PEET LIMITED — Major Shareholding Notification 2018

Jul 22, 2018

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/ Scheme	PEET LIMITED
ACN/ARSN	008 665 834
1. Details of substantial holder (1)Name	L1 Capital Pty Ltd
ACN/ ARSN (if applicable)	21 125 378 145
There was a change in the interests of the substantial holder on		20/07/2018
The previous notice was given to the company on		17/08/2017
The previous notice was dated		17/08/2017

2. Previous and present voting power

are recover and present coming pouchThe 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) hada relevant interest (3)

	Number of securities		Person's votes (5)
Class of securities (4)	Person's votes	Voting power (5)	Person's votes	Voting power (5)
FPO	33.509.567	6.84%	28,058,347	5.73%

*Based on issued capital of 489,980,559 shares

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 ofchange	Person whose relevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person'svotesaffected
		Disposal of 5,451,220shares		5,451,220	5,451,220
20/07/2018	L1 Capital Pty Ltd

4. Present relevant interests

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

Holder ofrelevantinterest	Registered Holder of securities	Person entitled to beregistered as holder (8)	Nature of relevant interest	Class and number ofsecurities	Person's vote!
SeeSchedule 1

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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
IN/A

6. Addresses

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

Name	Address
Capital Pty Ltd	Level 28, 101 Collins Street, Melbourne, VIC, 3000

Signature

Print name	Raphael Lamm.	Capacity	Director
Sign here		Date	23/08/2018

DIRECTIONS

• 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 anequity trust), the names could be included in an ann $(1)$ 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 6 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 sections 608 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 person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(6)$ 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.

$(7)$

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 entitied 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.

$(8)$ 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".

$(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Schedule 1 - L1 Capital Pty Ltd change in substantial holding for PEET LIMITEDDetails of relevant interests

restder of relevant in	Nature of relevant interest	Class and number of securities
Capital Pry Li	Power to (or to control) exercise vote and/or	Fully paid ordinary shares	28,058,347
	dispose of the securities as discretionary investment
	managers or advisers of superannuation funds,
	pooled superannuation trusts, managed investment
	schemes and investment management agreements.

Details of present registered holders

Holder of relevant interest	Registered holder of securities	Persons entitled to be a registered holder Class and number of	securities
L1 Capital Pty Ltd	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd	1,731,427 FPO
L1 Capital Pty Ltd	National Nominees Ltd	National Nominees Ltd	4,463,096 FPO
1 Capital Pty Ltd	State Street Australia Limited	State Street Australia Limited	1,096,777 FPO
-1 Capital Pty Ltd	Credit Suisse	Credit Suisse	15,124,742 FPO
L1 Capital Pty Ltd	Citigroup Nominees	Citigroup Nominees	4,199,680 FPO
L1 Capital Pty Ltd	Northern Trust	Northern Trust	1,442,625 FPO
			28,058,347