AMA GROUP LIMITED — Major Shareholding Notification 2016

May 19, 2016

THORNEY OPPORTUNITIES LTD ACN 080 167 264

CROSS RELEASE AMA

20 May 2016

BY ASX ONLINE – 2 pages

Manager Company Announcements ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Ceasing to be a substantial holder AMA Group Limited [ASX:AMA]

As a result of shares issued by AMA (refer Appendix 3B lodged by AMA 19 May 2016) the voting power of Thorney Opportunities Ltd in AMA has been diluted below 5%.

We attach a Form 605 Notice of ceasing to be a substantial holder dated 20 May 2016 in accordance with section 671B of the Corporations Act 2001.

Yours sincerely,

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CRAIG SMITH ACIS, CPA Secretary

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100

Notice of ceasing to be a substantial holder

Form 605 Corporations Act 2001 Section 671B

To: company name/scheme AMA GROUP LIMITED ABN: 50 113 883 560

1. Details of substantial holder

Name	THORNEY OPPORTUNITIES LTD
ACN (if applicable)	080 167 264

The holder ceased to be a substantial holder on

The previous notice was given to the company on

The previous notice was dated

19-May-16

18-Dec-15

18-Dec-15

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:

Date of Change	Person whose relevant interest changed	Nature of change	Consideration given in relation to Change	Class and number of securities affected	Person’s votes affected
5-Feb-16 to 14-Apr-16	Thorney Opportunities Ltd	Market purchases	Market prices	51,545 ordinary shares	51,545

3. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name Nature of association

4. Addresses

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

Name Address Thorney Opportunities Ltd Level 39, 55 Collins Street, Melbourne 3000 ACN 080 167 264

Signature

Print name CRAIG SMITH Capacity SECRETARY Sign here Date: 20 May 2016

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