SPH Notice – Commonwealth Bank of Australia

Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To NZX LIMITED and To FONTERRA SHAREHOLDERS' FUND Date this disclosure made: 23-Nov-2017 Date on which substantial holding began: 22-Nov-2017 Substantial product holder(s) giving disclosure Full name(s): Commonwealth Bank of Australia Summary of substantial holding Class of quoted voting products: Ordinary shares Summary for Commonwealth Bank of Australia For this disclosure,-- (a) total number held in class: 6,723,666 (b) total in class: 132,520,582 (c) total percentage held in class: 5.074% Details of relevant interests Details for Avanteos Investments Limited ACN 096 259 979 (a) Nature of relevant interest(s): Relevant arising as a result of being the registered holder of the relevant securities in its capacity as a superannuation trustee and in its capacity as administrator of managed accounts. (b) number held in class: 7,170 (c) percentage held in class: 0.005% Please see attached table. Details for ASB Bank Limited ACN 398445 (a) Nature of relevant interest(s): Relevant interest as a result of having the power to control the voting and disposal of the securities in its capacity as the provider of a discretionary investment management service. (b) number held in class: 32,807 (c) percentage held in class: 0.025% Please see attached table. Details for ASB Group Investments Limited Company Number 533945 (a) Nature of relevant interest(s): Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager, as provided for under its investment mandates, as a life company holding statutory funds and as the responsible entity or manager of a managed investment scheme. (b) number held in class: 1,038,336 (c) percentage held in class: 0.784% Please see attached table. Details for Colonial First State Asset Management (Australia) Limited ACN 114 194 311 (a) Nature of relevant interest(s): Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as investment manager (as provided for under its investment mandates). (b) number held in class: 5,139,085 (c) percentage held in class: 3.878% Please see attached table. Details for Colonial First State Investments Limited ACN 002 348 352 (a) Nature of relevant interest(s): Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which managed investment scheme is not managed by Colonial First Statement Investments Limited or a related body corporate). (b) number held in class: 506,268 (c) percentage held in class: 0.382% Please see attached table. Details of transactions and events giving rise to substantial holding Details of transactions or other events requiring disclosure: See Appendix A Additional information Address(es) of substantial product holder(s): * Avanteos Investments Limited ACN 096 259 979, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia * ASB Bank Limited ACN 398445, Level 2, ASB North Wharf, 12 Jellicoe Street, Auckland, 1010 , New Zealand * ASB Group Investments Limited Company Number 533945, Level 2, ASB North Wharf, 12 Jellicoe Street, Auckland, 1010 , New Zealand * Colonial First State Asset Management (Australia) Limited ACN 114 194 311, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia * Colonial First State Investments Limited ACN 002 348 352, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia * Commonwealth Bank of Australia, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia Contact details: Anitha Subramanian, +61 (0) 457 529 297, AUSR_SM02041@cba.com.au *Nature of connection between substantial product holders: Commonwealth Bank of Australia is a related body corporate of Avanteos Investments Limited ACN 096 259 979 ASB Bank Limited ACN 398445 ASB Group Investments Limited Company Number 533945 Colonial First State Asset Management (Australia) Limited ACN 114 194 311 Colonial First State Investments Limited ACN 002 348 352 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, Clare McManus, 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:00310852 For:FSF Type:SHINTR Time:2017-11-23 17:11:16