Amended SPH Notice – The a2 Milk Company (New Zealand) Ltd

This notice has been amended due to a typo in the details of the transaction. 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 Synlait Milk Limited (NZX: SML) ("SML") Relevant event being disclosed: Change in the nature of relevant interest Date of relevant event: 10 August 2018 Date this disclosure made: 10 August 2018 Date last disclosure made: 3 August 2018 Substantial product holder(s) giving disclosure Full name(s): The a2 Milk Company (New Zealand) Limited ("a2MC NZ") Summary of substantial holding Class of quoted voting products: Ordinary shares in SML Summary for a2MC NZ For this disclosure,-- (a) total number held in class: 31,174,646 (b) total in class: 179,223,028 (c) total percentage held in class: 17.394% For last disclosure,-- (a) total number held in class: 31,174,646 (b) total in class: 179,223,028 (c) total percentage held in class: 17.394% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: On 3 August 2018, The a2 Milk Company Limited entered into an agreement with Mitsui & Co., Ltd ("Mitsui") and Mitsui & Co. (Australia) Limited ("Mitsui Australia") to acquire, through its wholly-owned subsidiary, a2MC NZ, 14,840,527 fully paid ordinary shares in SML for $10.90 per share ("Agreement"). Settlement has now occurred in respect of those ordinary shares in SML held by Mitsui and Mitsui Australia. A copy the Agreement was attached to a previous disclosure made on 3 August 2018. Details after relevant event Details for a2MC NZ Nature of relevant interest(s): Beneficial owner of ordinary shares in SML. For that relevant interest,-- (a) number held in class: 31,174,646 (b) percentage held in class: 17.394% (c) current registered holder(s): JBWere (NZ) Nominees Limited (d) registered holder(s) once transfers are registered: Not applicable For a derivative relevant interest, also-- (a) type of derivative: Not applicable (b) details of derivative: Not applicable (c) parties to the derivative: Not applicable (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable Additional information Address(es) of substantial product holder(s): Level 4, 182 Blues Point Road, McMahons Point, NSW 2060 Contact details: Jaron McVicar, jaron.mcvicar@a2milk.com, + 61 2 9697 7000 Nature of connection between substantial product holders: Not applicable 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: Mitsui & Co., Limited and Mitsui & Co. (Australia) Limited. Certification I, Jaron McVicar, 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:00322038 For:SML Type:SHINTR Time:2018-08-10 11:32:46