PEET LIMITED — Major Shareholding Notification 2017

Mar 13, 2017

Level 2, 5 Martin Place Sydney NSW 2000 Australia

ABN 88 140 833 656 AFSL 385329

14 March 2017

The Manager Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of initial substantial holder ~ Peet Limited (PPC)

We enclose notice of initial substantial holder in Peet Limited. This notice is given by NovaPort Capital Pty Limited.

Yours faithfully

Andrew Brown Company Secretary

attach

Form 603

Corporations Act 2001

Notice of initial substantial holder Section 671B

To CompanyName/Scheme	Peet Limited
ACN/ARSN	008 665 834
1. Details of substantial holder (1)Name	NovaPort Capital Pty Ltd
ACN/ARSN (if applicable)	140 833 656

The holder became a substantial holder on

10/03/2017

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 becamea substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Fully Paid	Same as persons votes	24,993,946	5.10%

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
NovaPort Capital Pty Ltd	Ordinary Fully Paid securitiespurchased on market by NovaPortCapital Pty Ltd	Refer Annexure 1

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 relevant interest	Registered holder of securities	Person entitled to be registered asholder (8)	Class and number ofsecurities
NovaPort Capital Pty Ltd	BNP Paribas Nominees PtyLimited	BNP Paribas Nominees Pty Limited	10,075,122 (Ordinary FullyPaid)
NovaPort Capital Pty Ltd	Citicorp Nominees PtyLimited	Citicorp Nominees Pty Limited	7,239,322 (Ordinary FullyPaid)
NovaPort Capital Pty Ltd	J P Morgan NomineesAustralia Limited	J P Morgan Nominees AustraliaLimited	6,751,725 (Ordinary FullyPaid)
NovaPort Capital Pty Ltd	National Nominees Limited	National Nominees Limited	927,777 (Ordinary FullyPaid)

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 ofsecurities
		Cash	Non-cash
NovaPort Capital Pty Ltd	Refer	Refer		Refer
	Annexure 1	Annexure 1		Annexure 1

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
NovaPort Capital Pty Ltd	Level 2, 5 Martin Place, Sydney NSW 2000

Signature

print name	Andrew Brown	capacity	Company Secretary
sign here		date	14/03/2017

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 7 of the form.

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

(3) See the definition of "relevant interest" in section s608 and 671B(7) of the Corporations Act 2001.

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

(5) The total number of votes attached to all the voting shares in the company or voting interests in thescheme (if any) that the person or an associate has a relevant interest in.

(6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(7) Include details of:

(a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

(8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

(9) 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.

Annexure 1 consists of 1 page and is referred to in Form 603 signed by me and dated 14/03/2017

[Insert Signature Here]

Andrew Brown Company Secretary of NovaPort Capital Pty Ltd

Transactions: Company Name/Scheme: Peet Limited (PPC) As at: 10/03/2017 Class of security: Ordinary Fully Paid

	Holder of relevant			Number of	Person's Votes
Date of Change	interest	Nature of Change	Consideration	Securities	Affected
	09/11/2016 NovaPort Capital Pty Ltd	Opening balance		23,307,514	23,307,514
10/03/2017 as above		Buy	806,244.55	754,275	754,275
10/03/2017 as above		Buy	151,151.01	141,408	141,408
10/03/2017 as above		Buy	587,135.01	549,289	549,289
10/03/2017 as above		Buy	258,096.59	241,460	241,460

Total Number of Securities 24,993,946