LARK DISTILLING CO. LTD — AGM Information 2012

Oct 18, 2012

Montec International Limited ABN 62 104 600 544

NOTICE OF ANNUAL GENERAL MEETING

to be held at 12.00 noon on Wednesday 21 November 2012 at the offices of Grant Thornton Level 17 383 Kent Street Sydney NSW 2000

Shareholders who have elected not to receive a printed copy of the Company’s 2012 Annual Report may obtain a copy from the Company’s - website www.montec international.com.au under “Investor Relations”.

Registered Office: C/- Australian Company Secretaries Pty Ltd GPO Box 4231 Level 3 70 Pitt Street SYDNEY NSW 2001

Telephone +61 2 9239 0277 Facsimile +61 2 9233 4497

Montec International Limited ABN 62 104 600 544

Notice is hereby given that the Annual General Meeting (“the Meeting”) of Montec International Limited (“the Company”) will be held at 12.00 noon on Wednesday 21 November 2012 at the offices of Grant Thornton, Level 17, 383 Kent Street, Sydney, NSW 2000.

ORDINARY BUSINESS

Consideration of Financial Report

To consider the Financial Report and the reports of the Directors and Auditors for the year ended 30 June 2012.

Neither the Corporations Act 2001 nor the Company’s Constitution requires a vote of shareholders on the reports or statements. However, shareholders will be given the opportunity to ask questions or make comments on the reports and statements at the meeting.

Resolution 1 Adoption of Remuneration Report

To consider and, if thought fit, pass the following non-binding resolution:

“That the Remuneration Report required by section 300A of the Corporations Act, as contained in the Directors’ Report of the Company, for the year ended 30 June 2012 be adopted, details of which are set out in the explanatory notes to resolution 1 in the notice of meeting.”

- This resolution is advisory only and does not bind the Company or the directors. - When reviewing the Company’s remuneration policies the directors will consider the outcome of the vote and comments made by shareholders on the remuneration report at the meeting.

- If 25% or more of votes that are cast are voted against the adoption of the remuneration report at two consecutive AGMs, shareholders will be required to vote at the second of those AGMs on a resolution (a “spill resolution”) that another meeting be held within 90 days at which all of the Company’s directors (other than the Managing Director / CEO) must stand for re-election.

Resolution 2 Re-election of Mr James Manny

To consider and, if thought fit, pass the following ordinary resolution:

“That Mr James Manny, being a Director of the Company, retires by rotation in accordance with the Constitution and being eligible, offers himself for re-election, be re-elected as a Director of the Company, details of which are set out in the explanatory notes to resolution 2 in the notice of meeting.”

Resolution 3 Ratification of issue of ordinary shares pursuant to ASX Listing Rule 7.4

To consider and, if thought fit, pass the following ordinary resolution:

“That in accordance with ASX Listing Rule 7.4, the Company ratifies and approves for the purposes of ASX Listing Rule 7.1, the issue of 53,428,266 fully paid ordinary shares in the capital of the Company, details of which are set out in the explanatory notes to resolution 3 in the notice of meeting.”

Montec International Limited ABN 62 104 600 544

Resolution 4 Approval to exempt from Listing Rule 7.1 Options issued under the Executive Option Plan in accordance with Exception 9 of Listing Rule 7.2

To consider and, if thought fit, pass the following resolution:

“That for the purposes of ASX Listing Rule 7.2, the Company approves, as an exception to the 15% limit in Listing Rule 7.1, the issue from time to time of options to subscribe for ordinary shares in the Company to employees and directors under the Executive Option Plan during the three year period commencing from 21 November 2012 details of which are set out in the explanatory notes to Resolution 4 in the notice of meeting.”

BY ORDER OF THE BOARD

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N J V Geddes Company Secretary

Montec International Limited ABN 62 104 600 544

VOTING EXCLUSIONS

In accordance with the Corporations Act 2001 and the Australian Securities Exchange Listing Rules, the Company makes the following statement:

The Company will disregard any votes cast on:

Resolution 1 - Adoption of Remuneration Report

By:

• a) A member of the Key Management Personnel, details of whose remuneration are included in the Remuneration Report; or

• b) A closely related party of such a member.

However, a person described above may cast a vote on the resolution if:

• The person does so as a proxy appointed in writing that specifies how the proxy is to vote on the proposed resolution;

• The vote is not cast on behalf of a person described in subparagraphs (a) or (b) above; and

• The vote is cast by the Chairman, as the nominated proxy for a person who is permitted to vote, with express authorisation given to the Chair to exercise the proxy even if the resolution is connected directly or indirectly with remuneration of a member of the key management personnel of the Company.

Resolution 3 - Ratification of issue of ordinary shares pursuant to ASX Listing Rule 7.4

• By:

• a) ACM Consulting Services Pty Ltd ;

• b) Nebral Pty Ltd; and

• c) Any of their associates (within the meaning of the Corporations Act 2001)

Resolution 4 - Approval to exempt from Listing Rule 7.1 Options issued under the Executive Option Plan in accordance with Exception 9 of Listing Rule 7.2 By:

• a) A director of the Company, except one who is ineligible to participate in any employee incentive scheme in relation to the Company; and

• b) Any of their associates (within the meaning of the Corporations Act 2001).

However, the entity need not disregard a vote if:

• It is cast by a person as proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; or

• It is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form to vote as the proxy decides.

Montec International Limited ABN 62 104 600 544

EXPLANATORY NOTES

This Explanatory Memorandum has been prepared for the shareholders of Montec International Limited to provide information about the items of business to be considered at the Annual General Meeting of shareholders to be held on Wednesday 21 November 2012. Shareholders are encouraged to read this document in full.

With the exception of Resolution 1, all of the resolutions to be voted on are ordinary resolutions. An ordinary resolution requires a simple majority of votes cast by shareholders entitled to vote on the resolution in order for it to be carried.

If appropriate, and if time permits, the Chairman will discuss significant issues raised by shareholders prior to the Meeting and will invite questions and comments from shareholders on these key issues and any other matters that shareholders would like to raise at the Meeting.

In addition, a reasonable opportunity will be given to members present at the Meeting to ask the Company’s auditor, Grant Thornton, questions relevant to the conduct of the audit, the preparation and content of the Auditor’s Report, the accounting policies adopted by the Company in relation to the preparation of the financial statements and the independence of the auditor. If you would like to submit a written question to Grant Thornton before the Meeting on any of the foregoing matters, please send your question to the Company Secretary, Nick Geddes, at ngeddes@austcosec.com.au before 14 November 2012.

If you have a more general issue or question that you would like discussed at the Meeting, please write to the Company Secretary, Nick Geddes, at the above address.

How will the Chairman vote as proxy if the Shareholder has not directed the Chairman to vote?

The Chairman intends to vote in favour of all Resolutions. If a Shareholder appoints the Chairman of the Annual General Meeting as proxy and does not direct the Chairman how to vote on a Resolution then, if that Shareholder is entitled to vote on that Resolution, the Chairman will vote in favour of that Resolution.

Resolution 1 - Adoption of the Remuneration Report

Consistent with section 250R of the Corporations Act, the Company submits to shareholders for consideration and adoption, by way of a non-binding resolution, its Remuneration Report for the year ended 30 June 2012.

The Remuneration Report is a distinct section of the annual Directors’ Report which deals with the remuneration of Directors and executives (which includes senior management) of the Company. The Remuneration Report can be located in the Company’s Annual Report on pages 4 to 6.

The resolution is advisory only and does not bind the Company or its directors. However the Board will consider the outcome of the vote and comments made by shareholders at the meeting on the remuneration report when reviewing the Company’s remuneration policies. If 25% or more of votes that are cast are voted against the adoption of the remuneration report at two consecutive AGMs, shareholders will be required to vote at the second of those AGMs on a resolution (a “spill resolution”) that another meeting be held within 90 days at which all of the Company’s directors (other than the Managing Director / CEO) must stand for re-election. The Company encourages all shareholders to cast their votes on Resolution 1 (Adoption of Remuneration Report).

The Chairman intends to exercise all undirected proxies in favour of Resolution 1. If the Chairman of the meeting is appointed as your proxy and you have not directed the Chairman how to vote on Resolution 1 by signing and returning the Proxy Form, the Shareholder is considered to have provided an express authorisation for the Chairman to vote the proxy in accordance with the Chairman’s intention.

Montec International Limited ABN 62 104 600 544

Resolution 2 – Re-election of Mr James Manny

Pursuant to the Clause 5.1 of the Constitution and ASX Listing Rules, Mr Manny will retire by rotation and seeks re-election.

Mr Manny holds a bachelor of Business and is a Non-executive Director of Credit New Holland Group Limited. Previously, he was the Executive Chairman of iCash Payment System Limited. Mr Manny has held numerous investment banking positions and expertise in treasury, IPO project management and capital raising.

Mr Manny is the Chairman of the Nomination and Remuneration Committee and the Audit Committee.

The Board supports the re-election of Mr Manny.

Resolution 3 - Ratification of issue of ordinary shares pursuant to ASX Listing Rule 7.4

ASX Listing Rule 7.1 imposes a cap on the number of securities that a company may issue within the 12 month period. ASX Listing Rule 7.4 provides that an issue of equity securities made without Shareholder approval under Listing Rule 7.1 is treated as having been made with Shareholder approval for the purposes of Listing Rule 7.1 if the holders of ordinary securities subsequently approve it, and the issue did not breach Listing Rule 7.1. The issues of the shares described below did not breach any Listing Rules and shareholder ratification to those issues is now sought.

In order to restore the Company’s capacity to issue shares, it is proposed that the Members ratify the issue of ordinary shares as detailed below. Ratification provides the Company with flexibility in capital management and allows the Company to make further issues for working capital or other purposes as required.

By way of a placement the Company issued 53,428,266 fully paid ordinary shares at $0.001 each to existing shareholders and new and sophisticated investors. The issued securities ranked equally with the shares already on issue.

These funds were employed for working capital purposes.

Resolution 4 - Approval to exempt from Listing Rule 7.1 Options issued under the Executive Option Plan in accordance with Exception 9 of Listing Rule 7.2

Australian Securities Exchange (‘ASX’) Listing Rule 7.1 prohibits a listed company from issuing or agreeing to issue new securities representing more than 15% of its total ordinary shares during the following 12 month period without shareholder approval.

Exception 9, Listing Rule 7.2, provides that shares or options issued under an employee incentive scheme (e.g. the Executive Option Plan) are excluded from this restriction provided that, within three years before the date of issue, the scheme, and specifically issues of securities under it, has been approved by shareholders in general meeting.

The Company seeks to have options issued under the current Executive Option plan excluded from the 15% limit.

This exception allows the Board flexibility to issue further ordinary shares (or options) up to the full 15% limit and without regard to shares (or options) issued under a properly exempted plan, but remains subject to other exceptions to the limit, such as bonus or rights issues.

Provided that the Company’s shareholders approve the potential issue of shares and options under the Employee Share Option Plan for three years after the 2012 annual general meeting, those securities will be outside the 15% restriction contained in Rule 7.1.

If Resolution 4 is not passed, the Board will continue to use the Executive Option Plan however securities issued under this plan will count towards the 15% restriction.

The following is a summary of the principal terms of the Executive Option Plan:

Montec International Limited ABN 62 104 600 544

At the discretion of the Board, options to subscribe for Shares may be granted to employees and directors of the Company and its Related Bodies Corporate for nil consideration. The maximum number of Options that may be granted at any time under the Executive Option Plan when aggregated with the number of Shares which would be issued if each outstanding offer under an employee or executive share or option scheme of the Company were accepted and all Shares issued under the plan and any other employee option or share plan (including as a result of the exercise of Options) during the previous 5 years (disregarding any offer or issue that did not need disclosure to investors because of section 708 of the Corporations Act) is the number equivalent to 5% of the total number of Shares on issue in the capital of the Company.

The Board may, in its absolute discretion, impose performance hurdles on the exercise of the Options issued under the plan, in which case the Options to which the performance criteria apply may only be exercised if those performance criteria are achieved before the Options lapse.

Each Option entitles the holder on payment of an exercise price to subscribe for one ordinary Share in the capital of the Company (subject to reconstructions and bonus issues). The Options will not be listed and are not transferable.

Options issued under the plan will lapse at 5.00pm on the date 3 years after the date on which they are granted, or on the date the holder ceases to be an employee of the Company or related company (whichever is earlier), or on such date as the Board determines. Options not exercised before their expiry date will automatically lapse.

The exercise price of the Options issued will be the average closing market price of the Shares on ASX over the 5 trading days prior to the date of the issue of the Options.

Shares issued upon exercise of the Options will rank equally in all respects with the Company’s then existing fully paid ordinary shares.

There are no participating rights or entitlements inherent in the Options and holders will not be entitled to participate in new offers of capital offered to shareholder during the currency of the Options.

Number of Securities Issued Since Last Approval.

No securities have been issued since last approval.

The directors recognise the need to maintain flexibility and recommend that the shareholders approve the exception of shares issued under the ESOP from the 15% limit in Listing Rule 7.1.

Montec International Limited ABN 62 104 600 544

NOTES

1. A member entitled to attend and vote at the Meeting is entitled to appoint a proxy to attend and vote on the member’s behalf. If the member is entitled to cast two or more votes at the Meeting, the member may appoint not more than two proxies to attend and vote on the member’s behalf.

2. If a member appoints two proxies, each proxy should be appointed to represent a specified proportion or number of the member’s votes. In the absence of such a specification, each proxy will be entitled to exercise half the votes.

3. A proxy need not be a member of the Company.

4. To appoint a proxy (or two proxies), a proxy form must be signed by the member or the member’s attorney duly authorised in writing. If the member is a corporation, the proxy form must be signed either under the corporation’s common seal (if any) or under the hand of its attorney or officer duly authorised.

5. To be effective, a proxy form (and, if it is signed by an attorney, the authority under which it is signed or a certified copy of the authority) must be received by the Company not later than 48 hours prior to the Meeting. Proxy forms and authorities may be sent to the Company by post, personal delivery, fax or email to:

Montec International Limited C/- Australian Company Secretaries Pty Ltd Street address : Level 3, 70 Pitt Street Sydney NSW 2000 Mailing address : GPO Box 4231 Sydney NSW 2001

Fax: +61 (02) 9233 4497 Email: proxy@austcosec.com.au

provided that members who forward their proxy forms by fax or email are required to make available the original executed form of the proxy for production, if called upon so to do at the Meeting.

1. A corporate shareholder entitled to attend and vote at the Meeting may appoint a body corporate representative to attend and vote for the shareholder. Also, as noted previously, a body corporate may be appointed as a proxy.

Montec International Limited will accept the original appointment, a certified copy of the appointment or a certificate from the company giving notice of the appointment as satisfactory evidence of the appointment.

You can lodge your body corporate representative appointment document before the AGM or present the document at the registration desk at the Meeting.

1. For the purposes of the Annual General Meeting, persons on the register of members as at 7.00pm AEDT on Monday, 19 November 2012 will be treated as members. This means that if you are not the registered holder of a relevant share at that time you will not be entitled to vote in respect of that share.

Montec International Limited ABN 62 104 600 544

Proxy Form

Please mark x to indicate your directions

Appoint a Proxy to Vote on Your Behalf

I/We........................................................................................................................................................................................................

(PLEASE PRINT NAME)

Of........................................................................................................................................................................................................... (ADDRESS) being a Member/Members of Montec International Limited hereby appoint

The Chairman of the meeting OR 

PLEASE NOTE: Leave this box blank if you have selected the Chairman of the meeting. Do not insert your own name(s).

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the meeting, as my/our proxy to act generally at the Meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given and to the extent permitted by law, as the proxy sees fit) at the Annual General Meeting of Montec International Limited to be held at the at the offices of Grant Thornton, Level 17, 383 Kent Street, Sydney NSW 2000, on Wednesday, 21 November 2012 at 12.00 noon A.E.D.T. and at any adjournment or postponement of that meeting.

Chairman authorised to exercise undirected proxies on remuneration related resolutions: Where I/we have appointed the Chairman of the Meeting as my/our proxy (or the Chairman becomes my/our proxy by default), I/we expressly authorise the Chairman to exercise my/our proxy on Resolution 1 and 4 (except where I/we have indicated a different voting intention below) even though Resolution 1 and 4 are connected directly or indirectly with the remuneration of a member of key management personnel, which includes the Chairman.

Important Note: For Resolution 4, this express authority is also subject to you marking the box in the section below.

If the Chairman of the Meeting is (or becomes) your proxy, you can direct the Chairman to vote for or against or abstain from voting on Resolutions 1 and 4 by marking the appropriate box next to the resolution below.

Important for Resolution 4 – If the Chairman of the Meeting is your proxy and you have not directed the Chairman how to vote on Resolution 4, please mark the box in this section. If you do not mark this box and you have not otherwise directed your proxy how to vote on Resolution 4, the Chairman of the Meeting will not cast your votes on Resolution 4 and your votes will not be counted in computing the required majority if a poll is called on this Resolution. The Chairman of the Meeting intends to vote undirected proxies in favour of Resolution 4.



I/We acknowledge that the Chairman of the Meeting may exercise my/our proxy even if the Chairman has an interest in the outcome of Resolution 4 and that votes cast by the Chairman, other than as proxy holder, would be disregarded because of that interest.

PLEASE NOTE : If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf on a show of hands Items of Business or a poll and your votes will not be counted in computing the required majority.

Resolution	1	Adoption of the Remuneration Report
Resolution	2	Re-election of Mr James Manny
Resolution	3	Ratification of issue of ordinary shares pursuant to ASX Listing Rule 7.4
Resolution	4	Approval to Exempt from Listing Rule 7.1 Options issued under the
		Executive Option Plan

For Against Abstain

The Chairman of the Meeting intends to vote all available proxies in favour of each item of business.

Signature of Securityholder(s) This section must be completed.

Individual or Securityholder 1 Sole Director and Sole Company Secretary	Securityholder 2 Director	Securityholder 3 Director/Company Secretary

/ /

Contact Name

Contact Daytime Telephone

Date

Montec International Limited ABN 62 104 600 544

INSTRUCTIONS FOR COMPLETION OF PROXY FORM

Your vote is important. Please direct your proxy how to vote. For your proxy to be entitled to vote your shares at the Meeting, the Company must receive the completed Proxy Form not later than 48 hours prior to the Meeting. Any proxy received after this deadline will be treated as invalid.

APPOINT OF PROXY

Insert here the name of the person you wish to appoint as proxy. Members cannot appoint themselves. If you submit a Proxy Form, which does not name a person to act as your proxy, the Chairman of the Meeting will act as your proxy. You can vote your shares by proxy even if you plan to attend the Meeting.

Exercise of Proxy by Chairman

For undirected proxies, the Chairman intends to vote in favour of each resolution, and by appointing the Chairman as your proxy you acknowledge that the Chairman may exercise your proxy even if he has an interest in the outcome of the resolution and votes cast by him other than as proxy holder will be disregarded because of that interest.

BUSINESS

Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite each item of business. If you do not mark a box your proxy may vote as they choose. If you mark more than one box on an item your vote will be invalid on that item.

Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of securities you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.

Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of securities for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of securities for each on the proxy form.

SIGNATURE OF SECURITYHOLDER(S)

Signing Instructions to ensure your proxy is validly executed

Individual: Where the holding is one name, the shareholder must sign.

Joint Holding: Where the holding is more than one name, all of the shareholders should sign.

Power of Attorney: Please attach a certified photocopy of the Power of Attorney to the proxy form when you return it.

Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held. Delete titles as applicable.

Attending the Meeting .

Bring this form to assist registration. If a representative of a corporate shareholder or proxy is to attend the meeting you will need to provide the appropriate “Certificate of Appointment of Corporate Representative” prior to admission. A form of the certificate may be obtained from the Company Secretary.

Further Important Information

Please return your completed Proxy Form to the Company Secretary c/- Australian Company Secretaries Pty Ltd, at Level 3, 70 Pitt Street, Sydney, NSW, 2000 (GPO Box 4231, Sydney, NSW, 2001). Alternatively, your Form can be faxed to the Company on +61 (02) 9233 4497 or emailed to proxy@austcosec.com.au . To be effective, the Form must be received by the Company at the above address not later than 48 hours prior to the Meeting. If you require further information on how to complete the Proxy Form, telephone the Company Secretary on 1300 134 875.