ASHLEY SERVICES GROUP LIMITED — Major Shareholding Notification 2015

Oct 7, 2015

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8 October 2015

The Manager Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

Level 19, 31 Queen Street Melbourne VIC 3000 Australia telephone 03 8616 1957 facsimile 03 8616 1111 www.greencapecapital.com ABN 98 120 328 529 AFSL 303903

By electronic lodgement

Dear Sir/Madam

Re: Notice of ceasing to be a substantial holder ~ Ashley Services Group Limited (ASH)

We enclose notice of ceasing to be a substantial holder in Ashley Services Group Limited (ASH). This notice is given by Greencape Capital Pty Ltd.

Yours faithfully

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Melissa Robinson

Company Secretary

attach

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Ashley Services Group Limited
ACN/ARSN	094 747 510

1. Details of substantial holder (1)

Name	Greencape Capital Pty Ltd	Greencape Capital Pty Ltd
ACN/ARSN (if applicable)	120 328 529
The holder ceased to be a
substantial holder on		06/10/2015
The previous notice was given to the company on		04/05/2015
The previous notice was dated		04/05/2015

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 of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
Refer Annexure 1	Greencape Capital Pty Ltd	Refer Annexure 1	Refer Annexure 1	Refer Annexure 1	Refer Annexure 1

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 N/A N/A 4. Addresses The addresses of persons named in this form are as follows: Name Address Greencape Capital Pty Ltd Level 15, 255 Pitt Street, Sydney

Signature

print name	Melissa Robinson	Capacity	Company Secretary
sign here		date	08/10/2015

605 page 2 / 2 15 July 2001

DIRECTIONS

(1) If there area number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(3) See the definition of "associate" in section 9 of the Corporations Act 2001.

(4) Include details of:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

(5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure 1 consists of 1 page and is referred to in Form 605 signed by me and dated 08/10/2015

[Insert Signature Here]

Melissa Robinson Company Secretary of Greencape Capital Pty Ltd

Transactions:

Company Name/Scheme: Ashley Services Group Limited (ASH) As at: 06/10/2015 Class of security: Ordinary Fully Paid

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number of Securities	Person's Votes Affected
01/05/2015	Greencape Capital PtyLtd	Buy	11,993.85	19,818	19,818
01/05/2015	as above	Buy	27,217.05	44,972	44,972
01/05/2015	as above	Buy	16,463.86	27,204	27,204
01/05/2015	as above	Buy	47,851.35	79,067	79,067
01/05/2015	as above	Buy	6,367.91	10,522	10,522
01/05/2015	as above	Buy	5,172.64	8,547	8,547
01/05/2015	as above	Buy	651.8	1,077	1,077
01/05/2015	as above	Buy	1,105.10	1,826	1,826
04/05/2015	as above	Buy	13,276.04	21,764	21,764
04/05/2015	as above	Buy	30,110.21	49,361	49,361
04/05/2015	as above	Buy	18,226.19	29,879	29,879
04/05/2015	as above	Buy	52,947.39	86,799	86,799
04/05/2015	as above	Buy	7,041.84	11,544	11,544
04/05/2015	as above	Buy	5,167.92	8,472	8,472
04/05/2015	as above	Buy	719.8	1,180	1,180
04/05/2015	as above	Buy	611.22	1,002	1,002
06/05/2015	as above	Buy	2,597.18	4,402	4,402
30/06/2015	as above	Buy	13,372.63	22,475	22,475
30/06/2015	as above	Buy	31,919.97	53,647	53,647
30/06/2015	as above	Buy	19,302.99	32,442	32,442
30/06/2015	as above	Buy	56,058.52	94,216	94,216
30/06/2015	as above	Buy	7,479.75	12,571	12,571
30/06/2015	as above	Sell	129,531.50	-217,700	217,700
30/06/2015	as above	Buy	755.65	1,270	1,270
30/06/2015	as above	Buy	642.01	1,079	1,079
05/10/2015	as above	Sell	2,440.21	-6,363	6,363
05/10/2015	as above	Sell	5,650.49	-14,734	14,734
05/10/2015	as above	Sell	3,427.34	-8,937	8,937
05/10/2015	as above	Sell	9,929.97	-25,893	25,893
05/10/2015	as above	Sell	1,326.91	-3,460	3,460
05/10/2015	as above	Sell	294.53	-768	768
05/10/2015	as above	Sell	134.99	-352	352
05/10/2015	as above	Sell	133.46	-348	348
06/10/2015	as above	Sell	19,002.70	-59,402	59,402
06/10/2015	as above	Sell	44,002.25	-137,550	137,550
06/10/2015	as above	Sell	26,691.50	-83,437	83,437
06/10/2015	as above	Sell	77,325.91	-241,719	241,719
06/10/2015	as above	Sell	10,333.73	-32,303	32,303
06/10/2015	as above	Sell	2,294.64	-7,173	7,173
06/10/2015	as above	Sell	1,051.51	-3,287	3,287
06/10/2015	as above	Sell	1,040.63	-3,253	3,253
Total Number of Securities				-221,543

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