BUSINESS BAKERY DISTRIBUTES TRA SHARES TO ITS PARTNERS

Company Announcement 11 June 2018 BUSINESS BAKERY DISTRIBUTES TURNERS AUTOMOTIVE GROUP SHARES TO ITS PARTNERS Turners Automotive Group Limited (NZX/ASX: TRA) advises that The Business Bakery Limited Partnership has undertaken an in specie distribution of all of its Turners Automotive Group shares and other investments to its limited partners. After the Business Bakery in specie distribution the shareholding of interests associated with Chairman Grant Baker has increased to 6.427% of the shares in Turners, and the shareholding of Interests associated with Director Matthew Harrison has increased to 6.107 % of the shares in Turners. ENDS About Turners Turners Automotive Group Limited is an integrated financial services group, primarily operating in the automotive sector www.turnersautogroup.co.nz . For further information, please contact: Todd Hunter, Chief Executive Officer, Mob: 021 722 818 End CA:00319167 For:TRA Type:SHINTR Time:2018-06-11 12:16:18