WOOLWORTHS GROUP LIMITED — Major Shareholding Notification 2011

Oct 31, 2011

Form 604 Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme		Gage Roads Brewing Co Limited (Gage Roads)
ACN/ARSN	ACN 103 014 320
1. Details of substantial holder (1)
Name	(Controlled Entities)	Woolworths Limited (Woolworths) on its own behalf and on behalf of its controlled entities as set out in Annexure A
ACN/ARSN (if applicable)	ACN 000 014 675
There was a change in the interests of the
substantial holder on		28 October 2011
The previous notice was given to the company on		17 October 2011
The previous notice was dated		17 October 2011

2. Previous and present voting power

Ç

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) THE R. P. LEWIS CO., LANSING, MICH.	Person's votes -------------	(5) Voting power
IOrdinary shares	410.890 76. ---------------------------------------	23.22% __ _______	.326.890 185	25.25%

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
28 October 2011	lWoolworths	Woolworths was lissued 8,916,000 ordinary shares in lGage Roads in accordance with the Subscriber Rights Deed between Woolworths and Gage Roads dated 15 May 2009, a copy of which was attached to Woolworths' Isubstantial holder notice given to the ASX on 2 July 2009	\$588,465 (being \$0.066 per 8,916,000 ordinary (share)	Ishares	8,916,000

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	Reaistered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes

lWoolworths Woolworths Woolworths	Relevant interest under section 608(1)(a) of the Corporations Act 2001 (Cth) as the holder of the Gage Roads shares referred to in this notice. Each Controlled $ 85,326,890$ ordinary $ 85,326,890$ Entity has the same Ishares substantial holding as Woolworths because it is a subsidiary of Woolworths land Woolworths is therefore lits associate.		ी है।
-----------------------------------------	----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	--	-------

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:

______ \RSN (if Name and :N1/4 `licableد ao -----------	. $-1$ , $-1$ , $-1$ , $-1$ , $-1$ , $-1$ , $-1$ , $-1$ $\frac{1}{2}$ association Nature or . --------------------------------------- ------
No	---
.ole.	-----------
n In	--------------
--	_____
-------	__
_________	-----------------
_____	-------

6. Addresses

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

Name	Address
Woolworths	1 Woolworths Way, Bella Vista NSW 2163
Each Controlled Entity	Ic/- Woolworths Limited, 1 Woolworths Way, Bella Vista NSW 2163

Signature

print name	Peter Horton	capacity	Company Secretary
	. .		.
sign here	∽ л $\sim$ υ	date	31 October 2011

DIRECTIONS

• 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 $(1)$ 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.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ 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
• 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 $(b)$ 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.

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, $(7)$ 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.

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". $(8)$

$\tilde{\gamma}$

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

Annexure A

This is the Annexure A of 3 pages referred to in the Form 604 (Notice of change of interests of substantial holder) signed
by me and dated 31 October 2011.

V

$M$

Peter Horton Company Secretary, Woolworths Limited

Controlled Entities

Name	ACN (if applicable)
A.C.N. 001 259 301 Pty Limited	001 259 301
Advantage Supermarkets Pty Ltd	009 312 056
Advantage Supermarkets WA Pty Ltd	084 788 492
ALH Group Pty Ltd	098 212 134
Albion Charles Hotel (BMG) Pty Ltd	110 901 730
ALH Group Property Holdings Pty Limited	114 682 969
Australian Leisure and Hospitality Group Limited (1)	067 391 511
ALH Group (No. 1) Pty Ltd	010 657 888
Balaclava Hotel (BMG) Pty Ltd	110 901 810
Chelsea Heights Hotel (BMG) Pty Ltd	110 901 856
Cherry Hill Tavern (BMG) Pty Ltd	110 900957
Club Management (BMG) Pty Ltd	110 900 804
Courthouse Brunswick Hotel (BMG) Pty Ltd	110 901 892
Courthouse Hotel Footscray (BMG) Pty Ltd	110 901 712
Croxton Park Hotel (BMG) Pty Ltd	110 901 687
Daisey's Club Hotel (BMG) Pty Ltd	110 901 669
Excelsior Hotel (BMG) Pty Ltd	110 901 650
First and Last Hotel (BMG) Pty Ltd	110 901 589
Glengala Hotel (BMG) Pty Ltd	110 901 552
Lyndhurst Club Hotel (BMG) Pty Ltd	110 901 534
Management (BMG) Pty Ltd	112 009 122 110 901 507
Manningham Hotel (BMG) Pty Ltd MGW Hotels Pty Ltd	098 214 129
Aceridge Pty Limited	010 790 771
Chatswood Hills Tavern Pty. Ltd.	010 875 939
Dapara Pty Ltd	003 085 907
Stadform Developments Pty. Limited	010 996 004
Fenbridge Pty. Ltd.	010 963 854
Kawana Waters Tavern No. 3 Pty Ltd	009 674 328
Kawana Waters Tavern No. 1 Pty Ltd	009 671 603
Kawana Waters Tavern No. 2 Pty Ltd	009 673 938
Vicpoint Pty Ltd	078 484 741
Milanos Hotel (BMG) Pty Ltd	110 901 481
Monash Hotel (BMG) Pty Ltd	110 900 751
Moreland Hotel (BMG) Pty Ltd	110 901 196
Nu Hotel (BMG) Pty Ltd	110 901 105
Oakleigh Junction Hotel (BMG) Pty Ltd	110 901 169
Palace Hotel Hawthorn (BMG) Pty Ltd	110 901 132
Powel Hotel Footscray (BMG) Pty Ltd	110 901 089
Preston Hotel (BMG) Pty Ltd	110 901 061
Queensbridge Hotel (BMG) Pty Ltd	110 709 996
Racecourse Hotel (BMG) Pty Ltd Shoppingtown Hotel (BMG) Pty Ltd	110 901 034 111 719 870
Taverner Hotel Group Pty. Ltd.	086 956 890
Amprok Pty. Ltd.	007 011 798
Auspubs Pty Ltd	086 695 801
Cooling Zephyr Pty Ltd	089 193 859
The Common Link Pty Ltd	086 504 529
E. G. Functions Pty. Ltd.	073 488 052
Elizabeth Tavern Pty. Ltd.	008 019 922
FG Joint Venture Pty Ltd	095 849 906
Fountain Jade Pty. Ltd.	007 396 063
Hadwick Pty Ltd	090 965 772

Name	ACN (if applicable)
Markessa Pty. Ltd.	006 644 382
Playford Tavern Pty Ltd	077 886 545
Seaford Hotel Pty. Limited	063 024 591
The Second P Pty Ltd	089 313 146
Kilrand Hotels (Hallam) Pty. Ltd.	005 730 601 006 327 206
Ashwick (Vic.) No.88 Pty. Ltd. Warm Autumn Pty. Ltd.	082 483 994
Werribee Plaza Tavern Pty. Ltd.	006 296 162
Waltzing Matilda Hotel (BMG) Pty Ltd	111 719 861
Wheelers Hill Hotel (BMG) Pty Ltd	111 719 923
Andmist Pty. Limited	095 618 929
Australian Independent Retailers Pty Ltd	004 678 675
Australian Liquor and Grocery Wholesalers Pty Ltd	009 592 925
Australian Safeway Stores Pty. Ltd.	004 319 939
Barjok Pty Ltd Bergam Pty Limited	002 946 858 109 333 208
Calvartan Pty. Limited	008 585 813
Cenijade Pty. Limited	085 854 495
Charmtex Pty Ltd	000 067 363
DSE Holdings Pty Limited	001 456 720
Dick Smith (Wholesale) Pty Ltd	000 445 956
Dick Smith Management Pty Ltd	001 585 735
Dick Smith Electronics Franchising Pty Ltd	054 295 733
Dick Smith Electronics Pty Limited Dick Smith Electronics Staff Superannuation Fund Pty Limited	000 908 716 059 802 470
DSE (NZ) Limited
Dick Smith Electronics Limited
Intertan Australia Pty Ltd	002 511 944
Fabcot Pty Ltd	002 960 983
Fabsky Pty Ltd	147 387 737
Kiaora Lands Pty Limited	108 410 402
Gembond Pty. Limited GreenGrocer.com.au Pty Ltd	094 773 663 079 889 044
Grocery Wholesalers Pty Ltd	000 013 758
Woolworths Property Double Bay Pty Limited (6)	137 904 048
Hydrogen Nominees Pty Ltd	137 689 224
Hydrox Holdings Pty Ltd	138 990 593
Masters Home Improvement Australia Pty Limited (2)	066 891 307
Masters Installation Pty Limited (3)	149 500 158
Hydrox Nominees Pty Ltd	139 262 123
Carboxy Pty Ltd	138 990 584
Masters Home Improvement New Zealand Limited Danks Holdings Pty Ltd (4)	004 295 532
Homestead Hardware Australasia Pty Ltd	004 069 587
Thrifty-Link Hardware Pty. Ltd.	004 213 996
John Danks and Son Proprietary Limited	004 037 049
Australian Hardware Distributors Pty. Limited	004 809 287
Hammer Hardware Stores Pty Ltd	004 889 598
Blue Mountains Hardware Pty Ltd	131 802 465
Home Hardware Australasia Pty. Ltd. Danks Events Pty Ltd	000 145 228 005 984 654
Jack Butler & Staff Pty. Ltd.	009 957 171
Josona Pty Ltd	002 955 759
Kennedy Corporation Holdings Pty Limited	124 281 269
Kennedy Corporation Pty Limited	124 281 278
V I Packaging Pty Ltd	131 163 927
Vinpac International Pty. Limited	008 266 779
Cellarmaster Wines Pty Limited	076 727 949
Zimi Wines Pty Ltd Winemarket Pty Ltd	134 617 824 130 782 919
Nexday Pty. Limited	006 621 681
Wine IQ Holdings Pty Limited	137 590 455
Langton's Brokerage Pty Ltd (5)	115 229 199
Dorrien Estate Winery Pty Ltd	003 775 139
Cellar Force Pty Ltd	107 876 022
Wine Ark Cellar Club Pty Ltd	087 664 051
Kiaora Lands Pty Limited Langton's Pty Ltd	108 410 402 133 179 656
Leasehold Investments Pty Ltd	009 237 932
Mac's Liquor Stores Pty Limited	009 714 550
Nalos Pty Ltd	002 946 821

Name	ACN (if applicable)
Oxygen Nominees Pty Ltd	135 263 473
Philip Leong Stores Pty Limited	009 718 941
Progressive Enterprises Holdings Limited	113 919 878
Drumstar Pty Ltd	085 415 032
PEH (NZ IP) Pty Ltd	115 841 337
Queensland Property Investments Pty Ltd	009 661 027
Universal Wholesalers Pty Limited	002 213 185
Vincentia Nominees Pty Ltd	137 903 327
Votraint No. 1622 Pty Limited	120 875 309
	007 939 531
Woolies Liquor Stores Pty. Ltd. Woolstar Pty. Limited	008 444 513
	115 987 972
Woolworths (International) Pty Limited
Woolworths (HK) Sales Limited
Woolworths (HK) Procurement Limited Woolworths India Private Limited
Woolworths Wholesale (India) Private Limited Woolworths New Zealand Group Limited
	$\blacksquare$
BWS (2008) Limited	$\overline{\phantom{0}}$
Progressive Enterprises Limited
Caledonian Leasing Limited Countdown Foodmarkets Limited
Foodtown Supermarkets Limited	$\sim$
Fresh Zone Limited
General Distributors Limited S R Brands Limited
Kennedy Corporation Holdings NZ Limited
Kennedy Corporation NZ Limited	$\blacksquare$
New Zealand Wine Cellars Limited
Carter & Associates (2000) Limited
Supervalue/ Freshchoice Limited
The Supplychain Limited
Wholesale Services Limited
Wholesale Distributors Limited	$\blacksquare$
Woolworths (New Zealand) Limited
Woolworths (Project Finance) Pty. Limited	095 449 782
Woolworths (Publishing) Pty Ltd	009 671 149
Woolworths (Q'land) Pty Limited	000 034 819 066 891 245
Woolworths (R & D) Pty Limited
Woolworths (South Australia) Pty Limited	007 873 118 004 177 155
Woolworths (Victoria) Pty Limited
Statewide Independent Wholesalers Limited	009 519 546
Woolworths (W.A.) Pty Limited	008 668 148
Woolworths Australian Communities Foundation Pty Limited	002 885 547
Woolworths Custodian Pty Ltd	002 940 445
Woolworths Executive Superannuation Scheme Pty Limited	009 973 586
Woolworths Group Superannuation Scheme Pty Ltd	010 009 382
Woolworths Insurance Pte Limited	198701430R
Woolworths Management Pty Ltd	116 463 355
Woolworths Properties Pty Limited	000 039 252
Dentra Pty. Limited	088 641 709
Weetah Pty. Limited	009 643 430
QFD Pty. Limited	008 579 664
Woolworths Townsville Nominee Pty Ltd	113 597 434
Woolworths Trust Management Pty Limited	059 357 149
Woolworths Trustee No. 2 Pty Limited	059 357 327

(1) Australian Leisure and Hospitality Group Pty Limited converted from a Limited to a Pty Limited company on 23 December 2010

(2) Changed its name from Shellbelt Pty. Limited on 3 May 2011

J.

(3) Incorporated on 23 February 2011 as Shellbelt Installations Pty Ltd and changed its name on 23 June 2011

(4) Danks Holdings Pty Limited was converted from a Limited to a Pty Limited company on 11 June 2010

(5) Wine IQ Pty Limited changed its name to Langton's Brokerage Pty Ltd on 31 August 2011

(6) Highlands No. 1 Nominees Pty Ltd changed its name to Woolworths Property Double Bay Pty Limited on 31 October 2011

$\mathbb{Z}_2$