Change in director’s relevant interest

Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 Name of listed issuer: The Colonial Motor Company Limited Date this disclosure made: 27 February 2017 Date of last disclosure: 29 November 2016 Director or senior manager giving disclosure Full name: Matthew James Newman Name of listed issuer: The Colonial Motor Company Limited Name of related body corporate (if applicable): n/a Position held in listed issuer: Director Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Ordinary shares Nature of the affected relevant interest(s): Beneficial For that relevant interest- Number held in class before acquisition or disposal: 7,500 Number held in class after acquisition or disposal: 10,000 Current registered holder(s): Not known Registered holder(s) once transfers are registered: Matthew James Newman Summary of acquisition or disposal of specified derivatives relevant interest (if applicable) - Not applicable Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates: One Details of transactions requiring disclosure- Date of transaction: 27 February 2017 Nature of transaction: On-market purchase Name of any other party or parties to the transaction (if known): Not known The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot readily be converted into a cash value, describe the consideration: $7.50 per share Number of financial products to which the transaction related: 2,500 If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details-- n/a Summary of other relevant interests after acquisition or disposal: None End CA:00297470 For:CMO Type:RELINT Time:2017-02-27 15:16:59