MACH7 TECHNOLOGIES LIMITED — Regulatory Filings 2016

May 3, 2016

Form 603 Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Mach7 Technologies Limited
ACN/ARSN	ACN 007 817 192
1. Details of substantial holder (1) Name	PT Dw iSatrya Utama
ACN/ARSN (if applicable)
The holder became a substantial holder on	8 April 2016
2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Shares	47.254.393	47,254,393	5.28%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
PT DwiSatryaUtama	Holder of relevant interest under section 608(1)(a) of the Corporations Act.	47.254.393Ordinary Shares
PT. Niaga Karya Tunggal	Holder of relevant interest under section 608(3)(a) of the Corporations Act through its voting power in PT DwiSatryaUtama	47,254,393 Ordinary Shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
PTDwiSatryaUtama	PTDwiSatryaUtama	PTDwiSatryaUtama	47,254,393 Ordinary Shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
PTDwiSatryaUtama	8 April 2016	N/A	As consideration for the Company's acquisition ofshares in Mach7 Technologies Pte Ltd fromPt DwiSatryaUtama, at a deemed price of \$0.10 per Share.	47,254,393Ordinary Shares

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows

Name and ACN/ARSN (if applicable)	Nature of association

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
PTDwiSatryaUtama	TIFA BUILDING 10TH FLOOR, JALAN KUNINGAN BARAT NO 26, JAKARTA SELATAN 12910, INDONESIA
PT. NiagaKarya Tunggal	TIFA BUILDING 10TH FLOOR, JALAN KUNINGAN BARAT NO 26, JAKARTA SELATAN 12910, INDONESIA

Signature

print name	Yerry Goei	capacity	Presiden Director
sign here		date	4 May 2016

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and
  trustee of an equity trust), the names could be included in an ann $(1)$ they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• $(7)$ Include details of:
• $(a)$ any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement c
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the $(b)$ securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown." $(8)$
• $(9)$ Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.