PEET LIMITED — M&A Activity 2013

May 16, 2013

Enriching lives since 1895 Perth Asset Manager Level 7, 200 St Georges Terrace, Perth WA 6000 Land Syndicator PO Box 7224 Cloisters Square WA 6850 Fund Manager Telephone (08) 9420 1111 | Facsimile (08) 9481 4712 www.peet.com.au Email perth@peet.com.au

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17 May 2013

Announcements Platform Australian Securities Exchange Level 8, Exchange Plaza 2 The Esplanade Perth WA 6000

Dear Sir/Madam

PEET LIMITED - TAKEOVER BID FOR CIC AUSTRALIA LIMITED – NOTICE OF STATUS OF CONDITIONS

In accordance with section 630(3) of the Corporations Act, please find attached a notice of status of conditions.

This document relates to Peet Limited’s (ABN 56 008 665 834) Bidder’s Statement dated 11 April 2013 (as supplemented)[1] for all of the shares in CIC Australia Limited.

A copy of the attached notice has been given to CIC Australia Limited today.

Yours faithfully

PEET LIMITED

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DOM SCAFETTA GROUP COMPANY SECRETARY

1 The Bidder’s Statement is supplemented by and should be read together with the First Supplementary Bidder’s Statement dated 9 May 2013. This document is available at www.asx.com.au.

Perth | Melbourne | Brisbane

Peet Limited | ACN 008 665 834

PEET LIMITED (ABN 56 008 665 834) (“BIDDER”) NOTICE OF STATUS OF CONDITIONS

TO:

CIC Australia Limited (“ CIC

AND TO: ASX Limited

In relation to the offer (“ Offer ”) made pursuant to the Bidder’s Statement dated 11 April 2013 (“ Bidder’s Statement ”) (as supplemented)[1] by Peet limited (ABN 56 008 665 834) (“ Bidder ”), the Bidder gives notice pursuant to section 630(3) of the Corporations Act 2001 that the Offer and any takeover contract arising from acceptance of the Offer became unconditional on 17 May 2013, and as at the date of this notice:

• (a) as stated in various Notices to free Offer from Conditions under section 650F of the Corporations Act 2001 dated 13 May 2013 and 17 May 2013, the Offer and any contract arising from acceptance of such Offer is free from each of the conditions in paragraphs (b) (no Material Adverse Change), (d) (no distributions by CIC), (e) (Banks’ waivers), (f) (CIC’s Financial Arrangements), (g) (no material acquisitions, disposals or new commitments), (h) (no persons exercising rights under certain arrangements or instruments), (i) (no restraining orders), (j) (no Prescribed Occurrences), (k) (no Joint Venture Prescribed Occurrences), and (l) (CBA Facility) of section 10 of the Bidder’s Statement;

• (b) as stated in various Notices of Fulfilment of Conditions under section 630(4) of the Corporations Act 2001 dated 7 May 2013 and 17 May 2013 each of the conditions in paragraphs (a) (minimum acceptance) and (c) (Placement Agreement not terminated) of section 10 of the Bidder’s Statement had previously been fulfilled;

• (c) the Bidder’s voting power in CIC is 83.15% comprising 104,594,171 shares out of 125,791,118 shares presently on issue.

Unless the context requires otherwise, defined terms in the Bidder’s Statement have the same meaning in this notice.

This notice is dated 17 May 2013.

Signed on behalf of Peet Limited.

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DOM SCAFETTA GROUP COMPANY SECRETARY

1 The Bidder’s Statement is supplemented by and should be read together with the First Supplementary Bidder’s Statement dated 9 May 2013. This document is available at www.asx.com.au.