Update on The a2 Milk Company’s shareholding in Synlait

Synlait (NZX: SML; ASX: SM1) wishes to acknowledge The a2 Milk Company's (a2MC) increase in their shareholding of ordinary shares in Synlait Milk Limited. a2MC has today increased their shareholding in ordinary shares of Synlait Milk Limited from 9.11% to 17.39%. The increased investment from a2MC reflects an increasingly close relationship and long-term commitment from both organisations to the continued growth and success of their partnership. End CA:00321696 For:SML Type:GENERAL Time:2018-08-03 14:23:51