LARK DISTILLING CO. LTD — M&A Activity 2017

Jan 29, 2017

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ASX Release 30[th] January 2017

Dear Sir or Madam:

Update on the Offer to purchase shares in Lark Distillery Pty Ltd

Australian Whisky Holdings Limited ( AWY ) refers to its previous announcements dated 8 December 2016 and 23 December 2016 with respect to its offer to purchase shares in Lark Distillery Pty Ltd ( Lark ).

AWY advises that it has received acceptances from shareholders representing 2.81% of Lark and it has obtained shareholder approval at its general meeting of shareholders held on 27 January 2017 with respect to the offer. AWY will process those acceptances, which will increase AWY’s percentage of shareholding in Lark to 41.29%.

Following receipt of shareholder approval as noted above, the offer is now unconditional.

AWY further advises that at the request of the Board of Lark and in order to allow sufficient time for the shareholders of Lark to consider the offer, AWY has agreed to extend the closing date of the offer to 28 February 2017.

Yours faithfully,

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Company Secretary Kenneth Lee

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