BRAMBLES LIMITED — Transaction in Own Shares 2019

Dec 16, 2019

Brambles Limited

ABN 89 118 896 021 Level 10 Angel Place, 123 Pitt Street Sydney NSW 2000 Australia GPO Box 4173 Sydney NSW 2001 Tel +61 2 9256 5222 Fax +61 2 9256 5299

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17 December 2019

The Manager - Listings Australian Securities Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Via electronic lodgement

Dear Sir/Madam

Brambles Limited: On-Market Share Buy Back

Attached is an Appendix 3E daily share buy-back notice relating to the on-market buy-back of shares on 16 December 2019.

Yours faithfully

Brambles Limited

Company Secretary

Robert Gerrard

Appendix 3E Daily share buy-back notice

Rule 3.8A

Appendix 3E

Daily share buy-back notice ( except minimum holding buy-back and selective buy-back)

Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/9/99. Origin: rule 3.6, Appendix 7C. Amended 30/9/2001, 11/01/10

Name of Entity	Name of Entity	ABN/ARSN	ABN/ARSN
Brambles Limited		89 118 896 021

Information about buy-back

1Type of buy-back	On-market	On-market
2Date Appendix 3C was given	2 September 2019
to ASX

Total of all shares/units bought back, or in relation to which acceptances have been received, before, and on, previous day

34Total consideration paid or payablefor the shares/unitsNumber of shares/units boughtback or if buy-back is anequal access scheme, inrelation to which acceptanceshave been received	Beforeprevious day	Previous day
	17,735,790	873,522
	A$214,764,359.03	A$10,623,337.80

• See chapter 19 for defined terms.

Appendix 3E Page 1

11/01/2010

Appendix 3E Daily share buy-back notice

5If buy-back is an on-marketbuy-back	Before previous day	Previous day
	highest price paid:date:lowest price paid:date:11.35015-Oct-1912.69528-Nov-19	highest price paid:12.230lowest price paid:12.080highest price allowedunder rule 7.33:12.7627

Participation by directors

• 6 Deleted 30/9/2001.

How many shares/units may still be bought back?

7If the company/trust has disclosed anintention to buy back a maximumnumber of shares/units - the remainingnumber of shares/units to bebought back	Up to a total of 240,000,000 fully paid ordinary shares.18,609,312 shares have been purchased to date. Theremaining number of shares to purchase is up to a maximumof 221,390,688 shares.

Compliance statement

1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.

or, for trusts only:

1. The trust is in compliance with all requirements of the Corporations Act as modified by Class Order 07/422, and of the trust’s constitution, relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

Sign here:

…………………………………… Date: 17/12/19 Group Company Secretary

Print name: Robert Gerrard

• See chapter 19 for defined terms. Appendix 3E Page 2

11/01/2010