SSH Notice – Albany Braithwaite Holdings Limited

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 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX and To Allied Farmers Limited Relevant event being disclosed: Increase in substantial holding in ALF. Date of relevant event: 5 April 2017 Date this disclosure made: 5 April 2017 Date last disclosure made: 15 April 2016 Substantial product holder(s) giving disclosure Full name(s): Albany Braithwaite Holdings Limited Summary of substantial holding Class of quoted voting products: Ordinary Shares Summary for: Albany Braithwaite Holdings Limited For this disclosure,-- (a) total number held in class: 20,206,556 (b) total in class: 161,505,350 (c) total percentage held in class: 12.48% For last disclosure,-- (a) total number held in class: 18,036,556 (b) total in class: 159,185,350 (c) total percentage held in class: 11.33% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: On market acquisition of 1,300,000 ordinary shares between the dates of 26 May 2016 and 26 October 2016, and exercise of 870,000 options on 5 April 2017, for a total consideration of $94,877.70. Details after relevant event Details for Albany Braithwaite Holdings Limited Nature of relevant interest(s): On market and off market acquisition of 2,170,000 ordinary shares for a total consideration of $94,877.70. For that relevant interest,-- (a) number held in class: 20,206,556 (b) percentage held in class: 12.48% (c) current registered holder(s): Albany Braithwaite Holdings Limited (d) registered holder(s) once transfers are registered: n/a For a derivative relevant interest, also-- (a) type of derivative: n.a. (b) details of derivative: n.a. (c) parties to the derivative: n.a. (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: n.a. Additional information Address of substantial product holder(s): Level 3, Woodward House, 1 Woodward Street, WELLINGTON 6011. Contact details: 021 50 88 20, markbenseman@me.com Nature of connection between substantial product holders: n.a. Certification I, Mark Benseman, Director of Albany Braithwaite holdings Limited, 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:00299476 For:ALF Type:SSH Time:2017-04-05 13:30:01