SRG GLOBAL LIMITED — Major Shareholding Notification 2016

Jun 21, 2016

Form 604

Corporations Act 2001Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Global Construction Services Limited
ACN/ARSN	104 662 259
Details of substantial holder (1)1.
Name	BCP III Australia L.P ("BCP Australia"), Brookfield Capital Partners Fund III LP ("BCP"); Brookfield Capital Partners FundIII (NRA) LP ("BCP NRA"); Brookfield Capital Partners Ltd. ("GP1"), Brookfield Asset Management Private InstitutionalCapital Adviser (Canada) L.P. ("GP2"). Brookfield Private Fund Holdings Inc. ("GP3"), Brookfield Private Equity GroupHoldings LP ("BPEG), Brookfield Business Partners L.P ("BBP"), Brookfield Business L.P ("Holding LP"), Brookfield BBPCanada Holdings Inc. ("CanHoldco"), Brookfield BBP (Canada) Holdings LP ("Capital Holdings LP"), BCP III AIV L.P("BCP III"), Brookfield Private Equity Inc.("BPEI"), Brookfield Business Partners Limited ("BBP GP"), Brookfield PrivateEquity Direct Investments Holdings LP ("BBP LP"); BPEG US Inc. ("BPEG US") and Brookfield Asset Management Inc.("BAM")
ACN/ARSN (if applicable)	Not applicable

There was a change in the interests of the

substantial holder on

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

	106 2016
29/03/2016
29/03/2016

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, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully Paid Ordinary Shares	29,842,366	114.9% (based on200,284,332 shares onlissue)	29.842.366	$14.9%$ (based on200,284,332 shareslon issue)

$3.$ 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 ofchange	Person whoserelevantinterestchanged	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
1 June 2016	BCP Australia	Transfer of securitiespursuant to a distribution byBCP Australia to BCP	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	BCP	Transfer of securitiespursuant to a distribution byBCP Australia to BCP	US$2,131,717.00	7,564,267 ordinaryIshares	7,564,267
1 June 2016	BCP (NRA)	Relevant interest pursuant to 608(3)(a)	US$2,131,717.00	7,564,267 ordinaryIshares	7,564,267
1 June 2016	GP 1	Relevant interest pursuant tosection 608(3)(b) because GP1, as general partner controlsIBCP Australia	US$2,131,717.00	7,564,267 ordinaryIshares	7,564,267
1 June 2016	IGP 2	Relevant interest pursuant tosection 608(3)(b) because GP US$2,131,717.002, as general partner, controlseach of BCP and BCP NRA		7,564,267 ordinaryIshares	7,564,267
1 June 2016	IGP 3	Relevant interest pursuant tosection 608(3)b) because GP3, as general partner, controlsGP 2	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	BCP	Transfer of securitiespursuant to a distribution byBCP to BPEG	US$1,962,500.00	6,963,809 ordinaryshares	6,963,809

1 June 2016	BPEG	Transfer of securitiespursuant to a distribution byBCP to BPEG	US$1,962,500.00	6,963,809 ordinaryshares	6,963,809
1 June 2016	BCP	Transfer of securitiespursuant to a distribution byBCP to GP 2	US$169,217	600,458 ordinaryshares	600,458
1 June 2016	GP 2	Transfer of securitiespursuant to a distribution byBCP to GP 2	US$169,217	600,458 ordinaryshares	600,458
1 June 2016	GP 2	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$169,217	600,458 ordinaryshares	600,458
1 June 2016	BPEG	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$169,217	600,458 ordinaryshares	600,458
1 June 2016	BPEG	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	BBP	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	BBP	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	Holding LP	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	Holding LP	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichlare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	CanHoldco	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryIshares	7,564,267
1 June 2016	CanHoldco	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	BCP III	Transfer of securitiespursuant to an interesttransfer agreement dated 1June 2016, copies of whichare attached as Annexure A	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	Capital Holdings LP	Relevant interest pursuant tosection 608 (3)(b) becauseCapital Holdings LP is thelimited partner of BCP III	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
l1 June 2016	BPEI	Relevant interest pursuant tosection 608 (3)(b) becauseBPEI is the general partner ofBPEG	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267
1 June 2016	BBP GP	Relevant interest pursuant tosection 608 (3)(b) becauseBBP GP is the general partnerof BBP	US$2,131,717.00	7,564,267 ordinaryshares	7,564,267

$\Delta\phi$ , where $\phi$ is a set of $\Delta\phi$ , where $\phi$

15 July 2001 604 page 3/3

11 June 2016	BBPLP	Relevant interest pursuant tosection 608 (3)(b) becauseBBP LP is the limited partnerlof BBP	US$2,131,717.00	17,564,267 ordinaryIshares	7,564,267
11 June 2016	IBPEG US.	Relevant interest pursuant tosection 608 (3)(b) becauseBPEG US has a controllinglinterest in Can Holdco	US$2,131,717.00	7,564,267 ordinaryIshares	7,564,267
June 2016	BAM	Relevant interest pursuant tosection 608 (3)(b) becauseBAM is the ultimate holdingscompany of each of GP1, GP2, GP 3, BBP, BPEG, HoldingLP. CanHoldco and BCP III	US$2,131,717.00	7,564,267 ordinaryIshares	7.564.267

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
BCPAustralia.BCP NRA, GP1, GP 2, GP 3 BCP Australiaand BAM		BCP Australia	Registered holder orcontroller of registeredlholder	22,278,099 ordinary 22,278,099Ishares
BBP.BPEG.HoldingLP.CanHoldco,Capital HoldingsLP, BPEI, BBPBCP IIILP.IGP.BBPIBPEG USandlBAM		BCP III	Registered holder orcontroller of registeredIholder	7.564,267 ordinaryIshares	7.564.267

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 (ifapplicable)	Nature of association
IN/A

6. Addresses

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

Name	Address
IBCP Australia, BCP, NRA, GP 2	Po Box 309, Ugland House, Grand Cayman, KY101104, Cayman Islands
IGP 1, GP 3, CanHoldco, BPEG, BPEIIUS, BBP LP and BAM	Brookfield Place, 181 Bay Street, Toronto, Ontario, Canada
BBP, Holding LP, BBP GP	[73 Front Street, 5th floor Hamilton, HM12. Bermuda

Signature

	print name David Nowak	Directorcapacity
and characteristics.	sign here	date $2/106$ $120/6$