SUPER RETAIL GROUP LIMITED — Major Shareholding Notification 2016

Feb 8, 2016

Z ELLERSTON CAPITAL

Ellerston Capital Limited ABN 34 110 397 674 AFSL No. 283 000

Level 11, 179 Elizabeth Street Sydney NSW 2000
Phone +612 9021 7797
Fax +612 9261 0528 www.ellerstoncapital.com

FAX TO: The Manager, Company Announcements, ASX

FAX NO: 1300 135 638

FROM: Ellerston Capital

DATE: 9 February 2016

NO. OF PAGES (including this page): 8

Dear Manager

RE: Super Retail Group Limited - Form 604

We attach our notice of a change of interests of a substantial holder (Form 604) in respect of Super Retail Group Limited.

We note that the shares reported in this Form are owned by third party accounts under the discretionary investment management of Ellerston Capital Limited.

None of Ellerston Capital Limited, nor any of its shareholders or any of their associates hold a direct interest in any shares disclosed in this Form.

$\mathcal{F}(\mathcal{L})$ , $\mathcal{L}^2$

Yours sincerely,

Ellerston Capital Limited

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	SUPER RETAIL GROUP LIMITED
ACN/ARSN	108 676 204
1. Details of substantial holder (1)
Name	Ellerston Capital Limited (Primary Person), and its associates being those persons listed in annexure B
ACN/ARSN (if applicable)	ACN 110 397 674
There was a change in the interests of the
substantial holder on	08/02/16
The previous notice was given to the company on	04/09/15
The previous notice was dated	04/09/15

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)
ORD	16.312.458	8.27%	13.947.868	7.07%

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
See Annexure А

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
Primary Person	IBNP Paribas Securities Services	IBNP Paribas Securities Services	In respect of 1,075,150 shares held by BNP Paribas Securities Services as nominee under s608(1)(b) and (c) by having the power to control voting and disposal.	1,075,150 Ordinary Shares	0.54%
Primary Person	JPM Nominees Limited	JPM Nominees Limited	In respect of 5,710,049 shares held by JPM Nominees Limited as (1)(1)(1)nominee under s608 and (c) by having the power to control voting and ldisposal.	5,710,049 Ordinary Shares	2.90%
$\mathcal{L}_{\mathcal{A}}$ Primary Person	National Nominees lLimited	National Nominees Limited	In respect of 2,355,880 shares held by National Nominees Limited as (nominee under s608(1)(b and (c) by having the power to control voting and disposal.	2,355,880 Ordinary Shares	1.19%
Primary Person	Citicorp Nominees Pty Citicorp Nominees Limited	Pty Limited	In respect of 4 806,789 shares Citicorp Nominees Pty Limited as nominee under s608(1)(b) and (c) by Shares having the power to control voting and disposal.	4,806,789 Ordinary	2.44%

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:

------ ACN/ARSN Name and alicable' ___ _____	(if	-------- ----------- Nature of association __ The Company's Company
lnı/a -------		_ _____
_ ____		_ ------ ______ _________

6. Addresses

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

Name	Address
See annexures	The Substantial Shareholder -- c/- Level 11, 179 Elizabeth Street, Sydney, NSW, 2000
	The entities listed in Annexure B - c/- Level 11, 179 Elizabeth Street, Sydney, NSW, 2000
ISUPER RETAIL GROUP LIMITED	1751 Gympie Road, Lawnton, QLD, Australia, 4501

Signature

$\ddot{\phantom{a}}$

print name	KELLY	capacity	Company Secretary
sign here		date	09/02/2016
	$\overline{\phantom{a}}$

This is Annexure A of 2 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Signature

print name	CONSTANT A CANCELLE COMMENT COMMENT COMMENT $-$ and $-$	capacity	Company Secretary
sign here	------	date	09/02/2016 --- --

Date of change	Person whose relevant interest changed	Nature of change $(4)$	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
08/02/2016	Primary Person	Sell	\$6,061,523.21	609,848 Ordinary Shares	609,848
04/02/2016	Primary Person	Sell	\$3,314,758.86	327,222 Ordinary Shares	327,222
02/02/2016	Primary Person	Sell	\$3,105,000.00	300,000 Ordinary Shares	300,000
01/02/2016	Primary Person	Buy -	\$294,672.72	28,400 Ordinary Shares	28,400
29/01/2016	Primary Person	Sell	\$1,735,825.74	170,346 Ordinary Shares	170,346
28/01/2016	Primary Person	Buy	\$154,917.84	15,400 Ordinary Shares	15,400
12/01/2016	Primary Person	Sell	\$100,311.66	9,300 Ordinary Shares	9,300
05/01/2016	Primary Person	Sell	\$4,097,006.61	362,583 Ordinary Shares	362,583
04/01/2016	Primary Person	Sell	\$692,128.20	60,713 Ordinary Shares	60,713
23/12/2015	Primary Person	Sell	\$164,413.72	15,504 Ordinary Shares	15,504
04/12/2015	Primary Person	Sell	\$13,624.73	1,289 Ordinary Shares	1,289
01/12/2015	Primary Person	Sell	\$6,561,100.00	637,000 Ordinary Shares	637,000
30/11/2015	Primary Person	Sell	\$177,959.70	17,100 Ordinary Shares	17,100
26/11/2015	Primary Person	Sell	\$275,893.77	26,700 Ordinary Shares	26,700
23/11/2015	Primary Person	Sell	\$13,518,721.28	1,309,814 Ordinary Shares	1,309,814

20/11/2015	Primary Person	Sell	\$1,892,434.92	184,089 Ordinary Shares	184,089
06/11/2015	Primary Person	Buy	\$13,054.70	1,335 Ordinary Shares	1,335
23/10/2015	Primary Person	Buy	\$2,409,325.00	250,000 Ordinary Shares	250,000
21/10/2015	Primary Person	Buy	\$1,873,460.00	200,000 Ordinary Shares	200,000
19/10/2015	Primary Person	Buy	\$3,614,400.00	400,000 Ordinary Shares	400,000
02/10/2015	Primary Person	Sell	\$77,457.03	8,489 Ordinary Shares	8,489
28/09/2015	Primary Person	Buy	\$20,353.03	2,272 Ordinary Shares	2,272
23/09/2015	Primary Person	Buy	\$1,318,500.00	150,000 Ordinary Shares	150,000
21/09/2015	Primary Person	Buy	\$1,756,940.00	200,000 Ordinary Shares	200,000
17/09/2015	Primary Person	Buy)	\$1,151,488.00	128,000 Ordinary Shares	128,000
09/09/2015	Primary Person	Buy	\$2,651,940.00	300,000 Ordinary Shares	300,000

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}$

This is Annexure B of 3 pages referred to in Form 604 - Notice of change of interests of substantial holder.

Signature

print name	SHARED . Beau , Johnson	capacity	Company Secretary
sign here	__	date	09/02/2016 ------

The following entities represent the Passive Substantial Holders. Each is a related body corporate of the Principal Person or a person that controls a related body corporate of the Principal Person and so an associate of t $ATOTPATIAN$

PARTY/ENTITY NAME	AUSIKALIAN COMPANY NO.
Aidem Holdings Pty Limited	161 624 399
Arctic Asia GP general partner of the Arctic Asia
Opportunities Fund, L.P.
Arctic Capital Ltd
Arctic LES (Ireland) Limited
Arctic LES (Luxembourg) Sarl
Australian Financial Times Pty Ltd	003 993 682
Australian Fluorine Chemicals Pty Ltd	000 333 684
Bareage Pty Ltd	060 526 865
Cairnton Pty Ltd	001 735 075
Cairnton Holdings Limited	008 394 134
Captwo Pty Ltd	091 030 929
Casthree Pty Ltd	084 494 619
Castwo Pty Ltd	084 494 520
Catone Pty Ltd	091 030 910
Cavalane Holdings Pty Ltd	080 695 754
CBG Holding Company Pty Limited	163 161 420
Chermon Pty Ltd	123 039 305
Conpress (Hong Kong) Ltd
Conpress (Malaysia) Sdn Bhd
Conpress Cayman, LDC
Conpress Cayman II, LDC
Conpress Cayman III, LDC
Conpress Christchurch Pty Ltd
Conpress Finance BV
Conpress Holdings Pty Ltd	088 047 974
Conpress International Finance
Conpress International (Netherlands Antilles) NV
Conpress International (Netherlands Antilles) II NV
Conpress Mauritius Limited Conpress Securities Pty Limited	160 602 853
Consolidated Custodians International Ltd
Consolidated Custodians Pty Ltd	008 394 492
Consolidated Gaming Pty Ltd	071 513 409
Consolidated Press Entertainment Pty Ltd	070 506 606 001 557 035
Consolidated Press (Finance) Ltd Consolidated Press Financial Services Pty Ltd	008 457 869
Consolidated Press (Finance) III Pty Ltd
	604 881 030
Consolidated Press Holdings Ltd Consolidated Press International Limited	008 394 509

PARTY/ENTITY NAME	AUSTRALIAN COMPANY NO.
Consolidated Press International Holdings Limited
Consolidated Press Investments Pty Ltd	000 089 118
Consolidated Press Property Pty Ltd	004 160 703
CPH Crown Holdings Pty Limited	603 296 804
CPH Crown Holdings II Pty Limited	608 867 036
Consolidated Press (Finance) Il Pty Limited	603 295 834
Consolidated Press (Finance) LLC (USA)
Cairnton Holdings Bahamas Limited (Bahamas)
CP International Investments Ltd
CP International Management Services Limited
CP International Resources Ltd
CP International Securities Ltd
CPH Barbuda Holdings Limited (Bahamas)
CPH Capital Pty Ltd	096 130 899
CPH Direct Investments Pty Ltd	122 328 652
CPH Fashion Pty Ltd $\mathbf{p}$	089 304 941
CPH Gaming I Pty Limited	603 295 674
CPH Gaming II Pty Limited	603 295 923
CPH Gaming III Pty Limited	603 296 162
CPH Gaming IVA Pty Limited	603 296 537 603 296 546
CPH Gaming IVB Pty Limited
CPH Investments Management Pty Limited CPH Products Pty Limited	092 008 172
	106 918 638
CPH Property Pty Limited CPH Snow Investments Pty Limited	000 031 747
CPH WA Investment Co Pty Limited	163 335 724
DCE America Inc.	129 011 534
ECS Investment Partners Pty Ltd	166 264 375
Ellerstina Inversiones (Malaysia) Sdn Bhd
Ellerstina Inversiones SA
Ellerston Asian Emerging Opportunities Fund
Ellerston Australian Ex-Top 20 Fund
Ellerston Australian Small Companies Fund
Ellerston Australian Share Fund
Ellerston Australian Market Neutral Fund
Ellerston Capital Limited	110 397 674
Ellerston Capital (Europe) Limited
Ellerston Capital (Hong Kong) Limited
Ellerston Capital (Resources No.1) Limited
Ellerston Global Equity Managers Offshore Fund
Ellerston Global Equity Managers Fund
Ellerston Leisure Pty Limited	608 785 753
Ellerston Onassis Polo Pty Limited	608 392 436
Ellerston Opportunities Pty Ltd	150 851 666
Ellerston Overlay ASF
Ellerston Pty Ltd	123 039 341
Ellerston Special Opportunities Platform
Engine Room Management Pty Limited	094 993 585
Engine Room Music Pty Ltd	088 993 104
Holiwest Pty Ltd	082 627 898
Hoyts Cinemas America Limited
Hoyts Cinemas Argentina Limited
Hoyts Cinemas Chile Limited
Hoyts Cinemas Germany GmbH
Hoyts Cinemas Germany Operations GmbH
Hoyts Cinemas Operations Pty Ltd	006 530 347
Hoyts Cinemas Overseas Holdings Sdn Bhd
Hoyts Cinemas (South America) Holdings Limited
Hoyts Cinemas (Wood Green) Limited
Hoyts Emerging Territories Ltd
Hoyts Overseas Operations Sdn Bhd
HUSH Holding Company Inc.

$\mathbb{C}$

$\frac{1}{\sqrt{2}}\sum_{i=1}^{n} \frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

	AUSTRALIAN
PARTY/ENTITY NAME	COMPANY NO.
HUSH Holding Subsidiary Inc.
HUSH Holdings US Inc.
Hyde Park Gardens (Jersey) Limited
Jadeite Phoenix Pty Limited	164 098 113
Jaslib Pty Ltd	065 059 458
Jasopt Pty Ltd	065 064 164
Jersey Boys LLC
KPE Multiplexthreatre GmbH & Co KG
Lenvoka Pty Limited	003 274 628
Lutrust Pty Limited	088 937 428
Magenta Investments Ltd
Murray Leisure Group Pty Limited	000 090 273
Murray Publishers Pty Limited	000 067 998
Nicarby Pty Ltd	086 715 362
Northeast Cinemas, L.L.C.
Northeast Cinemas (Connecticut) L.L.C.
Northeast Cinemas (Maryland) L.L.C.
Northkom Pty Ltd	082 885 961
Northkom I Pty Limited	604 022 899
Northkom Bahamas Limited (Bahamas)
Nova One Limited
Nova Two Limited
Park Street Partners Cayman II Limited
Park Street SPV 1 (Cayman) Limited
Perisher Blue Pty Ltd	061 232 488
Perisher Snow Holidays Pty Limited	139 766 993
Pretty Girl Fashion Group Pty Ltd	051 283 900
Raystonel Pty Limited RatPac Entertainment II, LLC	123 039 270
RatPac Entertainment, LLC
Ratpac Development LLC
Ratpac Documentary Films LLC
Ratpac Entertainment LLC
Ratpac Film Fund LLC
Ratpac Holding LLC
Ratpac Press LLC
Ratpac Productions LLC
Revlake Pty Limited	051 765 818
Ridgegate Pty Limited	058 139 923
Rosgrove Pty Limited	051 649 560
S. One Holding Company Pty Limited	601 640 215
Samenic Limited	066 234 900
Savabow Pty Ltd	084 712 774
SBC Burlington Corp
ScrumPac Pty Ltd	602 375 253
Silthree Pty Ltd	084 494 575
Siltwo Pty Ltd	084 494 495
Silver City Cinemas, Inc.
Silver City Holdings, Inc.
Sonomaco Pty Ltd	169 386 421
Sandpiper Bahamas Limited (Bahamian)
Taringah Pty Ltd	105 268 862
Toranaga Pty Ltd	056 229 728
Toray Pty Ltd	002 348 503
Treysta Pty Ltd	078 467 080
Wakefield Bahamas Limited
Water Diviner LLC
Western Empire Publications Ltd
W.Lane Pty Ltd	003 115 124
Wombat Enterprises Pty Ltd	003 115 124
Wooltech Pty Limited	010 717 441

$\mathcal{L}^{\text{max}}$