ALS LIMITED — Major Shareholding Notification 2016

Feb 17, 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 18/02/2016 substantial holder on: The previous notice was given to the 13/07/2015 company on: The previous notice was dated: 13/07/2015

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	28,353,323	6.96%	41,405,734	8.21%

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
14/07/2015 -18/02/2016	SIMAL	Buy	$50,946,072.34	13,678,457 Ordinaryshares	13,678,457
14/07/2015 -18/02/2016	SIMAL	Sell	$2,614,917.40	626,046 Ordinaryshares	626,046

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	5,161,565Ordinary Shares	5,161,565
SIMAL	Citicorp NomineesLtd HK	Citicorp NomineesLtd HK	Power to disposeof securities	5,658,195Ordinary Shares	5,658,195
SIMAL	HSBC CustodyNominees(Australia) Ltd	HSBC CustodyNominees(Australia) Ltd	Power to disposeof securities	3,635,822Ordinary Shares	3,635,822
SIMAL	JP MorganCustodial Services	JP MorganCustodial Services	Power to disposeof securities	18,344,097Ordinary Shares	18,344,097
SIMAL	National NomineesLtd - Melbourne	National NomineesLtd - Melbourne	Power to disposeof securities	8,606,055Ordinary Shares	8,606,055

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 (9) 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 (“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,Australia