WOOLWORTHS GROUP LIMITED — M&A Activity 2017

Dec 13, 2017

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14 December 2017

ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

ACCC opposes BP proposed acquisition of Woolworths Group’s fuel business

The ACCC today announced it opposes the proposed acquisition of Woolworths Group Limited’s (Woolworths Group) retail fuel business by BP.

We are disappointed with the ACCC’s decision. We have worked closely over many months with BP and the ACCC through an extremely rigorous and demanding process.

BP and Woolworths Group will assess the options over the coming period.

For further information contact:

Investors and Analysts

David Marr Chief Financial Officer +61 2 8885 5000

Paul van Meurs Head of Investor Relations +61 0407 521 651

Media

Peter Brookes +61 407 911 389 Martin Debelle +61 409 911 189 Citadel-MAGNUS

Woolworths Group Limited ABN 88 000 014 675