SGH LIMITED — Major Shareholding Notification 2019

Jan 14, 2019

14 January 2019

Mr Jeremy Ryan Company Secretary Saracen Mineral Holdings Limited Level 11, 40 The Esplanade PERTH WA 6000

Dear Mr Ryan

Notice of Ceasing to be a Substantial Holder in Saracen Mineral Holdings Limited ("the Company")

Please find attached a copy of the above Notice that we have lodged with the ASX today

The Notice is in relation to a substantial holding that Seven Group Holdings Limited (SGH) and its subsidiaries cease to have in the Company as a result of the change in Wroxby Pty Limited's interests in the Company.

SGH and its subsidiaries do not have any direct shareholding in the Company and are only required to give this notice as associates of Wroxby Pty Limited.

Yours faithfully

Warren Coatsworth Company Secretary

Cc Company Announcement Office ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

Seven Group Holdings Limited | ABN 46 142 003 469

38-42 Pirrama Road | Pyrmont NSW 2009 Australia | Postal Address: PO Box 777 | Pyrmont NSW 2009 Australia Telephone +61 2 8777 7777 | Facsimile +61 2 8777 7192

Form 605 Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme		Saracen Mineral Holdings Limited (the Company)
ACN/ARSN	009 215 347
1.Details of substantial holder (1)
Name
ACN/ARSN (if applicable)	Seven Group Holdings Limited (SGH) and SGH's subsidiaries as set out in Annexure A (SGH Group)142 003 469
The holder ceased to be a
substantial holder on		10/01/2019
The previous notice was given to the company on		11/08/2017
The previous notice was dated		11/08/2017

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 ofchange	Person whoserelevant interestchanged	Nature of change (4)	Considerationgiven in relationto change (5)	Class (6)and numberof securitiesaffected	Person's votesaffected
07/01/2019	Wroxby Pty Ltd (ACN 06,621921)(Wroxby).	Disposal of shares onmarket	$3.1358	2,000,000ordinary shares	2,000,000
08/01/2019	Wroxby	Disposal of shares onmarket	$3.0325	1,864,303ordinary shares	1,864,303
09/01/2019	Wroxby	Disposal of shares onmarket	$3.000	772,255ordinary shares	772,255
10/01/2019	Wroxby	Disposal of shares onmarket	$3.0023	5,250,000ordinary shares	5,250,000

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
SGH and the SGH Group	SGH controls each member of the SGH Group and, as such, they are eachassociates of each other. The members of SGH Group are set out in AnnexureA, some entities of which have become members, or ceased to be members,since the last notice was given to the Company.

4. Addresses

Name	Address
SGH	Level 30, 175 Liverpool Street, Sydney NSW 2000
SGH Group Members	See Annexure A
Wroxby	Level 3, 30 Kings Park Road, West Perth, WA 6005

Signature

print name	Warren Coatsworth	capacity	Company Secretary
sign here		date	14/01//2019

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 4 of the form.
• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.
• (4) 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.

• (5) Details of the consideration must include any and all benefits, moneys 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.
• (6) The voting shares of a company constitute one class unless divided into separate classes.

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

Annexure 'A'

This is Annexure 'A' of 2 pages referred to in the Form 605 (Notice of ceasing to be Substantial Holder), signed by me and dated 14 January 2019.

Warren Coatsworth Company Secretary

Entity ACN

C7 Pty. Limited 082 901 442 Direct Target Access Pty. Limited 072 507 227 Industrial Investment Holdings Pty Limited 166 596 710 Kimlin Holdings Pty. Limited 112 288 445 Manooka Holdings Pty. Limited 092 680 245 Miltonstar Pty. Limited 074 811 144 Network Investment Holdings Pty. Limited 078 448 512 Point Pty. Limited 009 643 501 Realtime Reporters Pty. Limited 009 371 055 Seven Custodians Pty. Limited 089 327 551 Seven Entertainment Pty. Limited 085 598 429 Seven Media Group Pty. Limited 116 850 607 Seven (National) Pty. Limited 153 299 159 Seven Network (United States) Inc N/a Seven Network Limited 052 816 789 Seven Network Nominees Pty. Limited 060 667 861 Seven Network Investments Pty. Limited 078 267 759 Seven Network International Limited 065 640 075 SGH Productions Pty. Limited 091 398 471 Seven Resources Pty. Limited 093 422 032 Seven (WAN) Pty. Limited 122 263 129 SGH Communications Pty. Limited 063 582 990 SGH Energy (No 1) Pty Limited 168 933 355 SGH Energy (No 2) Pty Limited 168 935 644 SMG Executives Pty. Limited 128 792 003 SMG FINCO Pty. Limited 122 728 321 SNZ Pty. Limited 124 503 028 Specialised Investments Pty Limited 163 941 884 Tallglen Pty. Limited 058 439 786 WesTrac Holdings Pty. Limited 009 336 109 SGH Energy Pty Limited 058 818 278 SGH Energy Aust. Pty Limited 090 835 608 SGH Energy NTP66 Pty Limited 123 243 470 SGH Energy VICP56 Pty Limited 125 036 142 SGH Energy WA377P Pty Limited 123 243 274 SGH Energy WA Pty Limited 113 911 274 SGH Energy VICP54 Pty Limited 108 405 009

All companies listed above have a registered office located at Level 2, 38 – 42 Pirrama Road, Pyrmont, NSW, 2009 except Seven Network (United States) Inc: 1013 Centre Road, City of Wilmington, Delaware, USA

Entity ACN

Allight Holdings Pty. Ltd 070 926 555 AllightPrimax FZCO N/a AllightSykes Pty. Ltd 053 434 807 Allight Sykes SA (Proprietary) Limited N/a FGW Pacific Pty. Ltd 085 531 353 Mining Equipment Spares Pty. Ltd 133 869 191 National Hire Facilitation Pty. Limited 128 890 442

National Hire Group Limited	076 688 938
PT Allightsykes	N/a
Primax USA Inc (incorporated in the USA)	N/a
Pump Rentals Pty. Ltd	057 090 561
Sitech Solutions Pty. Limited	137 343 090
Sitech (WA) Pty. Ltd	139 286 454
Sykes Group Pty. Limited	004 093 752
Sykes Fleet Services Pty. Limited	074 656 027
Sykes New Zealand Limited (incorporated in New Zealand)	N/a
WesTrac Pty. Ltd	009 342 572
WesTrac Machinery Distribution Pty Limited	155 500 413

All companies registered in Australia listed above have a registered office located at 12 Hoskins Road, Landsdale, WA, 6065, except:

• Sitech (WA) Pty Ltd: 128 Great Eastern Highway, South Guildford, WA, 6055
• Mining Equipment Spares Pty Ltd: 327 Victoria Road, Malaga, WA, 6090
• Sitech Solutions Pty Limited: 33 Allison Street, Bowen Hills, QLD, 4006
• Allight Sykes SA (Proprietary) Limited: 2 Eglin Road, Sunning Hill, South Africa, 2157
• PT Allightsykes: JI Proklamsi #38 RT 32, Balikpapan, Indonesia
• AllightPrimax FZCO: Plot No. S50119, Jebel Ali Free Zone South, Dubai, UAE

Entity ACN

All Hire Pty Limited	066 054 500
Allplant Services Pty Limited	007 691 910
Australian Highway Plant Services Pty Limited	060 383 511
Coates Fleet Pty Limited	073 603 559
Coates Hire Group Pty Limited	126 730 240
Coates Group Holdings Pty Limited	126 069 341
Coates Hire Holdco SPV Pty Limited	607 858 328
Coates Hire Access SPV Pty Limited	607 868 333
Coates Hire Limited	073 603 586
Coates Hire Operations Pty Limited	074 126 971
Coates Hire Overseas Investments Pty Limited	086 464 379
Coates Hire (NZ) Limited	N/a
Coates Hire Traffic Solutions Pty Limited	114 055 640
DWB (NH) Pty Limited	003 620 951
Nahi Pty Limited	077 777 238
National Hire Equipment Pty Limited	080 468 293
National Hire Finance Pty Limited	117 581 530
National Hire Operations Pty Limited	080 468 319
National Hire Properties Pty Limited	101 354 107
National Hire Trading Pty Limited	080 468 328
Ned Finco Pty Limited	128 290 844
PT Coates Hire Indonesia	N/a
PT Coates Services Indonesia	N/a
True Blue Hire Australia Pty Limited	080 468 266

All companies registered in Australia listed above have a registered office located at Level 6, 241 O'Riordan Street , Mascot NSW 2020 except:

• Coates Hire (NZ) Limited of Bell Gulley, Level 22, Vero Centre, 48 Shortland Street,Auckland, NZ
• PT Coates Hire Indonesia of Gedung World Trade Centre 5 Lt. 3A, JI.Jend. Surdiman Kav. 29- 31, Karet, Setiabudi, Jakarta, 12920 Indonesia
• PT Coates Services Indonesia of WISMA GKBI Lt. 39 S3901 JI. Jend. Surdiman No. 28, Bendungan Hiliar, Tnar Abung, Jakarta Pusat, DKI Jakarta Raya, Indonesia