EVOLUTION MINING LIMITED — Major Shareholding Notification 2017

Jan 23, 2017

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Evolution Mining Limited
ACN/ARSN
	084 669 036
1. Details of substantial holder (1)
Name	La Mancha Group International B.V. (Incorporated in the Netherlands, trade register number 55617786) ("LMGI") and its associates being each entity listed in Annexure A (the "La Mancha Group")
ACN/ARSN (if applicable)	N/A
There was a change in the interests of the
substantial holder on	26/09/2016
The previous notice was given to the company on	27/08/2015
The previous notice was dated	27/08/2015

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)
ORD	445,876,699	31.00%	1475,144,992	28.39%

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
26/09/2016	La Mancha Group	Acquisition of shares pursuant to accelerated renounceable lentitlement offer	\$60,000,000.65	29,268,293 ordinary 29,268,293 shares
26/09/2016	La Mancha Group	Dilution due to issue lof shares under accelerated renounceable lentitlement offer	Nil	475,144,992 ordinary shares	475,144,992

4. 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
lLa Mancha lGroup	Citicorp Nominees Pty Citicorp Nominees Ltd as custodian for Pty Ltd as custodian ILMGI	for LMGI	IPursuant to sections 608(1)(a), 608(1)(b) $ 608(1)(c)$ and 608(3) of the $ $ ordinary shares Corporations Act 2001 (Cth)	475.144.992	475.144.992

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
N/A	N/A

6. Addresses

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

Name	Address
La Mancha Group	c/- La Mancha Holding S.à r.l., 31-33 avenue Pasteur, L. 2311 Luxembourg, Grand Duchy of Luxembourg
Citicorp Nominees Pty Ltd	Level 16, 120 Collins Street, Melbourne, Victoria 3000 Australia

Signature

DIRECTIONS

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 $(1)$ it uses 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. $(3)$
• 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) applies, a copy $(a)$ 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 voting powers or disposal of the $(b)$ 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.

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 $(7)$ contingency. Details must be included on 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.

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". $(8)$

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

Annexure A

This is Annexure A of 3 pages referred to in Form 604 Notice of change of interests of substantial holder by La Mancha Group International B.V.

Signed:

Name: Capacity:
Date:

Amr El Adawy
Director

$23/01/2017$

Party/entity name	Country	ACN (if applicable)
Marchmont Limited	Cayman Islands
Mocsaro Holding SARL	Luxembourg
Oil Technology LLC	USA
Texegy LLC	USA
New Egypt Investments Holdings SARL	Luxembourg
New Egypt Holdings BV	The Netherlands
Marchco Holding Limited	Cayman Islands
Orascom TMT Investments SARL	Luxembourg
OTMT Malta Investments 1 Limited	Malta
OTMT Acquisition SARL	Luxembourg
OTMT Acquisition II SARL	Luxembourg
Arianne Investments SARL	Luxembourg
OTMT Finance Investments limited	Malta
Weather II SP I Limited	Cayman Islands
Weather II SP II Limited	Cayman Islands
Tango SP 1 SARL	Luxembourg
ItNet Srl	Italy
Mix Srl	Italy
ItaliaOnLine SPA	Italy
Gold 5 Srl	Italy
MOQU ADV Srl	Italy
MOQU Adv Ireland	Ireland
WIS Telecom SPA	Italy
WIS Telecom SA	Belgium
DADA SPA	Italy
Clarence Srl	Italy
Register.it SPA	Italy
Nominalia Internet SL	Spain
Agence des Medias Numeriques SAS	France

Party/entity name	Country	ACN (if applicable)
Namesco Limited	UK
Namesco Inc	USA
Namesco Ireland	Ireland
Pounhost Internet ltd	UK
Simply.com Limited	UK
Simply Virtual Server Limited	UK
Simply Transit ltd	UK
NDO Limited Amen Limited	UK UK
Amen Nederland BV	The Netherlands
Amenworld-Servicos Internet, Sociedade Unipessoal Lda	Portugal
Fueps SPA	Italy
Joyent Inc.	USA (Delaware)
Joyent International Inc	USA (Delaware)
Joyent Ltd	UK
Joyent Canada Inc	Canada
Joyent International Europe, Middle East and Africa Sarl	Switzerland
Node.js, LLC lntY Holdings Limited	USA UK
lntY Limited	UK
lnTY USA Inc	USA
Accelero Capital Holdings SARL	Luxembourg
Accelero Capital Holdings Cooperatief U.A.	The Netherlands
Accelero Capital Egypt LLC	Egypt
Accelero Capital Service Europe Accelero Capital Investments Management Campanv	France Cayman Islands
Limited
Accelero Capital Management Company Limited	Jersey
Accelero Capital Investments Holdings SARL	Luxembourg
Red Jasper inc	Canada
A15 Investments SARL	Luxembourg
A15 Fund LP A15 GP	Cayman Islands Cayman Islands
A15 Cooperatief U.A.	The Netherlands
A15 Holding Netherlands BV (2)	The Netherlands
The Arabian LinkdotNet KSA	Saudi Arabia
LinkdotNet FZ LLC	UAE
Genart Medya	Turkey
LinkdotNet AbuDhabi LLC	UAE
Link Online SAE Dare'n Deal	Egypt Egypt
Arab Finance for Securities	Egypt
Link For Programs Development SAE	Egypt
Link For Domain Registrations SAE	Egypt
Connect Ads For Advertising & Software	Egypt
LinkDotNet Qatar	Qatar
OT lob.com for restauration reservation services SAE	Egypt
E7gezly SAE ARPU For telecommunication Services Company SAE	Egypt Egypt
Call Pak	Pakistan
Arab Call Group Ltd	BVI
Palestine Call	Palestine
Egypt Call Communications SAE	Egypt
Rosten Investments ltd	Morocco
Global Telecom SAE	Egypt
Mobi Zone Canada Inc Mobi Zone Pakistan (Pvt) Ltd	Canada Pakistan
Mobi Zone FZ LLC	UAE
Mobi Zone Saudi Arabia	Saudi Arabia
Mobi Zone Italy	Italy
Mobi Zone Algeria Ltd	Algeria
Mobi Zone Bangladesh	Bangladesh
Mobi Zone Tunis	Tunisia
ACDC Fund LP ACDC GP	Cayman Islands Cayman Islands

Party/entity name	Country	ACN (if applicable)
ACDC Holdings SARL	Luxembourg
Supernap International SA	Luxembourg
9161520 Canada Inc	Canada
Supernap ltalia Sri	Italy
Supernap (Thailand) Company Limited	Thailand
Orascom Telecom Media and Technology Holding SAE	Egypt
Middle East and North Africa fir Sea Cables	Egypt (Free zone II)
Societa' del Medioriente & Nord Africa per i Cavi Marittimi	Italy
Srl
Trans World Associates (Ptv) Ltd	Pakistan
TES Media (Private) Limited	Pakistan
Trans World Enterprise Services (Private) Limited	Pakistan
Trans World Infrastructure Services (Private) Limited	Pakistan
Egyptian Company for Mobile Services SAE	Egypt
MT Telecom SCRL	Belgium
Egyptian Company for Mobile Towers Services SAE	Egypt
Mobinil Services SAE	Egypt
Mobinil For Importing SAE	Egypt
Link Egypt for Trading and Services SAE	Egypt
LinkDotNet SAE	Egypt
Link One SAE	Egypt
CHEO Technology JV Company Orascom Telecom Ventures SAE	DPKR Egypt
Orascom Telecom Lebanon SAL	Lebanon
Oracap Holding Co.	Port Tawfic Free Zone
	(Egypt)
Oracap Far East Limited	Malta
Orabank NK Ltd	DPKR
Datatec	Egypt
Envision Investments SAE	Egypt
Smart Village (ECDMIV)	Egypt
Into Development The Egyptian for Software Company (ECP)	Egypt
La Mancha Holding SARL	Luxembourg
La Mancha International GEC SARL	Luxembourg
La Mancha Services France Sas	France
La Mancha Precious Metals SA	Luxembourg
La Mancha Group International B.V.	The Netherlands
La Mancha Capital B.V.	The Netherlands
La Mancha Africa SARL	Luxembourg
La Mancha Mali	Mali
La Mancha Amalco Holdings Pty Ltd	Australia	163 023 498
Minera Patagonia SA	Argentina
COMINOR SAS	France
SMI	Cote d'lvoire
La Mancha Cote d'lvoire	Cote d'lvoire
AMC	Sudan
La Mancha Sudanese Mining Co Ltd	Sudan
Société des Mines d'lty	Ivory Coast
March Fund Holdings	Cayman Islands
March GP	Cayman Islands
March Fund LP	Cayman Islands
The Midmarch Trust	Jersey
March Adviser March Adviser LP	Cayman Islands Cayman Islands
March VC Holding	Cayman Islands
March VC LP	Cayman Islands
March VC LLC	USA (Delaware)
March CP Limited	Cayman Islands
March CP Holdings LP	Cayman Islands
Caherciveen Partners LLC	USA
March Capital Investment SARL	Luxembourg
OTMT Malta Investments DWC Ltd	Malta
OTMT Malta Investments Monreith Ltd	Malta
OTMT Malta Investments FE Ltd	Malta