LARK DISTILLING CO. LTD — Capital/Financing Update 2016

Oct 25, 2016

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ASX Release Date: 26 October 2016

Dear Sir or Madam:

ASX Requirements regarding the proposed acquisition of the Nant Distillery Business and the Nant Estate

Australian Whisky Holdings Limited ( AWY ) advises that upon the request of ASX, AWY has provided various information with respect to the proposed acquisition of the Nant Distillery Business and the Nant Estate ( the Proposed Transaction ) as announced on 17 October 2016 to demonstrate that the Proposed Transaction will not result in a significant change to the nature or scale of the company’s activities such as Listing Rule 11.1.3 applies.

ASX has advised that AWY is not required to comply with Chapters 1 and 2 of the Listing Rules in accordance with Listing Rule 11.1.3. ASX has determined that AWY is required to obtain shareholder approval with respect to the Proposed Transaction in accordance with Listing Rule 11.1.2. AWY will seek shareholder approval with respect to the Proposed Transaction as a condition to completion of the Proposed Transaction.

Yours sincerely,

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Company Secretary Kenneth Lee

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