DATA#3 LIMITED — Major Shareholding Notification 2018

Sep 27, 2018

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Data#3 Limited
ACN/ARSN	ACN 010 545 267
1. Details of substantial holder (1)
Name	Cat Rock Capital Master Fund LP
ACN/ARSN (If applicable)
There was a change in the interests of the
substantial holder on		26 / 09 / 2018
The previous notice was given to the company on		/2018 31 / 1
The previous notice was dated		/2018 30

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 r

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinarv .	10.955,950	' 12%	12,520,947	8.13%

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

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
13/03/2018	Cat Rock Capital Master Fund LP	On market sale	AU\$115,063.22	Ordinary shares 63,988	63.988
13/06/2018	Cat Rock Capital Master Fund LP	On market purchase	AU\$450.191.75	Ordinary shares 284.976	284.976
14/06/2018	Cat Rock Capital Master Fund LP	On market purchase	AU\$188,109.63	Ordinary shares 117,202	117,202
15/06/2018	Cat Rock Capital Master Fund LP	On market purchase	AUS193,654,16	Ordinary shares 120.042	120042
18/06/2018	Cat Rock Capital Master Fund LP	On market purchase	AU\$485,378.42	Ordinary shares 302.756	302.756
29/06/2018	Cat Rock Capital Master Fund LP	On market purchase	AU\$179,103.63	Ordinary shares 112,313	112,313
02/07/2018	Cat Rock Capital Master Fund LP	On market purchase	AUS846.837.57	Ordinary shares 527.393	527,393
03/07/2018	Cat Rock Capital Master Fund LP	On market sale	AU\$22,342.44	Ordinary shares 13,805	13,805
10/07/2018	Cat Rock Capital Master Fund LP	On market purchase	AU\$12,039.57	Ordinary shares 7.417	7.417
12/07/2018	Cat Rock Capital Master Fund LP	On market purchase	AUS 156, 152.44	Ordinary shares 96.198	96.198
13/07/2018	Cat Rock Capital Master Fund LP	On market purchase	AU\$39,706.81	Ordinary shares 24 de 9	24,469

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
Cat Rock Capital Master Fund LP	PO Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands.
Cat Rock Capital Management LP	8 Sound Shore Drive, Suite 302 Greenwich CT 06830

Signature

print name	Andrew Flinn	capacity CFO .
sign here	Modern !	/09 /2018 27 date ---- ---

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.
• See the definition of "associate" In section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\langle 3 \rangle$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ 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
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voling powers or $_b$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification apolies).

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

• 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 m $(7)$ 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 rel
• 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". $(8)$
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice,