CTI LOGISTICS LIMITED — Major Shareholding Notification 2014

Apr 15, 2014

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	CTI Loqistics Limited
ACN/ARSN	008 778 925
1. Details of substantial holder (1)
Name	David Watson
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on		15/04/2014
The previous notice was given to the company on		18/03/2008
The previous notice was dated		19/03/2008

2. 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)
Ordinary	16,823,310	49.22%	29.560,492	45.24%

3. 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
15/04/14	Aberdeen Management Pty Ltd	Dividend Reinvestment Plan	\$1.88 per share	Ordinary 43.596	David Watson
15/04/14	Peachtree Pty Ltd	$=$ " $=$	\$1.88 per share	Ordinary 23.144	David Watson

4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
David Watson	David Watson			18,062,683	18,062.683
David Watson	Catherine Watson	Catherine Watson	Spouse	1,823,486	1,823,486
	Peachtree Pty Ltd	Peachtree Ptv Ltd	Director	Ordinary 1,110,928	1,110,928

	David Watson Nominees Pty Ltd	David Watson Nominees Pty Ltd	Director	Ordinary 2,906,489	2,906,489
	WW Nominees Pty Ltd	WW Nominees Ptv Ltd	Director	Ordinary 1,886,322	1,886,322
David Watson	Australian Marketing Services Pty Ltd	Australian Marketing Services Pty Ltd	Director	Ordinary 715.615	715,615
	Nicor Holdings Pty Ltd	Nicor Holdings Pty Ltd	Shareholder	Ordinary 7,790	7,790
	Aberdeen Management Pty Ltd	Aberdeen Management Pty Ltd	Shareholder	Ordinary 2,092,663	2,092,663
	Matthew Watson	Matthew Watson	Son	Ordinary 324 512	324,512
	Jemma Watson	Jemma Watson	Daughter	Ordinary 280,448	280,448
	Charles Watson	Charles Watson	Son	Ordinary 208,448	280,448
	D Watson & C Watson ATF Eftus Super Fund	D Watson & C Watson ATF Eftus Super Fund	Trustee	Ordinary 69,072	69.072

5. 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

6. Addresses

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

Name	Address
All of the above	1 Drummond Place West Perth WA

Signature

DIRECTIONS