LARK DISTILLING CO. LTD — Capital/Financing Update 2017

May 3, 2017

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ASX Release Date: 3 May 2017

Barrel Purchase Finance Facility Arranged

Further to announcement on 4 April 2017 of its intention to act to protect Nant barrel investors and to continue purchasing barrels directly from Nant investors, Australian Whisky Holdings Limited ( AWH ) is pleased to announce it has entered into an agreement for the provision of a finance facility which will allow AWH to purchase further barrels from Nant investors ( Barrel Finance Facility ). The Barrel Finance Facility provides for a maximum of $1,000,000 to be advanced to AWH for the purpose of purchasing barrels, whether or not mature, from Nant barrel investors directly. AWH has begun purchasing barrels from Nant barrel investors using funds advanced under the Barrel Finance Facility, and will continue to reach out to barrel investors to purchase barrels directly.

Barrel investors are encouraged to contact the company with any queries, or inquiries regarding the purchase of barrels.

Yours sincerely

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Kenneth Lee Company Secretary

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