SPH Notice – Harrigens Trustees Ltd & Matthew John Harrison

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 Turners Automotive Group Limited Relevant event being disclosed: Movement of more than 1% in substantial holding Date of relevant event: 6 June 2018 Date this disclosure made: 8 June 2018 Date last disclosure made: 8 December 2014 (Harrigens Trustees Limited), and 7 October 2016 (Matthew Harrison Disclosure of directors and senior managers relevant interest) Substantial product holder(s) giving disclosure Full name(s): Harrigens Trustees Limited and Matthew John Harrison Summary of substantial holding Class of quoted voting products: Ordinary shares (TRA) Summary for Harrigens Trustees Limited For this disclosure,-- (a) total number held in class: 5,179,294 (b) total in class: 84,802,612 (c) total percentage held in class: 6.107% For last disclosure,-- (a) total number held in class: 44,262,248 (pre 10:1 share consolidation) (b) total in class: 631,496,221 (pre 10:1 share consolidation) (c) total percentage held in class: 7.009% Summary for Matthew Harrison For this disclosure,-- (a) total number held in class: 5,209,294 (b) total in class: 84,802,612 (c) total percentage held in class: 6.143% For last disclosure,-- (a) total number held in class: 5,070,448 (b) total in class: N/A (D&SM notice) (c) total percentage held in class: N/A (D&SM notice) Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: In specie distribution of TRA shares from The Business Bakery L.P. to its limited partners, including of 138,846 TRA shares on transferred to Harrigens Trustees Limited on instruction of Matthew Harrison As previously disclosed in the Directors and Senior Managers Relevant Interests notice dated 7 October 2016, Harrigens Trustees Limited also acquired 169,779 TRA shares for $499,999 on 7 October 2016. The substantial product holders' relevant interest has also been diluted through other TRA share issues since the last disclosure - in other words, the substantial product holders' have not disposed of any TRA shares. Details after relevant event Details for Harrigens Trustees Limited Nature of relevant interest(s): Shares held by Harrigens Trustees Limited as corporate trustee for the Matthew Harrison Investment Trust For that relevant interest,-- (a) number held in class: 5,179,294 (b) percentage held in class: 6.107% (c) current registered holder(s): Harrigens Trustees Limited (d) registered holder(s) once transfers are registered: Not applicable Details for Matthew Harrison Nature of relevant interest(s): Matthew Harrison has the power to exercise, or to control the exercise of, a right to vote attached to the ordinary shares held by Sam Harrison, Matthew Harrison's son For that relevant interest,-- (a) number held in class: 15,000 (b) percentage held in class: 0.018% (c) current registered holder(s): Matthew Harrison (d) registered holder(s) once transfers are registered: Matthew Harrison Details for Matthew Harrison Nature of relevant interest(s): Matthew Harrison has the power to exercise, or to control the exercise of, a right to vote attached to the ordinary shares held by William Harrison, Matthew Harrison's son For that relevant interest,-- (a) number held in class: 15,000 (b) percentage held in class: 0.018% (c) current registered holder(s): Matthew Harrison (d) registered holder(s) once transfers are registered: Matthew Harrison Additional information Address(es) of substantial product holder(s): PO Box 368, Napier, 4140 Contact details: Matthew Harrison, telephone (06) 835 1800 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: The Business Bakery L.P. Disclosure has effect for purposes of directors' and senior managers' disclosure Matthew Harrison is also a director of Turners Automotive Group Limited. This disclosure also constitutes disclosure for the purposes of the directors' and senior managers' disclosure obligations Certification I, Matthew John Harrison, 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:00319107 For:TRA Type:SHINTR Time:2018-06-08 10:58:05