TREASURY WINE ESTATES LIMITED — Major Shareholding Notification 2012

Aug 21, 2012

21 August 2012

BY FAX - ORIGINAL IN POST (61 3 8626 2070)

Treasury Wine Estates Ltd 77 Southbank Boulevard Southbank, Victoria Australia 3006

Re: Notice of Change in Interests of Substantial Shareholder under Section 671B

Company Secretary:

Enclosed is a Notice of Change in Interests of Substantial Shareholder under Section 671B dated 20 August 2012. Please note that a copy of this report has been sent to the Australian Stock Exchange.

Neither the Capital Group Companies, Inc. nor any of its affiliates own shares of your company for its own account. Rather, the shares reported on Form 604 are owned by accounts under the discretionary investment management of one or more of the investment management companies that make up the Capital Group Companies, Inc.

For the purpose of this Notice, an outstanding share balance of 647,227,144 shares was used to calculate the percentage of holdings of the relevant share capital. We believe this outstanding share balance is current; however, if this number is not accurate, please contact us as soon as possible so that we may make the necessary revisions to this Notice.

Should you have questions or require additional information, please contact Gina Martinez or Vivien Tan at (213) 615-0469, or send a fax message to (213) 615-4056. Alternatively, you may contact us via e-mail at GRGroup@capgroup.com.

Regards,

Gina Martinez Compliance Manager

604 page Page 1 of 2

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Treasury Wine Estates Ltd ACN/ARSN 1. Details of substantial holder(1) Name The Capital Group Companies, Inc. ACN/ARSN (if applicable) n/a There was a change in the interests of the substantial holder on 20 August 2012 The previous notice was given to the company on 19 May 2011 The previous notice was dated 18 May 2011

The shares reported were owned by accounts under the discretionary investment management of 1 investment management company (Capital Research and Management Company) which is a direct or indirect subsidiary of The Capital Group Companies, Inc., 333 South Hope Street, 55th Floor, Los Angeles, California 90071.

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	Previous notice	Present notice	Present notice
	Person'svotes	Voting power(5)	Person'svotes	Voting power(5)
Ordinary Shares	46,926,182 shares	7.2194%	36,645,208 shares	5.6619%

The shares being reported under this section are owned by accounts under the discretionary investment management of 2 investment management companies (Capital Research and Management Company and Capital International Limited) which are direct or indirect subsidiaries of The Capital Group Companies, Inc., 333 South Hope Street, 55th Floor, Los Angeles, California 90071 and such shares are being reported in the aggregate.

604 page Page 2 of 2

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
20 May 11 Through 20Aug12	The Capital Group Companies, Inc.	Disposition of shares	Average price of 4.0158 AUD	10,280,974 Ordinary Shares	10,280,974

See Annexure A dated 18 May 2011

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
		none
See Annexure A dated 20 August 2012 (copy attached)

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
N/A	N/A

6. Addresses

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

Name	Address
The Capital Group Companies, Inc.	333 South Hope Street, 55 ~~th~~Floor LosAngeles, CA90071

Signature

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print name: Katherine H. Newhall Capacity: Counsel
sign here ______ date 21 August 2012
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Annexure “A”

This is the Annexure of 1 page marked Annexure “A” referred to in Form 604 signed by this corporation dated 20 August 2012.

The Capital Group Companies, Inc.

By: ________ Katherine H. Newhall Counsel

Australia Annexure

Treasury Wine Estates Ltd

20 August 2012

CG Investment Management Company Capital International Limited Capital Research and Management Company GRAND TOTAL	Account Number 43417700 43426300 43426800 43426900 11000012 11000016 11000033 11000054 11000071		Number of Shares 332,640 126,740 46,832 69,617 575,829 24,690,070 3,676,000 7,212,137 71,666 419,506 36,069,379 36,645,208	% Held
				5.66%

Nominee List

Treasury Wine Estates Ltd

20 August 2012

Nominee Name

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Chase Manhattan Bank Australia Limited
Level 36 World Trade Centre
Jamison Street
Sydney, NSW 2000 Australia
11000012 24,690,070
11000016 3,676,000
11000033 7,212,137
Total Shares: 35,578,207
Chase Manhattan Nominee Ltd.
Australia
43417700 332,640
Total Shares: 332,640
Citicorp Nominees PTY Ltd
Level 26, Mitre 502-30
101 Collins Street
Melbourne, Victoria 3000
43426300 126,740
Total Shares: 126,740
National Australian Bank LTD.
271 Collins St.
5th Floor South
Melbourne, Victoria 3000
43426800 46,832
Total Shares: 46,832
Northern Trust
c/o NorTrust Nominees Limited
155 Bishopsgate
London EC2M 3XS
43426900 69,617
Total Shares: 69,617
State Street Bank & Trust Co.
11000054 71,666
Total Shares: 71,666
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Westpac Custodian Nominees

Nominee List

Treasury Wine Estates Ltd

20 August 2012

Nominee Name

50 Pitt Street, 8th Floor
Sydney, NSW 2000
Australia
11000071	419,506
Total Shares:	419,506