ASHLEY SERVICES GROUP LIMITED — Major Shareholding Notification 2015

May 3, 2015

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4 May 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 becoming an initial substantial holder ~ Ashley Services Group Limited (ASH)

We enclose notice of becoming an initial substantial holder in Ashley Services Group Limited. This notice is given by Greencape Capital Pty Ltd.

Yours faithfully

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Melissa Robinson

Company Secretary

attach

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial 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

ACN/ARSN (if applicable) 120 328 529

The holder became a substantial holder on 30.04.2015

2.	Details of 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 on the date the substantial holder became a substantial holder are as follows:
	Class ofsecurities (4)	Numberofsecurities	Persons' votes		(5) Voting power(6)
	Ordinary Fully Paid	Same as persons votes		7,515,833 5.01%
3.	Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities					on the date the substantial holder became a s		ubsta
holder are as follows:
	Holderof relevantinterest	Nature of relevantinterest (7)				Class andnumberofsecurities
	Greencape Capital Pty Ltd	Ordinary fully paid shares purchased and sold				See Annexure 1
		on market by Greencape Capital Pty Ltd.
4.	Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3			above are as follows:
	Holder of relevant	Registered holder of	Person entitled to be			Class and number of securities
	interest	securities	registered asholder(8)
	Greencape Capital Pty Ltd	Citicorp Nominees Pty	Citicorp Nominees			742,158
		Limited	Pty Limited			(fully paid ordinary shares)
	Greencape Capital Pty Ltd	HSBC Custody	HSBC Custody			3,604,039
		Nominees (Australia)	Nominees			(fully paid ordinary shares)
		Limited	(Australia) Limited
	Greencape Capital Pty Ltd	JP Morgan Nominees	JP Morgan			2,077,537
		Australia Ltd	Nominees Australia			(fully paid ordinary shares)
			Ltd
	Greencape Capital Pty Ltd	National Nominees	National Nominees			1,092,099
		Ltd	Ltd			(fully paid ordinary shares)

3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

5. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

6. The 7. The	Holder of relevant interest	Date of acquisition	Date of acquisition	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
					Cash	Non-cash
	See Annexure 1	See Annexure 1			See Annexure 1		See Annexure 1
	Associates reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
	Name andACN/ARSN(ifapplicable)		Nature ofassociation
	See Annexure 1		See Annexure 1
	Addresses addresses of persons named in this form are as follows:
	Name			Address
	Greencape Capital Pty Ltd			Level 19, 31 Queen Street, Melbourne

ASX\20150504 ASH ASIC Form 603 Greencape

603 page 2/2 15 July 2001

 Signature

print name Melissa Robinson capacity Company Secretary

date 04/05/2015

sign here

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ASX\20150504 ASH ASIC Form 603 Greencape

Annexure 1

This is page 1 of 1 page of Annexure 1 referred to in Form 603 signed by me and dated 04/05/2015

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Melissa Robinson

Transactions: Ashley Services Group Limited (ASH) As at 30/04/2015 Ordinary Fully Paid

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number of securities	Person's Votes Affected
31/12/2014	Greencape Capital PtyLimited	OpeningBalance		3,387,494	3,387,494
15/04/2015	As above	Buy	98,178.95	85,373	85,373
15/04/2015	As above	Buy	285,490.95	248,253	248,253
15/04/2015	As above	Buy	3,896.20	3,388	3,388
15/04/2015	As above	Buy	71,042.40	61,776	61,776
15/04/2015	As above	Buy	38,060.40	33,096	33,096
15/04/2015	As above	Buy	3,270.60	2,844	2,844
15/04/2015	As above	Buy	30,824.60	26,804	26,804
15/04/2015	As above	Buy	162,401.85	141,219	141,219
28/04/2015	As above	Buy	24,035.55	43,701	43,701
28/04/2015	As above	Buy	55,111.65	100,203	100,203
28/04/2015	As above	Buy	34,577.95	62,869	62,869
28/04/2015	As above	Buy	101,371.60	184,312	184,312
28/04/2015	As above	Buy	12,701.15	23,093	23,093
28/04/2015	As above	Buy	9,810.90	17,838	17,838
28/04/2015	As above	Buy	1,367.30	2,486	2,486
28/04/2015	As above	Buy	875.60	1,592	1,592
28/04/2015	As above	Buy	83,862.42	152,394	152,394
28/04/2015	As above	Buy	192,289.68	349,427	349,427
28/04/2015	As above	Sell	120,646.67	219,238	219,238
28/04/2015	As above	Buy	353,695.97	642,733	642,733
28/04/2015	As above	Buy	44,316.76	80,532	80,532
28/04/2015	As above	Buy	34,231.41	62,205	62,205
28/04/2015	As above	Buy	4,770.55	8,669	8,669
28/04/2015	As above	Buy	3,054.72	5,551	5,551
29/04/2015	As above	Buy	114,679.18	191,515	191,515
29/04/2015	As above	Buy	333,302.86	556,618	556,618
29/04/2015	As above	Buy	4,538.31	7,579	7,579
29/04/2015	As above	Buy	83,542.78	139,517	139,517
29/04/2015	As above	Buy	44,356.11	74,075	74,075
29/04/2015	As above	Buy	7,695.18	12,851	12,851
29/04/2015	As above	Buy	36,029.80	60,170	60,170
29/04/2015	As above	Buy	189,579.48	316,599	316,599
30/04/2015	As above	Buy	18,333.40	29,570	29,570
30/04/2015	As above	Buy	53,284.66	85,943	85,943
30/04/2015	As above	Buy	725.40	1,170	1,170
30/04/2015	As above	Buy	13,356.04	21,542	21,542
30/04/2015	As above	Buy	7,090.94	11,437	11,437
30/04/2015	As above	Buy	1,230.08	1,984	1,984
30/04/2015	As above	Buy	5,759.80	9,290	9,290
30/04/2015	As above	Buy	30,307.46	48,883	48,883

7,515,833

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