LARK DISTILLING CO. LTD — Capital/Financing Update 2017

Mar 22, 2017

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ASX Release

23 March 2017

Dear Sir or Madam:

Update on the Offer to purchase shares in Lark Distillery Pty Ltd Extension of closing date

Australian Whisky Holdings Limited ( AWY ) refers to its previous announcements with respect to its offer to purchase shares in Lark Distillery Pty Ltd ( Lark ).

AWY advises that it has received acceptances from shareholders representing 48.09% of Lark.

AWY advises that AWY has decided to extend the closing date of the offer to 30 March 2017 .

Yours sincerely,

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Company Secretary Kenneth Lee

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