LARK DISTILLING CO. LTD — M&A Activity 2018

Apr 30, 2018

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ASX Release Date: 1[st] May, 2018

Dear Sir or Madam:

Australian Whisky Holdings Limited receives acceptances of offer to acquire shares in Lark Distillery Pty Ltd

Australian Whisky Holdings Limited (ASX:AWY) (“ AWY ”) is pleased to announce that, AWY has received further acceptances of its offer to acquire Lark Distillery Pty Ltd (“ Lark ”) shares as announced on 5 March 2018 (“ the Offer ”).

The acceptances of the Offer confirmed to date indicate an increase of AWY’s holding in Lark Distillery from 48.12% to 97.41%.

To enable shareholders of Lark who have not yet accepted the Offer to do so, the Board of AWY has decided to extend the acceptance period of the Offer until Friday the 4[th] May, 2018.

As announced on 26 April 2018, AWY will shortly be calling a general meeting to seek all requisite regulatory and shareholder approvals, including the shareholder approvals required for the acquisition in accordance with Listing Rule 11.1.2 (if any, noting that approval for the purposes of Listing Rule 11.1 was previously obtained, in relation to an offer to purchase up to 100% of the Lark Shares on 27 January 2017) for the issue of the consideration shares.

Yours sincerely,

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Company Secretary Gary Stewart

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