Services	Power to disposeof securities	4,552,592Ordinary Shares	4,552,592
SIMAL	Citicorp NomineesLtd HK	Citicorp NomineesLtd HK	Power to disposeof securities	5,617,277Ordinary Shares	5,617,277
SIMAL	HSBC CustodyNominees(Australia)Ltd	HSBC CustodyNominees(Australia)Ltd	Power to disposeof securities	1,389,289Ordinary Shares	1,389,289
SIMAL	JP MorganCustodial Services	JP MorganCustodial Services	Power to disposeof securities	15,965,178Ordinary Shares	15,965,178
SIMAL	National NomineesLtd - Melbourne	National NomineesLtd - Melbourne	Power to disposeof securities	7,456,402Ordinary Shares	7,456,402

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association

Name and ACN/ARSN (if applicable) Nature of association Schroder Investment Management Australia Limited (“SIMAL”) Relevant Fund Manager

6. Address

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

Name Address

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