LARK DISTILLING CO. LTD — Share Issue/Capital Change 2016

Nov 28, 2016

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

AUSTRALIAN WHISKY HOLDINGS LIMITED

Applicable security for the reorganisation

AWY ORDINARY FULLY PAID

Announcement Type

New Announcement

Date of this announcement

Tuesday November 29, 2016

Reorganisation type

Security consolidation

Effective Date

Friday December 2, 2016

Record Date

Monday December 5, 2016

Issue Date

Monday December 12, 2016

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

*1.1 Name of +Entity

AUSTRALIAN WHISKY HOLDINGS LIMITED

Registration Number

*1.2 Registered Number Type

ABN 62104600544

*1.3 ASX issuer code

AWY

*1.4 The announcement is

New announcement

*1.5 Date of this announcement

Tuesday November 29, 2016

*1.6 Securities affected by the reorganisation

Notification of Consolidation/Split

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Notification of Consolidation/Split

ORDINARY FULLY PAID

AWY

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Part 2 - Approvals

*2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

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----- Start of picture text ----- Approval/Condition Date for determination Is the date estimated Approval+Security holder Wednesday or actual? received/conditionapproval November 30, 2016 Actual met?[Select...]Comments----- End of picture text -----**

Part 3 - Reorganisation timetable and details

*3.1 +Record date

Monday December 5, 2016

3.2 Date of +security holder meeting

Wednesday November 30, 2016

3.3 Last day for trading in the pre-re-organised +securities

Thursday December 1, 2016

*3.4 Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Friday December 2, 2016

3.5 Record date

Monday December 5, 2016

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Tuesday December 6, 2016

*3.7 +Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Monday December 12, 2016

Notification of Consolidation/Split

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Notification of Consolidation/Split

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3.8 Trading starts on a normal T+2 basis

Tuesday December 13, 2016

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Thursday December 15, 2016

Part 4 - Reorganisation type and details

*4.1 The reorganisation is

+Security consolidation

*4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

30

(pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

*4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

*5.1 +Securities on issue before and after the reorganisation

**ASX +Security Code ASX +Security AWY Description ORDINARY FULLY PAID Quoted/unquoted Number on issue Number on issue after Estimate/Actual Quoted before reorganisation reorganisation Estimated 5,217,318,361 173,910,612

Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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