Change in director’s on-going interests

Ongoing Disclosure Notice Disclosure of Directors and Senior Managers Relevant Interests Sections 297(2) and 298(2), Financial Markets Conduct Act 2013 To NZX Limited; and Name of listed issuer: The Colonial Motor Company Limited Date this disclosure made: 26 September 2018 Date of last disclosure: 01 March 2017 Director or senior manager giving disclosure Full name(s): Stuart Barnes Gibbons Name of listed issuer: The Colonial Motor Company Limited Position held in listed issuer: Director Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: Ordinary shares Nature of the affected relevant interest(s): Beneficial For that relevant interest- Number held in class before acquisition or disposal: 1,677,507 Number held in class after acquisition or disposal: 1,697,507 Current registered holder(s): Not known Registered holder(s) once transfers are registered: Anne Drayson Gibbons & Stuart Barnes Gibbons & Leanne Barnes Rogerson Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates: 2 Details of transactions requiring disclosure- Date of transaction: 21 September 2018 Nature of transaction: On-market purchases Name of any other party or parties to the transaction (if known): Not known The consideration, expressed in New Zealand dollars, paid or for the acquisition: $8.175 per share Number of financial products to which the transaction related: 20,000 Summary of other relevant interests after acquisition or disposal: Interest 1 Class of quoted financial products: Ordinary shares Nature of relevant interest: Non-beneficial For that relevant interest,- Number held in class: 176,087 Current registered holder(s): Joanna Hope Smith & Anita Forbes Peake & Stuart Barnes Gibbons Interest 2 Class of quoted financial products: Ordinary shares Nature of relevant interest: Beneficial For that relevant interest,- Number held in class: 233,071 Current registered holder(s): Stuart Barnes Gibbons End CA:00324420 For:CMO Type:SHINTR Time:2018-09-26 11:12:55