Amended SPH Notice – HB Holdings Limited

Please note that there are amendments on the number of shares and share holdings percentage on Tourism Holdings Limited (NZX Code: THL) by HB Holdings Limited on the previous submitted form on 28th October 2017. Please find attached an amended substantial product holder disclosure. 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 Tourism Holdings Ltd Relevant event being disclosed: Movement of 1% or more in substantial holding Date of relevant event: October 27th, 2017 Date this disclosure made: October 28th, 2017 Date last disclosure made: October 17th, 2017 Substantial product holder(s) giving disclosure Full name(s): HB Holdings Limited Summary of substantial holding Class of quoted voting products: Ordinary Shares (NZX Code: THL) Summary for HB Holdings Limited For this disclosure,-- (a) total number held in class: 13,479,390 (b) total in class: 121,001,202 (c) total percentage held in class: 11.140% For last disclosure,-- (a) total number held in class: 8,890,894 (b) total in class: 121,001,202 (c) total percentage held in class: 7.348% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: From October 16th 2017 to October 27th 2017, HB Holdings Limited acquired an additional 4,588,496 ordinary shares for aggregate consideration of NZD $22,206,821.18 through on market purchases. Details after relevant event Details for HB Holdings Limited Nature of relevant interest(s): Registered holder and beneficial owner of securities. No relevant agreement document needs to be attached under regulation 139. For that relevant interest,-- (a) number held in class: 13,479,390 (b) percentage held in class: 11.140% (c) current registered holder(s): Unknown (d) registered holder(s) once transfers are registered: HB Holdings Limited Additional information Address(es) of substantial product holder(s): PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands Contact details: Dennis Wu, (852) 3710 6810, dennispwu@citiccapital.com 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: N/A Certification I, Dennis Wu, 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:00310302 For:THL Type:SHINTR Time:2017-11-15 08:30:22