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 To NZX Limited; and Name of listed issuer: The Colonial Motor Company Limited Date this disclosure made: 27 March 2017 Date of last disclosure: 01 April 2014 Director or senior manager giving disclosure Full name(s): Denis Michael Wood Name of listed issuer: The Colonial Motor Company Limited Name of related body corporate (if applicable): 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): Non-beneficial For that relevant interest- Number held in class before acquisition or disposal: 9,203 Number held in class after acquisition or disposal: 159,203 Current registered holder(s): Peter Craig Gibbons Registered holder(s) once transfers are registered: Sara D Wood, Denis M Wood, Graeme D Gibbons 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: 22 March 2017 Nature of transaction: Off-market share transfer Name of any other party or parties to the transaction (if known): Peter Craig Gibbons 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: Nil Number of financial products to which the transaction related: 150,000 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-- Not applicable Summary of other relevant interests after acquisition or disposal: Interest 1 Class of quoted financial products: Ordinary shares Nature of relevant interest: Beneficial For that relevant interest,- Number held in class: 20,000 Current registered holder(s): Denis Michael Wood Interest 2 Class of quoted financial products: Ordinary shares Nature of relevant interest: Non-beneficial For that relevant interest,- Number held in class: 9,223 Current registered holder(s): D M Wood, S D Wood, J T Wood End CA:00298920 For:CMO Type:RELINT Time:2017-03-28 08:37:15