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ORICA LIMITED Major Shareholding Notification 2016

Apr 5, 2016

65508_rns_2016-04-05_304e3173-e53f-4d0c-bfc4-e03f27996964.pdf

Major Shareholding Notification

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Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme Orica Limited
ACN/ARSN 004 145 868
1. Details of substantial holder (1)
Name
ACN/ARSN (if applicable)
The Vanguard Group, Inc.
N/A
The holder became a substantial holder on 01 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
(5)
votes
Person's
Voting power (6)
18.673.820
Ordinarv
18.673.820 5.001%

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
Vanguard Investments Australia Ltd Beneficial Owner Ordinary - 11.105.451
The Vanguard Group, Inc. Beneficial Owner Ordinary - 7.568.369

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 Registered holder of Person entitled to be Class and
relevant securities registered as holder (8) number of
interest securities
Vanguard JP Morgan Chase Vanguard Investments Australia Ltd is the manager of various Ordinary-
Investments Bank, N.A. and various superannuation funds, institutional investor portfolios and unit trusts 11,105,451
Australia Ltd other Custodians and in that capacity can exercise the power to vote and/or dispose of
the shares
The Vanguard Brown Brothers The Vanguard Group, Inc., is the manager of various Mutual funds and Ordinary $-$
Group, Inc. Harriman accounts and in that capacity has the power to dispose of the shares 2.399.385
The Vanguard Bank of New York The Vanguard Group, Inc., is the manager of various Mutual funds and Ordinary $-$
Group, Inc. Mellon accounts and in that capacity has the power to dispose of the shares 1.257
The Vanguard JP Morgan Chase The Vanguard Group, Inc., is the manager of various Mutual funds and Ordinary-
Group, Inc. Bank, N.A. accounts and in that capacity has the power to dispose of the shares 4.332.198
The Vanguard State Street Bank and The Vanguard Group, Inc., is the manager of various Mutual funds and Ordinary-
Group, Inc. Trust Company accounts and in that capacity has the power to dispose of the shares 835.529

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
See Annexure A

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
N/A N/A

7. Addresses

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

Name Address
The Vanguard Group, Inc. P.O. Box 2600, V26 Valley Forge, PA 19482 USA
Vanguard Investments Australia Ltd Level 34, 2 Southbank Blvd, Southbank 3006 VIC
print name $\Delta/icholas$ capacity Compliance Manager
l. Guuld
sign here $\mathbb{A}$
P. Nould
date
05 April 2016

To Company ACN/ARSN

Orica Limited 004 145 868

Substantial Holder Name ACN/ARSN

The Vanguard Group, Inc.
N/A

Consideration Number of
Person whose relevant interest given in relation to securities Person's votes
Date of change changed Nature of Change(6) change(7) Class affected affected
9-Dec-15 The Vanguard Group, Inc. BUY 14.76 Ordinary 6,677 6,677
9-Dec-15 The Vanguard Group, Inc. BUY 14.84 Ordinary 2,942 2,942
10-Dec-15 The Vanguard Group, Inc. BUY 14.94 Ordinary 1,214 1,214
10-Dec-15 The Vanguard Group, Inc. BUY 14.94 Ordinary 1,821 1,821
11-Dec-15 The Vanguard Group, Inc. BUY 14.81 Ordinary 222 222
14-Dec-15 The Vanguard Group, Inc. BUY 14.42 Ordinary 224 224
15-Dec-15 The Vanguard Group, Inc. BUY 14.38 Ordinary 46,845 46,845
16-Dec-15 The Vanguard Group, Inc. BUY 14.64 Ordinary 249 249
18-Dec-15 The Vanguard Group, Inc. BUY 14.95 Ordinary 3.035 3,035
18-Dec-15 The Vanguard Group, Inc. SELL 15.06 Ordinary (16, 193) (16, 193)
22-Dec-15 The Vanguard Group, Inc. BUY 15.23 Ordinary 3,642 3,642
24-Dec-15 The Vanguard Group, Inc. BUY 15.37 Ordinary 3,035 3,035
29-Dec-15 The Vanguard Group, Inc. BUY 15.68 Ordinary 7,284 7,284
30-Dec-15 The Vanguard Group, Inc. BUY 15.51 Ordinary 2,196 2,196
31-Dec-15 The Vanguard Group, Inc. BUY 15.37 Ordinary 2,428 2,428
5-Jan-16 The Vanguard Group, Inc. BUY 14.77 Ordinary 754 754
5-Jan-16 The Vanguard Group, Inc. BUY 14.77 Ordinary 440 440
6-Jan-16 The Vanguard Group, Inc. BUY 14.27 Ordinary 732 732
6-Jan-16 The Vanguard Group, Inc. BUY 14.27 Ordinary 715 715
6-Jan-16 The Vanguard Group, Inc. BUY 14.27 Ordinary 3,035 3.035
6-Jan-16 The Vanguard Group, Inc. BUY 14.32 Ordinary 6,072 6,072
7-Jan-16 The Vanguard Group, Inc. BUY
BUY
14.24 Ordinary 47,449 47,449
7-Jan-16 The Vanguard Group, Inc. BUY 13,88
14.03
Ordinary 1,144
715
1,144
715
8-Jan-16
11-Jan-16
The Vanguard Group, Inc.
The Vanguard Group, Inc.
BUY 14.06 Ordinary
Ordinary
2,580 2,580
12-Jan-16 The Vanguard Group, Inc. BUY 13.99 Ordinary 732 732
12-Jan-16 The Vanguard Group, Inc. BUY 13.88 Ordinary 17,265 17,265
13-Jan-16 The Vanguard Group, Inc. BUY 13.59 Ordinary 1,098 1,098
13-Jan-16 The Vanguard Group, Inc. BUY 13.59 Ordinary 10,010 10,010
13-Jan-16 The Vanguard Group, Inc. BUY 13.59 Ordinary 3,096 3,096
13-Jan-16 The Vanguard Group, Inc. BUY 13.91 Ordinary 18,105 18,105
14-Jan-16 The Vanguard Group, Inc. BUY 13.88 Ordinary 7,918 7,918
18-Jan-16 The Vanguard Group, Inc. BUY 13.82 Ordinary 51,750 51,750
19-Jan-16 The Vanguard Group, Inc. BUY 14.18 Ordinary 249 249
20-Jan-16 The Vanguard Group, Inc. BUY 13.82 Ordinary 16,570 16,570
20-Jan-16 The Vanguard Group, Inc. BUY 13.88 Ordinary 6,222 6,222
21-Jan-16 The Vanguard Group, Inc. BUY 14.16 Ordinary 6,708 6,708
21-Jan-16 The Vanguard Group, Inc. BUY 14.16 Ordinary 1,821 1,821
21-Jan-16 The Vanguard Group, Inc. SELL 14.16 Ordinary (3, 294) (3, 294)
21-Jan-16 The Vanguard Group, Inc. SELL 14.16 Ordinary (5, 270) (5, 270)
22-Jan-16 The Vanguard Group, Inc. SELL 14.21 Ordinary (16, 883) (16, 883)
25-Jan-16 The Vanguard Group, Inc. BUY 14.42 Ordinary 143 143
27-Jan-16 The Vanguard Group, Inc. BUY 13.90 Ordinary 572 572
28-Jan-16 The Vanguard Group, Inc. BUY 14.03 Ordinary 49,363 49,363
29-Jan-16 The Vanguard Group, Inc. SELL 14.22 Ordinary (26, 245) (26, 245)
29-Jan-16 The Vanguard Group, Inc. BUY 14.22 Ordinary 153 153
1-Feb-16 The Vanguard Group, Inc. BUY 13.74 Ordinary 2,002 2,002
2-Feb-16 The Vanguard Group, Inc. SELL 13.06 Ordinary (2,790) (2,790)
4-Feb-16 The Vanguard Group, Inc. BUY 13.17 Ordinary 123,167 123,167
4-Feb-16 The Vanguard Group, Inc. SELL 13.17 Ordinary (123, 167) (123, 167)
8-Feb-16 The Vanguard Group, Inc. BUY 13.14 Ordinary 339 339
10-Feb-16 The Vanguard Group, Inc. SELL 12.72 Ordinary (3,035) (3,035)
10-Feb-16 The Vanguard Group, Inc. SELL 12.72 Ordinary (2,480) (2,480)
10-Feb-16 The Vanguard Group, Inc. BUY 12.69 Ordinary 339 339
11-Feb-16 The Vanguard Group, Inc. SELL 12.68 Ordinary (6, 677) (6, 677)
12-Feb-16 The Vanguard Group, Inc. BUY 12.77 Ordinary 3,096 3,096
12-Feb-16 The Vanguard Group, Inc. BUY 12.55 Ordinary 2,779 2,779
16-Feb-16 The Vanguard Group, Inc. BUY 13.37 Ordinary 272 272
18-Feb-16 The Vanguard Group, Inc. BUY 13.75 Ordinary 52,746 52,746
18-Feb-16 The Vanguard Group, Inc. BUY 13.70 Ordinary 1,144 1,144

Annexure A

Consideration Number of
Person whose relevant interest given in relation to securities
affected
Person's votes
affected
Date of change
18-Feb-16
changed
The Vanguard Group, Inc.
Nature of Change(6)
SELL
change(7) Class 13.70 Ordinary (1, 214) (1,214)
19-Feb-16 The Vanguard Group, Inc. SELL 14.03 Ordinary (2, 170) (2, 170)
19-Feb-16 The Vanguard Group, Inc. BUY 14.00 Ordinary 4,252 4,252
22-Feb-16 The Vanguard Group, Inc. BUY 13.94 Ordinary 6,708 6,708
22-Feb-16 The Vanguard Group, Inc. BUY 13.84 Ordinary 120 120
23-Feb-16 The Vanguard Group, Inc. BUY 13.95 Ordinary 5,463 5,463
23-Feb-16 The Vanguard Group, Inc. BUY 14.00 Ordinary 339 339
24-Feb-16 The Vanguard Group, Inc. BUY 13.94 Ordinary 1,144 1,144
25-Feb-16 The Vanguard Group, Inc. BUY 14.30 Ordinary 804 804
29-Feb-16 The Vanguard Group, Inc. BUY 14.25 Ordinary 7,554 7,554
29-Feb-16 The Vanguard Group, Inc. SELL 14.29 Ordinary (17, 138) (17,138)
29-Feb-16 The Vanguard Group, Inc. SELL 14.25 Ordinary (4,665) (4,665)
1-Mar-16 The Vanguard Group, Inc. BUY
BUY
14.57 Ordinary 3,612
179
3,612
179
1-Mar-16
2-Mar-16
The Vanguard Group, Inc.
The Vanguard Group, Inc.
BUY 14.31
14.16
Ordinary
Ordinary
2,456 2,456
4-Mar-16 The Vanguard Group, Inc. BUY 14.75 Ordinary 715 715
4-Mar-16 The Vanguard Group, Inc. BUY 14.75 Ordinary 1,548 1,548
4-Mar-16 The Vanguard Group, Inc. BUY 14.70 Ordinary 249 249
7-Mar-16 The Vanguard Group, Inc. BUY 15.44 Ordinary 2,580 2,580
7-Mar-16 The Vanguard Group, Inc. SELL 15.36 Ordinary (7,095) (7,095)
7-Mar-16 The Vanguard Group, Inc. BUY 15.36 Ordinary 7,095 7,095
8-Mar-16 The Vanguard Group, Inc. BUY 15.50 Ordinary 1,716 1,716
8-Mar-16 The Vanguard Group, Inc. BUY 15.58 Ordinary 161 161
8-Mar-16 The Vanguard Group, Inc. SELL
BUY
15.50
15.58
Ordinary (1, 464)
393
(1, 464)
393
8-Mar-16
8-Mar-16
The Vanguard Group, Inc.
The Vanguard Group, Inc.
BUY 15.58 Ordinary
Ordinary
1,464 1,464
9-Mar-16 The Vanguard Group, Inc. BUY 15.79 Ordinary 9,288 9,288
10-Mar-16 The Vanguard Group, Inc. BUY 15.77 Ordinary 19,608 19,608
10-Mar-16 The Vanguard Group, Inc. SELL 15.77 Ordinary (17, 934) (17, 934)
11-Mar-16 The Vanguard Group, Inc. BUY 15.85 Ordinary 268 268
11-Mar-16 The Vanguard Group, Inc. BUY 15.73 Ordinary 754 754
11-Mar-16 The Vanguard Group, Inc. SELL 15.73 Ordinary (13, 947) (13, 947)
16-Mar-16 The Vanguard Group, Inc. BUY
BUY
15.53
15.49
Ordinary 2,002
1,548
2,002
1,548
17-Mar-16
17-Mar-16
The Vanguard Group, Inc.
The Vanguard Group, Inc.
SELL 15.45 Ordinary
Ordinary
(45.251) (45, 251)
18-Mar-16 The Vanguard Group, Inc. SELL 15.93 Ordinary (25, 909) (25, 909)
18-Mar-16 The Vanguard Group, Inc. SELL 15.93 Ordinary (90) (90)
18-Mar-16 The Vanguard Group, Inc. SELL 15.93 Ordinary (247) (247)
18-Mar-16 The Vanguard Group, Inc. BUY 15.93 Ordinary 2,183 2,183
21-Mar-16 The Vanguard Group, Inc. BUY 16.00 Ordinary 114 114
21-Mar-16 The Vanguard Group, Inc. BUY 15.75 Ordinary 2,126 2,126
22-Mar-16 The Vanguard Group, inc. SELL 15.85 Ordinary (2,600) (2,600)
24-Mar-16 The Vanguard Group, Inc.
The Vanguard Group, Inc.
BUY
SELL
15.90
15.90
Ordinary
lOrdinarv
2,145
(2,080)
2,145
(2,080)
24-Mar-16
24-Mar-16
The Vanguard Group, Inc. BUY 15.81 Ordinary 2,425 2,425
29-Mar-16 The Vanguard Group, Inc. BUY 15.89 Ordinary 2,155 2,155
30-Mar-16 The Vanguard Group, Inc. SELL 15.66 Ordinary (2, 584) (2.584)
31-Mar-16 The Vanguard Group, Inc. BUY 15.37 Ordinary 647 647
1-Apr-16 The Vanguard Group, Inc. BUY 15.32 Ordinary 3,230 3,230
1-Apr-16 The Vanguard Group, Inc. BUY 15.21 Ordinary 3,668 3,668
1-Apr-16 The Vanguard Group, Inc. BUY 15.19 Ordinary 2,081 2,081
8-Dec-15 Vanguard Investments Australia Ltd. BUY 15.02 Ordinary 58,967 58,967
8-Dec-15 Vanguard Investments Australia Ltd. SELL
SELL
15.02 Ordinary (19,085) (19,085)
8-Dec-15
9-Dec-15
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
BUY 15.02
14.84
Ordinary
Ordinary
(58, 967)
16,430
(58, 967)
16,430
10-Dec-15 Vanguard Investments Australia Ltd. BUY 14.94 Ordinary 14,760 14,760
10-Dec-15 Vanguard Investments Australia Ltd. BUY 14.89 Ordinary 80,696 80,696
10-Dec-15 Vanguard Investments Australia Ltd. BUY 14.94 Ordinary 2,429 2,429
11-Dec-15 Vanguard Investments Australia Ltd. BUY 14.82 Ordinary 238,679 238,679
11-Dec-15 Vanguard Investments Australia Ltd. BUY 14.81 Ordinary 12,520 12,520
14-Dec-15 Vanguard Investments Australia Ltd. BUY 14.42 Ordinary 3,470 3,470
14-Dec-15 Vanguard Investments Australia Ltd. BUY 14.44 Ordinary 263,576 263,576
14-Dec-15 Vanguard Investments Australia Ltd. BUY 14.42 Ordinary 15,520 15,520
15-Dec-15
15-Dec-15
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
BUY
BUY
14.38
14.36
Ordinary
Ordinary
237,218
32,520
237,218
32,520
16-Dec-15 Vanguard Investments Australia Ltd. BUY 14.60 Ordinary 35,380 35,380
16-Dec-15 Vanguard Investments Australia Ltd. BUY 14.64 Ordinary 10,450 10,450
16-Dec-15 Vanguard Investments Australia Ltd. BUY 14.59 Ordinary 213,880 213,880

Annexure A

Consideration Number of
Person whose relevant interest given in relation to securities Person's votes
Date of change changed Nature of Change(6) change(7) Class affected affected
17-Dec-15 Vanguard Investments Australia Ltd. BUY 14.98 Ordinary 240,151 240,151
17-Dec-15 Vanguard Investments Australia Ltd. BUY 14.82 Ordinary 8,240 8,240
18-Dec-15 Vanguard Investments Australia Ltd. BUY 15.06 Ordinary 5,990 5,990
18-Dec-15 Vanguard investments Australia Ltd. BUY 14.99 Ordinary 324,168 324,168
21-Dec-15 Vanguard Investments Australia Ltd. BUY 15,08 Ordinary 175,541 175,541
21-Dec-15 Vanguard Investments Australia Ltd. BUY 15.05 Ordinary 9,208 9,208
BUY 15.14 Ordinary 7,266 7,266
22-Dec-15 Vanguard Investments Australia Ltd. 87,448
22-Dec-15 Vanguard Investments Australia Ltd. BUY 15.19 Ordinary 87,448
23-Dec-15 Vanguard Investments Australia Ltd. BUY 15.23 Ordinary 51,550 51,550
23-Dec-15 Vanguard Investments Australia Ltd. BUY 15,24 Ordinary 116,551 116,551
24-Dec-15 Vanguard Investments Australia Ltd. BUY 15.43 Ordinary 48,216 48,216
29-Dec-15 Vanguard Investments Australia Ltd. BUY 15.56 Ordinary 71,839 71,839
30-Dec-15 Vanguard Investments Australia Ltd. BUY 15.69 Ordinary 806,730 806,730
4-Jan-16 Vanguard Investments Australia Ltd. BUY 15.35 Ordinary 1,384 1,384
$7 - Jan-16$ Vanguard Investments Australia Ltd. BUY 14.04 Ordinary 2.076 2,076
7-Jan-16 Vanguard Investments Australia Ltd. BUY 14.04 Ordinary 6,792 6,792
11-Jan-16 Vanguard Investments Australia Ltd. BUY 14.04 Ordinary 1,730 1,730
11-Jan-16 Vanguard Investments Australia Ltd. BUY 14.04 Ordinary 4,498 4,498
12-Jan-16 Vanguard Investments Australia Ltd. BUY 13.88 Ordinary 6,810 6,810
14-Jan-16 Vanguard Investments Australia Ltd. BUY 13,88 Ordinary 3,410 3,410
15-Jan-16 Vanguard investments Australia Ltd. BUY 13.98 Ordinary 1,705 1,705
18-Jan-16 Vanguard Investments Australia Ltd. BUY 13.91 Ordinary 9,080 9,080
18-Jan-16 Vanguard Investments Australia Ltd. SELL 13.91 Ordinary (197) (197)
20-Jan-16 Vanguard Investments Australia Ltd. BUY 14.21 Ordinary 28,340 28,340
21-Jan-16 Vanguard Investments Australia Ltd. BUY 14.05 Ordinary 51,720 51,720
22-Jan-16 Vanguard Investments Australia Ltd. SELL 14.21 Ordinary (13, 981) (13, 981)
27-Jan-16 Vanguard Investments Australia Ltd. BUY 13.95 Ordinary 10,490 10,490
28-Jan-16 Vanguard Investments Australia Ltd. BUY 13.86 Ordinary 52,670 52,670
28-Jan-16 Vanguard Investments Australia Ltd. BUY 13.86 Ordinary 15,650 15,650
29-Jan-16 Vanguard Investments Australia Ltd. BUY 14.22 Ordinary 24,420 24,420
29-Jan-16 Vanguard Investments Australia Ltd. BUY 14.22 Ordinary 3,410 3,410
1-Feb-16 Vanguard Investments Australia Ltd. BUY 13.72 Ordinary 11,350 11,350
3-Feb-16 Vanguard Investments Australia Ltd. BUY 12.50 Ordinary 21,320 21,320
4-Feb-16 Vanguard Investments Australia Ltd. BUY 13.17 Ordinary 25,340 25,340
5-Feb-16 Vanguard Investments Australia Ltd. BUY 13.01 Ordinary 7,740 7,740
8-Feb-16 Vanguard Investments Australia Ltd. BUY 13.14 Ordinary 13,170 13,170
9-Feb-16 Vanguard Investments Australia Ltd. BUY 13.00 Ordinary 2,728 2,728
9-Feb-16 Vanguard Investments Australia Ltd. BUY 13.00 Ordinary 3,751 3,751
9-Feb-16 Vanguard Investments Australia Ltd. BUY 13.00 Ordinary 30,730 30,730
10-Feb-16 Vanguard Investments Australia Ltd. BUY 12.69 Ordinary 32,450 32,450
11-Feb-16 Vanguard Investments Australia Ltd. BUY 12.81 Ordinary 21,020 21,020
15-Feb-16 Vanguard Investments Australia Ltd. BUY 13.07 Ordinary 3,652 3.652
15-Feb-16 Vanguard Investments Australia Ltd. BUY 13.07 Ordinary 25,880 25,880
17-Feb-16 Vanguard Investments Australia Ltd. BUY 13.31 Ordinary 5,620 5.620
18-Feb-16 Vanguard Investments Australia Ltd. BUY 13.77 Ordinary 510,846 510,846
23-Feb-16 Vanguard Investments Australia Ltd. BUY 14.00 Ordinary 14,300 14,300
24-Feb-16 Vanguard Investments Australia Ltd. BUY 13.84 Ordinary 10,540 10,540
29-Feb-16 Vanguard Investments Australia Ltd. BUY 14.25 Ordinary 3,270 3,270
29-Feb-16 Vanguard Investments Australia Ltd. SELL 14.25 Ordinary (8, 511) (8,511)
2-Mar-16 Vanguard Investments Australia Ltd. BUY 14.16 Ordinary 9,236 9,236
8-Mar-16 Vanguard Investments Australia Ltd. BUY 15,58 Ordinary 704,172 704,172
8-Mar-16 Vanguard Investments Australia Ltd. BUY 15.58 Ordinary 287,216 287,216
11-Mar-16 Vanguard Investments Australia Ltd. BUY 15.73 Ordinary 3,105 3,105
18-Mar-16 Vanguard Investments Australia Ltd. BUY 15,93 Ordinary 19,430 19,430
18-Mar-16 Vanguard Investments Australia Ltd. BUY 15.93 Ordinary 10,970 10,970
18-Mar-16 Vanguard Investments Australia Ltd. BUY 15.93 Ordinary 17,670 17,670
30-Mar-16 Vanguard Investments Australia Ltd. BUY 15.61 Ordinary 24,424 24,424
30-Mar-16 Vanguard Investments Australia Ltd. BUY 15.61 Ordinary 6,942 6,942
30-Mar-16 Vanguard Investments Australia Ltd. BUY 15.61 Ordinary 4,786 4,786
31-Mar-16 Vanguard Investments Australia Ltd. SELL 15.37 Ordinary (1,890) (1,890)
1-Apr-16 Vanguard Investments Australia Ltd. BUY 15.19 Ordinary 2,752 2,752

This is Annexure A of 3 pages referred to in Form 603, Notice of initial substantial holder.

SIgnature Michalas P. Mould (A

Date

5-Apr-2016