SSH – Colonial First State Asset Management (Australia) Ltd

Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX Limited and To The A2 Milk Company Limited Date this disclosure made: 13 January 2017 Date on which substantial holding began: 12 January 2017 Substantial product holder(s) giving disclosure Full name(s): Colonial First State Asset Management (Australia) Limited Summary of substantial holding Class of quoted voting products: Ordinary Shares Summary for Colonial First State Asset Management (Australia) Limited For this disclosure,-- (a) total number held in class: 36,752,078 (b) total in class: 725,620,065 (c) total percentage held in class: 5.065% Details of relevant interests - See attached Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: See Appendix A Additional information Addresses of substantial product holder(s): o Colonial First State Asset Management (Australia) Limited, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW 2000, Australia Contact details: Renato Stupar, +61 (0) 475 945 221, AUSR_SM02041@cba.com.au Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: [not applicable] Certification I, Jeannette Ferguson, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. Appendix A & Appendix B are attached End CA:00295535 For:ATM Type:SSH Time:2017-01-16 08:30:10