SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Major Shareholding Notification 2017

Nov 23, 2017

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Southern Cross Electrical Engineering Limited ACN/ARSN 009 307 046 1. Details of substantial holder (1) Name Frank Tomasi Nominees Pty Ltd as trustee for the Frank Tomasi Family Trust and Gianfranco (Frank) Tomasi ACN/ARSN (if applicable) 008 886 904 There was a change in the interests of the substantial holder on 23/11/2017 The previous notice was given to the company on 13/9/2017 The previous notice was dated 13/9/2017

2. Previous and present voting power

The 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)	had a
relevant interest(3)in when last required,and when now required,togive a substantial holdingnotice to the companyor scheme,are as follows:
Class of securities (4) Previous notice Present notice Person’s votes Voting power(5) Person’s votes Voting power
Ordinaryshares 65,227,131 28.19% 65,227,131 36.18%

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 of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
23/11/2017	Frank Tomasi Nominees Pty Ltd as trustee for the Frank Tomasi Family Trust	Voting power reduced due to new securities being issued.	$nil	61,664,027 ordinary shares	61,664,027
23/11/2017	Ghisa Pty Ltd	Voting power reduced due to new securities being issued.	$nil	2,063,104 ordinary shares	2,063,104
23/11/2017	Offshore Electrical Services Pty Ltd	Voting power reduced due to new securities being issued.	$nil	1,500,000 ordinary shares	1,500,000

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 of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
Gianfranco (Frank) Tomasi	Frank Tomasi Nominees Pty Ltd as trustee for the Frank Tomasi Family Trust	Frank Tomasi Nominees Pty Ltd as trustee for the Frank Tomasi Family Trust	Relevant interest under sections 608(1)(b), 608(1) (c) and 608(3) of the Corporations Act 2001 (Act)	61,664,027 ordinary shares	61,664,027
Gianfranco (Frank) Tomasi	Ghisa Pty Ltd	Ghisa Pty Ltd	Relevant interest under sections 608(1)(b), 608(1) (c) and 608(3) of the Act	2.063,104 ordinary shares	2.063,104
Gianfranco (Frank) Tomasi	Offshore Electrical Services Pty Ltd	Offshore Electrical Services Pty Ltd	Relevant interest under sections 608(1)(b), 608(1) (c) and 608(3) of the Act	1,500,000 ordinary shares	1,500,000

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

6. Addresses

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

Name	Address
Frank Tomasi Nominees Pty Ltd as trustee for the Frank Tomasi Family Trust	11 Mounts Bay Road, Perth, Western Australia, 6000
Gianfranco(Frank)Tomasi	20 Fraser Road, Applecross, Western Australia, 6153
Ghisa PtyLtd	East Level 3, 10 Outram Street, West Perth, Western Australia, 6005
Offshore Electrical Services PtyLtd	East Level 3, 10 Outram Street, West Perth, Western Australia, 6005

Signature

print name	Gianfranco (Frank) Tomasi	capacity	Director
sign here		date	24/11/2017

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 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 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 on 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.