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: 27/03/2019

NO. OF PAGES (Including this page) 6

Dear Manager

RE:

PEET LIMITED - Form 605

We attach our notice of ceasing to be a substantial holder (Form 605) 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,

INVelly

$\bar{\mathbf{x}}$

lan Kelly Company Secretary Ellerston Capital Limited

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a 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
The holder ceased to be a substantial on		25/03/2019
The previous notice was given to the company on		19/03/2019

The previous notice was given to the company on The previous notice was dated

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 relevantlinterest changed	Nature of change(4)	Consideration given inrelation to change (5)	Class (6) andInumber ofsecurities affected	Person's votesaffected
See Annexure A	See Annexure A	See Annexure A	See Annexure A	See Annexure A	See Annexure A

19/03/2019

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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

4. Addresses

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

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

Signature

print name		capacity	Company Secretary
sign here		date	27/03/2019

PEET LIMITED ACN 008 665 834

This is Annexure A of 1 pages referred to in Form 605 Notice of ceasing to be a substantial holder.

Signature

print name

sign here

IAN KELLYMikelly

date 27/03/2019

Company Secretary

capacity

	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
25/03/2019	Primary Person	Sell	$295,330.00	308,417 Securities	308,417
22/03/2019	Primary Person	Buy	$17,814.00	18,520 Securities	18,520
21/03/2019	Primary Person	Sell	$1,202,722.00	1,259,380 Securities	1,259,380
20/03/2019	Primary Person	Buy	$29,781.00	31,126 Securities	31,126