ORICA LIMITED — Major Shareholding Notification 2012

Jun 21, 2012

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Orica Limited

ACN/ARSN 004 145 868

1. Details of substantial holder(1)

Name BlackRock Group

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 13 / / 06 12 The previous notice was given to the company on 15 / / 06 12 The previous notice was dated 15 / / 05 12

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
	See Annexure B

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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

4. Addresses

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

Name	Address
See Annexure A

Signature

print name sign here	capacity Belinda Plotkin Company Secretary
	date / / 22 06 12

605 page 2/2 15 July 2001

DIRECTIONS

• (1) 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 annexure to the form. If the relevant interests of a group of persons are essentially similar, 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 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

(4) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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 certifying this contract, scheme or arrangement; and

• (b) 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 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.

• (5) Details of the consideration must include any and all benefits, money 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.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

This is Annexure A of (1) page referred to in form 605 Notice of ceasing to be a substantial shareholder

22-Jun-12 Belinda Plotkin, Company Secretary Date

2. Changes in relevant interests

		Orica Limited (ORI)	Orica Limited (ORI)
Date of Change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5) (AUD)	Class (6) and number of securities affected	Person's votes affected
16 May 2012 to 13 June 2012	BlackRock Group	Purchases	19,225,697	ord 767,462	767,462
	BlackRock Group	Sales	19,042,742	ord 781,541	781,541

ORI

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Annexure B

This is Annexure B of (1) page referred to in form 605 Notice of ceasing to be a substantial shareholder

22-Jun-12

Belinda Plotkin, Company Secretary

4. Addresses

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

Name	Address
BlackRock Investments Canada, Inc	161 Bay Street, Suite 2500
	Toronto, Ontario M5J 2S1
BlackRock Capital Management, Inc.	100 Bellevue Parkway
	Wilmington, DE 19809
BlackRock Investment Management (LUX)	6d route de Treves
	Luxembourg
BlackRock (Netherlands) B.V.	Rembrandt Tower, 17th floor
	Amstelplein Amsterdam Netherlands
BlackRock Fund Managers Ltd	12 Throgmorton Avenue
	London EC2N 2DL UK
BlackRock Asset Management Canada Limited	161 Bay Street, Suite 2500
	Toronto, Ontario M5J 2S1
BlackRock International Ltd.	40 Torphichen Street
	Edinburgh EH3 8JB
BlackRock Financial Management, Inc.	40 E. 52nd Street
	New York, NY 10022
BlackRock Investment Management, LLC	1 University Square Drive,
	Princeton, NJ 08540
BlackRock Asset Management Ireland Limited	JP Morgan House
	International Fiancial Services Centre
	Dublin 1 IRELAND
BlackRock Asset Management Japan Limited	Marunouchi Trust Tower Main,
	1-8-3 Marunouchi, Chiyoda-ku Tokyo 100-8217
BlackRock Investment Management (Aust) Ltd	Level 19, 120 Collins St
(ACN 006 165 975)	Melbourne Australia
BlackRock Investment Management (UK) Ltd	12 Throgmorton Avenue
	London EC2N 2DL UK
BlackRock Advisors, LLC	100 Bellevue Parkway
	Wilmington, DE 19809
BlackRock Advisors (UK) Ltd.	Murray House, 1 Royal Mint Court
	London, EC3N 4HH, UK
BlackRock Asset Management Australia Limited	Level 43, Grosvenor Place
(ACN 001 804 566)	225 George Street Sydney NSW 2000 Australia
BlackRock Institutional Trust Company, N.A.	400 Howard Street
	San Francisco, CA, 94105
BlackRock Fund Advisors	400 Howard Street
	San Francisco, CA, 94105

ORI

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