REECE LIMITED — Director's Dealing 2018

Jun 4, 2018

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001. Amended 1/1/2011.

Name of entity	Reece Limited
ABN	490 043 131 33

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Bruce Campbell Wilson
Date of last notice	9 September 2016

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct:Relevant interests directly held Indirect:Relevant interests held because of the operation of_Corporations Act 2001_ section 608(3)(a): Total:	110,000 16,801,800 16,911,800
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Relevant interest deemed under section 608(3)(a) of the Corporations Act 2002(Cth) (Act) due to director's interests in the following registered holders: • JGW Investments Pty Ltd
Date of change	30 May2018
No. of securities held prior to change	Direct:Relevant interests directly held Indirect:Relevant interests held because of the operation of_Corporations Act 2001_ section 608(3)(a): Total:	60,000 16,801,800 16,911,800
Class	Ordinaryshares
Number acquired	50,000 shares in the Company acquired pursuant to the sub- underwriting agreement entered in relation to the entitlement offer announced by the Company on7May2018.
Number disposed	0

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	50,000 shares at $9.30 per share.
No. of securities held after change	Direct:Relevant interests directly held Indirect:Relevant interests held because of the operation of_Corporations Act 2001_ section 608(3)(a): Total:	110,000 16,801,800 16,911,800
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Acquisition of shares pursuant to the sub-underwriting agreement entered in relation to the entitlement offer announced by the Company on 7 May 2018. Other than the 50,000 shares in the Company referred to above, no other new relevant interest in shares has been acquired or disposed since the director’s previous interest notice. A review of the Wilson family’s interests in the Company identified that the director arguably has a relevant interest under section 608(3)(a) of Act in the shares in the company held by JGW Investment Pty Ltd. While the director has no practical control over the shares in the Company held by JGW Investments Pty Ltd, based on a strict reading of section 608(3)(a) of Act, and in the interests of transparency, the relevant interest in those shares has now been included in this form. The shares in the company held by JGW Investments Pty Ltd have at all times been included in the substantial shareholder disclosure produced by JohnWilson.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

1/1/2011

Appendix 3Y Change of Director’s Interest Notice

N/A Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation N/A Interest after change

Part 3 – Closed period

Part 3 – Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002