SSH Notice – Colonial First State Asset Management

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, Financial Markets Conduct Act 2013 To NZX LIMITED and To The A2 Milk Company Limited Relevant event being disclosed: movement of 1% or more in the substantial holding Date of relevant event: 8 February 2017 Date this disclosure made: 9 February 2017 Date last disclosure made: 13 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: 46,289,905 (b) total in class: 725,620,065 (c) total percentage held in class: 6.379 For last 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 transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: See Appendix A Details after relevant event (see attached) Additional information Address(es) of substantial product holder(s): 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. End CA:00296551 For:ATM Type:SSH Time:2017-02-09 15:51:50