PEET LIMITED — Major Shareholding Notification 2017

Mar 14, 2017

Ellerston Capital Limited ABN 34 110 397 674 AFSL No. 283 000

Level 11, 179 Elizabeth Street Sydney NSW 2000 Phone +612 9021 7797 Fax +612 9261 0528 www.ellerstoncapital.com

TO:	The Manager, Company Announcements, ASX
FAX No:
FROM:	Ellerston Capital Limited
DATE:	15/03/2017
	8NO. OF PAGES (Including this page)
Dear Manager
RE:	PEET LIMITED - Form 604

We attach our notice of a change in substantial holding (Form 604) in respect of PEET LIMITED.

We note that the shares reported in this Form are owned by third party accounts under the discretionary investment management of Ellerston Capital Limited.

None of Ellerston Capital Limited, nor any of its shareholders or any of their associates hold a direct interest in any shares disclosed in this Form.

Yours sincerely,

INWally

lan Kelly Company Secretary Ellerston Capital Limited

Form 604 Corporations Act 2001Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	PEET LIMITED
ACN/ARSN/ARBN	ACN 008 665 834
1. Details of substantial holder (1)
Name	Ellerston Capital Limited (Primary Person), and its associates being those persons listed in Annexure B
ACN/ARSN (if applicable)	ACN 110 397 674
There was a change in the interests of thesubstantial holder on		14/03/2017
The previous notice was given to the company on		25/01/2017
The previous notice was dated		25/01/2017

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

		Previous Notice	Present Notice
Class of securities (4)	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Securities	39,537,437	8.07%	34,062,503	6.95%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 relevantinterest changed	Nature of change(6)	Consideration givenin relation to change	Class and number of securitiesaffected	Person's votes affected
See Annexure A	See Annexure A	See Annexure A	See Annexure A	See Annexure A	See Annexure A

Note, all transactions took place on a prescribed financial market (ASX or ChiX)

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest	Registered holder ofSecurities	Person entitled tobe registered asholder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
Primary Person	HSBC CustodyNominees (Australia)Limited	HSBC CustodyNominees(Australia) Limited	In respect of 34,062,503 Securitiesshares held by HSBC Custody Nominees(Australia) Limited as nominee unders608(1)(b) and (c) by having the power tocontrol voting and disposal.	34,062,503Securities	6.95%

5. 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
IN/A

6. Addresses

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

Name	Address
See annexures	The Substantial Shareholder - c/- Level 11, 179 Elizabeth Street, Sydney, NSW, 2000
	The entities listed in Annexure B - c/- Level 11, 179 Elizabeth Street, Sydney, NSW, 2000
IPEET LIMITED	Level 7, 200 St George's Terrace, PERTH, WA, 6000

Signature

$\mathcal{L}{\mathcal{A}}$ , $\mathcal{L}{\mathcal{A}}$

date	15/03/2017

$\mathcal{L}{\text{max}}$ , $\mathcal{L}{\text{max}}$

PEET LIMITED ACN 008 665 834

This is Annexure A of 2 pages referred to in Form Form 604 - Notice of initial substantial holder.

Company Secretary

15/03/2017

date

Signature

print name

TAN KELLYJUHelly capacity

sign here

Date of Change	Person whose relevantinterest changed		Natures of change (4) relation to change (5) securities affected	Consideration give in $ Class (6)$ and number of	Persons's votesaffected
14/03/2017	Primary Person	Sell	$4,095,829.00	3,792,621 Securities	3,792,621
10/03/2017	Primary Person	Sell	$3,079,151.00	2,877,710 Securities	2,877,710
09/03/2017	Primary Person	Buy	$232,953.00	220,810 Securities	220,810
07/03/2017	Primary Person	Buy	$24,660.00	23,280 Securities	23,280
06/03/2017	Primary Person	Buy	$7,224.00	6,597 Securities	6,597
03/03/2017	Primary Person	Buy	$674.00	610 Securities	610
02/03/2017	Primary Person	Buy	$24,778.00	22,407 Securities	22,407
28/02/2017	Primary Person	Buy	$1,673.00	1,530 Securities	1,530
27/02/2017	Primary Person	Buy	$378,341.00	358,450 Securities	358,450
24/02/2017	Primary Person	Buy	$36,288.00	34,504 Securities	34,504
23/02/2017	Primary Person	Buy	$4,357.00	4,195 Securities	4,195
22/02/2017	Primary Person	Buy	$7,616.00	7,372 Securities	7,372
21/02/2017	Primary Person	Buy	$43,773.00	42,326 Securities	42,326
20/02/2017	Primary Person	Buy	$11,191.00	10,849 Securities	10,849
17/02/2017	Primary Person	Buy	$16,934.00	16,626 Securities	16,626
16/02/2017	Primary Person	Buy	$28,703.00	28,093 Securities	28,093
15/02/2017	Primary Person	Buy	$34,635.00	33,860 Securities	33,860
14/02/2017	Primary Person	Buy	$191,425.00	185,850 Securities	185,850
09/02/2017	Primary Person	Buy	$72,471.00	71,050 Securities	71,050
08/02/2017	Primary Person	Buy	$6,423.00	6,237 Securities	6,237
07/02/2017	Primary Person	Buy	$5,701.00	5,537 Securities	5,537
06/02/2017	Primary Person	Buy	$25,436.00	24,705 Securities	24,705
03/02/2017	Primary Person	Buy	$4,808.00	4,699 Securities	4,699
02/02/2017	Primary Person	Buy	$12,477.00	12,127 Securities	12,127
01/02/2017	Primary Person	Buy	$69.00	67 Securities	67
31/01/2017	Primary Person	Buy	$32,735.00	32,141 Securities	32,141

	Person whose relevant			Consideration give in Class (6) and number of	Persons's votes
Date of Change	interest changed	Natures of change (4) relation to change (5) securities affected			affected
27/01/2017	Primary Person	Buv	$922.00	913 Securities	913
24/01/2017	Primary Person	Buv	$375.00	384 Securities	384

$\label{eq:1} \mathbf{X}^{(i)} = \mathbf{X}^{(i)}$

PEET LIMITED ACN 008 665 834

This is Annexure B of 3 pages referred to in Form Form 604 - Notice of initial substantial holder.

Signature

print name		capacity	Company Secretary
sign here	- 7	date	15/03/2017

The following entities represent the Passive Substantial Holders. Each is a related body corporate of the Principal Person or a person that controls a related body corporate ofthe Principal Person and so an associate of t

PARTY/ENTITY NAME	AUSTRALIANCOMPANY NO.
Aidem Holdings Pty Limited	161 624 399
Arctic Asia GP general partner of the Arctic Asia
Opportunities Fund, L.P.
Arctic Capital Ltd
Arctic LES (Ireland) Limited
Arctic LES (Luxembourg) Sarl
Australian Financial Times Pty Ltd	003 993 682
Australian Fluorine Chemicals Pty Ltd	000 333 684
Bareage Pty Ltd	060 526 865
Cairnton Pty Ltd	001 735 075
Cairnton Holdings Limited	008 394 134
Captwo Pty Ltd	091 030 929
Casthree Pty Ltd	084 494 619
Castwo Pty Ltd	084 494 520
Catone Pty Ltd	091 030 910
Cavalane Holdings Pty Ltd	080 695 754
CBG Holding Company Pty Limited	163 161 420
Chermon Pty Ltd	123 039 305
Conpress (Hong Kong) Ltd
Conpress (Malaysia) Sdn Bhd
Conpress Cayman, LDC
Conpress Cayman II, LDC
Conpress Cayman III, LDC
Conpress Christchurch Pty Ltd
Conpress Finance BV
Conpress Holdings Pty Ltd	088 047 974
Conpress International Finance
Conpress International (Netherlands Antilles) NV
Conpress International (Netherlands Antilles) II NV
Conpress Mauritius Limited
Conpress Securities Pty Limited	160 602 853
Consolidated Custodians International Ltd
Consolidated Custodians Pty Ltd	008 394 492
Consolidated Gaming Pty Ltd	071 513 409
Consolidated Press Entertainment Pty Ltd	070 506 606
Consolidated Press (Finance) Ltd	001 557 035
Consolidated Press Financial Services Pty Ltd	008 457 869
Consolidated Press (Finance) III Pty Ltd	604 881 030
Consolidated Press Holdings Pty Ltd	008 394 509
Consolidated Press International Limited
Consolidated Press International Holdings Limited
Consolidated Press Investments Pty Ltd	000 089 118
Consolidated Press Property Pty Ltd	004 160 703
CPH Crown Holdings Pty Limited	603 296 804
CPH Crown Holdings II Pty Limited	608 867 036
Consolidated Press (Finance) II Pty Limited	603 295 834
Consolidated Press (Finance) LLC (USA)
Cairnton Holdings Bahamas Limited (Bahamas)
CP International Investments Ltd
CP International Management Services Limited
CP International Resources Ltd
CP International Securities Ltd
CPH Barbuda Holdings Limited (Bahamas)
CPH Capital Pty Ltd	096 130 899
CPH Direct Investments Pty Ltd	122 328 652
CPH Gaming I Pty Limited	603 295 674
CPH Gaming II Pty Limited	603 295 923

PARTY/ENTITY NAME	AUSTRALIANCOMPANY NO.
CPH Gaming III Pty Limited	603 296 162
CPH Gaming IVA Pty Limited	603 296 537
CPH Gaming IVB Pty Limited	603 296 546
CPH Investments Management Pty Limited	092 008 172
CPH Products Pty Limited	106 918 638
CPH Property Pty Limited	000 031 747
CPH Snow Investments Pty Limited	163 335 724
CPH WA Investment Co Pty Limited	129 011 534
DCE America Inc.
ECS Investment Partners Pty Ltd	166 264 375
Ellerstina Inversiones (Malaysia) Sdn Bhd
Ellerstina Inversiones SA
Ellerston Asian Emerging Opportunities Fund
Ellerston Australian Ex-Top 20 Fund
Ellerston Australian Small Companies Fund
Ellerston Australian Share Fund
Ellerston Australian Market Neutral Fund
Ellerston Capital Limited	110 397 674
Ellerston Capital (Europe) Limited
Ellerston Capital (Hong Kong) Limited
Ellerston Capital (Resources No.1) Limited
Ellerston Global Equity Managers Offshore Fund
Ellerston Global Equity Managers Fund
Ellerston Wholesale Global Investments Fund
Ellerston Leisure Pty Limited	608 785 753
Ellerston Onassis Polo Pty Limited	608 392 436
Ellerston Opportunities Pty Ltd	150 851 666
Ellerston Overlay ASF
Ellerston Pty Ltd	123 039 341
Ellerston Special Opportunities Platform
Engine Room Management Pty Limited	094 993 585
Engine Room Music Pty Ltd	088 993 104
Holiwest Pty Ltd	082 627 898
Hoyts Cinemas America Limited
Hoyts Cinemas Argentina Limited
Hoyts Cinemas Chile Limited
Hoyts Cinemas Germany GmbH
Hoyts Cinemas Germany Operations GmbH
Hoyts Cinemas Operations Pty Ltd	006 530 347
Hoyts Cinemas Overseas Holdings Sdn Bhd
Hoyts Cinemas (South America) Holdings Limited
Hoyts Cinemas (Wood Green) Limited
Hoyts Emerging Territories Ltd
Hoyts Overseas Operations Sdn Bhd
HUSH Holding Company Inc
HUSH Holding Subsidiary Inc
HUSH Holdings US Inc
Hyde Park Gardens (Jersey) LimitedJadeite Phoenix Pty Limited	164 098 113
	065 059 458
Jaslib Pty LtdJasopt Pty Ltd	065 064 164
Jersey Boys LLC
KPE Multiplexthreatre GmbH & Co KG
Lenvoka Pty Limited	003 274 628
Lutrust Pty Limited	088 937 428
Magenta Investments Ltd
Murray Leisure Group Pty Limited	000 090 273
Murray Publishers Pty Limited	000 067 998
Nicarby Pty Ltd	086 715 362
Northeast Cinemas, L.L.C.
Northeast Cinemas (Connecticut) L.L.C.
Northeast Cinemas (Maryland) L.L.C.
Northkom Pty Ltd	082 885 961
Northkom I Pty Limited	604 022 899
Northkom Bahamas Limited (Bahamas)
Nova One Limited
Nova Two Limited
Park Street Partners Cayman II Limited
Park Street SPV 1 (Cayman) Limited
Perisher Blue Pty Ltd	061 232 488
Perisher Snow Holidays Pty Limited	139 766 993
Raystonel Pty Limited	123 039 270
RatPac Entertainment II, LLC
RatPac Entertainment, LLC
Ratpac Development LLC

PARTY/ENTITY NAME	AUSTRALIANCOMPANY NO.
Ratpac Documentary Films LLC
Ratpac Entertainment LLC
Ratpac Film Fund LLC
Ratpac Holding LLC
Ratpac Press LLC
Ratpac Productions LLC
Revlake Pty Limited	051 765 818
Ridgegate Pty Limited	058 139 923
Rosgrove Pty Limited	051 649 560
S. One Holding Company Pty Limited	601 640 215
Samenic Limited	066 234 900
Savabow Pty Ltd	084 712 774
SBC Burlington Corp
ScrumPac Pty Ltd	602 375 253
Silthree Pty Ltd	084 494 575
Siltwo Pty Ltd	084 494 495
Silver City Cinemas, Inc.
Silver City Holdings, Inc.
Sonomaco Pty Ltd	169 386 421
Sandpiper Bahamas Limited (Bahamian)
Taringah Pty Ltd	105 268 862
Toranaga Pty Ltd	056 229 728
Toray Pty Ltd	002 348 503
Treysta Pty Ltd	078 467 080
Wilbur Holdings Limited
Wilbur One Limited
Wakefield Bahamas Limited
Water Diviner LLC
Western Empire Publications Ltd
Wooltech Pty Limited	010 717 441

$\label{eq:2.1} \mathcal{L} = \mathcal{L} \left( \mathcal{L} \right) \left( \mathcal{L} \right) \left( \mathcal{L} \right)$