603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme

ACN/ARSN

XTD LIMITED

147 799 951

1. Details of substantial holder (1)

Name MARK NIUTTA

ACN/ARSN (if applicable)

The holder became a substantial holder on 25 / 02 / 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)`ORDINARY`	Number of securities`6,880,518`	Person's votes (5)`6,880,518`	Voting power (6)`5.17%`

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`MARK NIUTTA PTY LTD``(MARK NIUTTA FAMILY A/C)``MARK NIUTTA PTY LTD (MARK``NIUTTA S/F A/C)``MARK NIUTTA PTY LTD``(MARK NIUTTA FAMILY A/C)``MARK NIUTTA`	Nature of relevant interest (7)`TRUSTEE``INDIRECT``INDIRECT``DIRECT`	Class and number of securities`3,635,214``1,842,172``566,475``836,657`

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 relevantinterest`MARK NIUTTA PTY LTD`	Registered holder ofsecurities`MARK NIUTTA PTY LTD`	Person entitled to beregistered as holder(8)	Class and number of securities
		`MARK NIUTTA`	`6,043,861 ORD`
`MARK NIUTTA`	`MARK NIUTTA`	`MARK NIUTTA`	`836,657 ORD`

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 relevantinterest	Date of acquisition	Consideration (9)	Class and number of securities
		CashNon-cash