COKAL LIMITED — Major Shareholding Notification 2014

Oct 9, 2014

604 page 1/2 15 July 2001

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder

COKAL Limited To Company Name/Scheme 082 541 437 ACN/ARSN

1. Details of substantial holder(1)

BlackRock Group (BlackRock Inc. and subsidiaries named in Annexures Name to this form) ACN/ARSN (if applicable) There was a change in the interests of the 08 10 2014 substantial holder on / / The previous notice was given to the company on 06 / / 03 2014 04 03 2014 The previous notice was dated / /

1. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4) Previous notice Present notice Person's votes Voting power (5) Person's votes Voting power (5) ord 39,533,945 8.39 34,474,981 7.31

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest 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 or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
	See Annexure A

1. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of Registered Person entitled Nature of Class and Person's votes relevant holder of to be registered relevant number of interest securities as holder (8) interest (6) securities See Annexure B

604 page 2/2 15 July 2001

1. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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 Name Address Annexure C

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

Signature

William Stockl *Authorised Signatory print name capacity 10 10 2014 sign here date / /

• At a meeting of the Board on 22 November 2013, the Directors resolved to approve the delegation of the preparation and lodgement of substantial shareholder notices on behalf of BlackRock Investment Management (Australia) Limited.

DIRECTIONS

• (1) If there are a 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 6 of the form.

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

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

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

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) 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.

• (7) 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, becom`e 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.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

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

Annexure A

This is Annexure A of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

10-Oct-14

William Stockl, Authorised Signatory

Date

3. Changes in relevant interests

COKAL LTD (CKA)

Date of Change	Person whose relevant interest changed	Nature of change Consideration given in change (7)	(6) / relation to	Class and number of securities affected	Class and number of securities affected	Person's votes affected
10-Mar-14	BlackRock International Limited	on mkt sell	0.18	ord	-12,981	-12,981
11-Mar-14	BlackRock International Limited	on mkt sell	0.18	ord	-776	-776
12-Mar-14	BlackRock International Limited	on mkt sell	0.18	ord	-20,188	-20,188
21-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-130,000	-130,000
22-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-500,000	-500,000
23-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.15	ord	-50,000	-50,000
26-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-141,063	-141,063
27-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-20,000	-20,000
28-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.13	ord	-225,000	-225,000
29-May-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-245,748	-245,748
06-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-207,830	-207,830
12-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-1,402	-1,402
13-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-484,778	-484,778
17-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-137,000	-137,000
18-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-82,453	-82,453
19-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-310,011	-310,011
20-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-150,000	-150,000
27-Jun-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-9,793	-9,793
14-Jul-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-38,977	-38,977
21-Jul-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-149,716	-149,716
01-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-216,538	-216,538
04-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.15	ord	-20,000	-20,000
08-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.15	ord	-15,000	-15,000
11-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.15	ord	-144,000	-144,000
15-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.16	ord	-60,969	-60,969
18-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.16	ord	-50,000	-50,000
26-Aug-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.16	ord	-25,033	-25,033
01-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.16	ord	-167,125	-167,125
02-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.16	ord	-5,900	-5,900
17-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-198,174	-198,174
18-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-25,000	-25,000
24-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-117,408	-117,408
25-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-204,597	-204,597
26-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-46,914	-46,914
29-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-24,303	-24,303
30-Sep-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-50,000	-50,000
01-Oct-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-74,338	-74,338
02-Oct-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-25,000	-25,000
03-Oct-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-137,806	-137,806
07-Oct-14	BlackRock Investment Management(UK)Ltd	on mkt sell	0.14	ord	-49,038	-49,038
08-Oct-14	BlackRock Investment Management (UK) Ltd	on mkt sell	0.14	ord	-484,105	-484,105

CKA

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This is Annexure B of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

Annexure B

	10-Oct-14
William Stockl,	Date
Authorised Signatory

4. Present relevant interests

Holder of Relevant Interests	Registered Holder of Securities	Person entitled to be registered as holder (8)	Nature of Relevant Interest (6)	Class and number of Securities	Class and number of Securities	Person's votes
BlackRock Investment	BNYM-BONY		Power to control the exercise of a right to vote attached to	ord	34,474,981	34,474,981
Management (UK) Ltd	LUXEMBOURG		securities and/or the power to dispose of securities as
			investment manager or trustee.

CKA

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Annexure C

This is Annexure C of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

10-Oct-14

William Stockl, Date Authorised Signatory

7. Addresses

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

Name		Address
BlackRock Group
BlackRock Inc.	55 East 52nd Street
	New York NY 10055 USA
BlackRock International Ltd.	40 Torphichen Street
	Edinburgh EH3 8JB
BlackRock Investment Management (UK) Ltd	12 Throgmorton Avenue
	London EC2N 2DL UK

CKA

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