SERVICE STREAM LIMITED — Major Shareholding Notification 2017

May 22, 2017

THORNEY OPPORTUNITIES LTD ACN 080 167 264

CROSS RELEASE SSM

23 May 2017

BY ASX ONLINE – 3 pages

Manager Company Announcements ASX Limited Level 10 20 Bond Street SYDNEY 2000

Dear Sir/Madam,

Change of interests of substantial holder Service Stream Limited [ASX:SSM]

Following is a Form 604 Notice of change of interests of substantial holder dated 23 May 2017 in accordance with section 671B of the Act.

Yours sincerely,

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CRAIG SMITH ACIS, CPA Secretary

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To: company name/scheme SERVICE STREAM LIMITED ABN 46 072 369 870

1. Details of substantial holder

Name THORNEY OPPORTUNITIES LTD

ACN (if applicable) 080 167 264

There was a change in the interests of the substantial holder on 19-May-17

The previous notice was given to the company on 11-Oct-16

The previous notice was dated 11-Oct-16

2. Previous and present voting power

The total number of shares votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Securities	Previous Notice	Previous Notice	Present Notice	Present Notice
	Person’s votes	**Voting power **	Person’s votes	**Voting power **
Fully Paid Ordinary Shares	86,286,105	23.63%	82,017,345	22.46%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests 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 are as follows:

Date of	Person whose relevant	Nature of	Consideration	Class and number of	Person’s
Change	interest changed	change	given in	securities affected	votes
			relation to		affected
			**Change **
19-Oct-16To23-May-17	Thorney Opportunities Ltd	Net marketsales	Market prices	1,124,759 ordinary shares	1,124,759
19-Oct-16To23-May-17	Thorney International PtyLtd	Net marketsales	$nil	3,144,001 ordinary shares	3,144,001

4. Present relevant interests

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

Holder of relevant interest	Registered holder ofsecurities	Person entitled to beregistered as holder	Class and numberof securities
Thorney Opportunities Ltd,Thorney International Pty Ltd,Thorney Investment Group AustraliaPty Ltd,Jamahjo Pty Ltd	UBS Nominees Pty Ltd	Thorney Opportunities Ltd	24,254,044ordinary shares
Thorney International Pty Ltd,Thorney Investment Group AustraliaPty Ltd,Jamahjo Pty Ltd	HSBC Custody Nominees(Australia) Ltd	Thorney International Pty Ltd	57,736,301ordinary shares

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name Nature of association

6. Addresses

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

Name	Address
Thorney Opportunities LtdACN080167 264	Level 39, 55 Collins Street, Melbourne 3000
Thorney International Pty LtdACN 132886 698	Level 39, 55 Collins Street, Melbourne 3000
Thorney Investment Group Australia Pty LtdACN 117 488 892	Level 39, 55 Collins Street, Melbourne 3000
Jamahjo Pty LtdACN 117 488 696	C/- TWF Partners, Level 4, 25 Claremont Street,South Yarra,3141

Signature

Print name CRAIG SMITH Capacity SECRETARY Sign here Date: 23 May 2017

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