SPH Notice – Commonwealth Bank of Australia

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 To NZX LIMITED and To FONTERRA SHAREHOLDERS' FUND Date this disclosure made: 25-May-2018 Date last disclosure made: 23-Nov-2017 Date on which substantial holding ceased: 24-May-2018 Substantial product holder(s) giving disclosure Full name(s): Commonwealth Bank of Australia Summary of previous substantial holding Class of quoted voting products: Ordinary shares Summary for Commonwealth Bank of Australia For last 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% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 6,451,363 (b) total in class: 132,406,572 (c) total percentage held in class: 4.872% Details of transactions and events giving rise to ceasing of substantial holding Details of the 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:00318570 For:FCG Type:SHINTR Time:2018-05-28 13:30:32