APPEN LIMITED — Major Shareholding Notification 2015

Nov 23, 2015

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Appen Limited ACN/ARSN 138 878 298

1. Details of substantial holder (1)

Name New Greenwich Pty Ltd and Pulver Superannuation Pty Ltd ACN/ARSN (if applicable) 126 103 491 and 118 420 401

The holder ceased to be a substantial holder on 20 / 11 / 2015 The previous notice was given to the company on 16 / 09 / 2015 The previous notice was dated 16 / 09 / 2015

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 whoserelevant interestchanged	Nature of change (4)	Consideration givenin relation to change(5)	Class (6) andnumber ofsecurities affected	Person's votesaffected
20/11/2015	New GreenwichPty Ltd	Disposal	$1.46 pershare	Fully PaidOrdinaryShares1,603,280	1,603,280
04/11/2015	PulverSuperannuationpty Ltd	Disposal	$1.40 pershare	Fully PaidOrdinaryShares607,484	607,484

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

4. Addresses

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

Name	Address
New Greenwich Pty Ltd	3 Burrawong Avenue, Mosman NSW 2028
Pulver SuperannuationFund Pty Ltd	3 Burrawong Avenue, Mosman NSW 2028