LARK DISTILLING CO. LTD — M&A Activity 2016

Dec 22, 2016

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ASX Release Date: 23 December 2016

Dear Sir or Madam:

Update on offer to purchase share s in Lark Distillery Pty Ltd

On 8 December 2016, Australian Whisky Holdings Limited (ASX:AWY) (“ AWY ”) announced its intention to make an offer (“ the Offer ”) to acquire all of the ordinary shares in Lark Distillery Pty Ltd (“ Lark ”) that it does not currently own. AWY currently holds approximately 38.49% of the shares in Lark.

AWY is pleased to advise that:

• (a) AWY has convened a General Meeting of Shareholders to be held on 27 January 2017 to seek shareholder approval with respect to the Offer; and

• (b) AWY has submitted an offer to each shareholder of Lark consistent with the terms outlined in AWY’s ASX Release of 8 December 2016 and referred to in the Notice of Meeting dated 23 December 2016.

The Offer will be open until 5:00pm (AEDT) on 30 January 2017.

For further information, please contact Kenneth Lee, Company Secretary.

Yours sincerely,

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Company Secretary Kenneth Lee

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