FLEETWOOD LIMITED — Major Shareholding Notification 2017

Aug 7, 2017

EDGBASTON INVESTMENT PARTNERS LLP

105 Piecadilly London, W1J 7NJ United Kingdom

To:	ASX.	From: Telephone:	Matthew Myles $+442072583172$
Company: Fax No:	Fleetwood Corporation Ltd $+61297780999$ $+61293470005$	Date: No of Pages:	$7th$ August 2017 7 (including cover page)
Subject:	Form 605: Notice of ceasing to be a substantial holder

Dear Sirs,

Please see enclosed Form 605. If you require any further information, please let me know.

Yours faithfully,

Matthew Myles Partner, Chief Compliance Officer mmyles@edgbastonip.com

Registered Office: 105 Piccadilly, London, W1J 7NJ, United Kingdom Partnership No: OC401960

Authorised and regulated by the Financial Conduct Authority

605 page 1/2 15 July 2001

	Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	FLEETWOOD CORPORATION LIMITED
ACN/ARSN	ABN 69 009 205 261

1. Details of substantial holder(1)

Name	Edgbaston Investment Partners LLP
ACN/ARSN (if applicable)	N/A
The holder ceased to be a substantial holder on		04/08/2017

The previous notice was given to the company on-	01/02/2016
The previous notice was dated	--------------------------------------- 01/02/2016

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 (4)	Consideration given in relation. to change(5)	Class (6) and number of securities affected	Person's votes. affected
	See attached Annexure A -

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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

4. Addresses

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

Namo.	Address
Edgbaston Investment Partners LLP	105 Piccadilly, London, W1J 7NJ, United Kingdom

Signature

	print name Matthew Myles	Partner capacity
sign here	والمستملك and the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the comp	04 / 08 / 2017 date.

605 page 2/2 15 July 2001

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 trustee of an $(1)$ 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 4 of the form.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(2)$
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(3)$
• $(4)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any $(a)$ 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 securities to $(b)$ 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 $(5)$ 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.
• The voting shares of a company constitute one class unless divided into separate classes. $\circled{6}$
• $(7)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Fleetwood Corporation Limited
ABN 69 009 205 261

This is Annexure A of 2 pages referred to in Form 605, Notice of Ceasing to be a Substantial Holder dated 4^th August 2017.

$\overline{r}$ of Date	$\overline{z}$ Person whose	$\overline{3}$ . Nature $\bf{0}$	4. Consideration	$\overline{2}$ . Class and	$\underline{6}$ . Person's
change	relevant	change	given in	number оf	votes
	interest		relation t 0	securities	affected
	changed		change (AUDS per security)	affected (ordinary
				shares)
16/02/2016	Edgbaston	Acquisition	1.122	17,414	17,414
	Investment Partners
	Limited
16/02/2016	Edgbaston	Acquisition	1.122	12,434	12,434
	Investment
	Partners
	Limited
16/02/2016	Edgbaston	Acquisition	1.122	12,434	12,434
	Investment Partners
	Limited
17/02/2016	Edgbaston	Acquisition	1.132	3,850	3,850
	Investment
	Partners
	Limited
17/02/2016	Edgbaston	Acquisition	1.132	2,749	2,749
	Investment Partners
	Limited
17/02/2016	Edgbaston	Acquisition	1.132	2,749	2,749
	Investment
	Partners Limited
18/02/2016	Edgbaston	Acquisition	1.09	6,474	6,474
	Investment
	Partners
	Limited
18/02/2016	Edgbaston	Acquisition	1.09	4,624	4,624
	Investment Partners
	Limited
18/02/2016	Edgbaston	Acquisition	1.09	$\frac{4,624}{ }$	4,624
	Investment
	Partners
	Limited
31/03/2017	Edgbaston	Disposal	2.15	25,941	25,941
	Investment Partners LLP

31/03/2017	Edgbaston Investinit Partnem LLP	Acquisition	115	25,941	25,041
2]/07/2017	Edgbalton Investmemt Partners LLP	Dioposal	1757	4938	4938
21/07/2017	Edgbast( lavestmemt Partners LIP	Disposal	2.757	U62	2,262
24/07/2017	Edgbaskm Investinit Partners LLP	Disposal	1753	3,831	3,831
24/07/2017	Edgbastim Investment Partners ILP	Disposal	1753	969	969
25/07/2017	Ed baston Investment Partners LLP	Dispoid	2.7	4,021	4,021
25/07/2017	Edgbmton Invest=nt Partnes LLP	Disposal	2.7	1,018	1,018
26/07/2017	Edgbaston Investmt Partners LIP	Disposal	165]	55,073	55,073
26/07/2017	Edgbast(m lavcsti)¤lt Partners Lip	Di,poshl	1651	13,934	13,934
27/07/2017	Edgbaston Investment Partners LLP	Disposal	165 1	55,865	55,865
27/07/2017	Edgbuton Investment Partners LLP	Disposal	2.651	14,135	14,135
31/072017	Ed*boston Invest:Dic,it Partnen ILP	Dispoid	165	67,898	67,898
3]/07/2017	Edgbaston Investment Partners LLP	Acquisilion	165	67,898	67,898
01/08/2017	Edgbagton lilvcstmciIt Partners LLP	Disposal	165	57,854	57,854
01/08/2017	Edgbaston Investment Partners LLP	Disposal	165	16,399	16,399
04/08/2017	Edgbasta Investi=lt Partners LLP	Disposal	2.65	139,656	]39,656
04/08/2017	Ed Utoll Investi mt Partners LLP	Dispod	165	492,675	492,675

z. Holder 0 relevant interest	8. Registered holder 0 1 securities	$\overline{a}$ Person entitled to be registered as holder investment account	10. of Nature relevant interest	11. Class and number οf securities	12. Person's votes
Edgbaston Investment Partners LLP	Northern - Co Trust (AVFC)	Edgbaston Equity Asian Trust	Voting and disposal power (s.608(1)(b) and $s.608(1)(c)$ of the Corporations Act).	2,223,575	2,223,575
Edgbaston Investment Partners LLP	Northern Co Trust (AVFC)	Edgbaston Equity Asian (Jersey) Trust	and Voting disposal power (s.608(1)(b) and $s.608(1)(c)$ оf the Corporations Act).	661,756	661,756

Notes:

Since the prior notice of its change of interests of substantial holder filing on 1^st February 2016, Edgbaston has undergone a corporate reorganisation. On $1^st$ April 2016, Edgbaston Investment Partners Limited ("EIP Ltd") contributed its Asia Pacific ex-Japan equity investment management business to Edgbaston Partners LLP ("EP LLP") in exchange for a 99.8% partnership interest in EP LLP. EP LLP and EIP Ltd then changed their names to Edgbaston Investment Partners LLP ("EIP LLP" or "Edgbaston") and Edgbaston Partners Limited ("EP Ltd"), respectively. All of EIP Ltd's employees, including all portfolio managers, research analysts and members of its operations and administration groups, became employees or members of EIP LLP. As of the same date, EIP LLP also became the discretionary investment manager of the Edgbaston Asian Equity Trust and the Edgbaston Asian Equity (Jersey) Trust, In connection with this transaction, EIP LLP succeeded to EIP Ltd's registration with the Securities and Exchange Commission ("SEC") in the United States. EIP Ltd was the holder of the relevant interests disclosed above prior to 1^st April 2016. Thereafter, EIP LLP was the holder of the relevant interests.

Edebaston hereby informs you that on $4^th$ August 2017, the Edebaston Asian Equity Trust sold 492.675 shares of Fleetwood Corporation Limited ("Fleetwood") and the Edgbaston Asian Equity (Jersey) Trust sold 139,656 shares of Fleetwood bringing Edgbaston's total holdings in Fleetwood as of 4th August 2017 to 2,885,331 shares. It is our understanding that the total voting shares outstanding of Fleetwood is $61,039,412$ bringing Edgbaston's aggregate ownership to a 4.73% level. This ownership calculation includes the number of shares held by each of the investment accounts / funds listed above. Edgbaston acts as the discretionary investment manager for each of the investment accounts / funds listed above and in that capacity, as of $4^th$ August 2017, has the power to exercise or control the exercise of, a right to vote attached to, and dispose of, or control the exercise of a power to dispose of, the 2,885,331 Fleetwood shares.

Edgba on is a United Kingdom based investment adviser, which is registefed with the Finm:ial Cot ct Adority in the United Kingdom and as m investment adviser with the SEC in the United States. Eaoh of the investment acoounts / funds isted above are managed by Edgbaston according to the Marne imrcetn)(nt objectives and policies

Partner, Edgbaston Investment Paitners LLP