SPH Notice – Bowker Holdings 99 Limited

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX Limited and To TIL Logistics Group Limited (NZX:TLL) Date this disclosure made: 30 November 2018 Date last disclosure made: 10 October 2018 Date on which substantial holding ceased: 30 November 2018 Substantial product holder(s) giving disclosure Full name(s): Bowker Holdings 99 Limited Summary of previous substantial holding Class of quoted voting products: Ordinary shares Summary for Bowker Holdings 99 Limited For last disclosure,-- (a) total number held in class: 66,665,849 (b) total in class: 82,507,548 (c) total percentage held in class: 78.376% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 0 (b) total in class: 85,174,215 (c) total percentage held in class: 0% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: On 30 November 2018 Bowker Holdings 99 Limited undertook an in specie distribution to its shareholders of all of the ordinary shares held by Bowker Holdings 99 Limited in TIL Logistics Group Limited. As a result, Bowker Holdings 99 Limited no longer holds any ordinary shares in TIL Logistics Group Limited. Additional information Address(es) of substantial product holder(s): 330 Devon Street East, New Plymouth, 4310 Contact details: Jim Ramsay, (06) 755 9990, jim.ramsay@til.kiwi 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: TIL Logistics Group Limited; Hooker Bros. Investments Limited; Hooker Bros (1989) Limited; James Ramsay, Nerida Joy Ramsay and RMY Trustees (2010) Limited; Gregory Peter Whitham; Alan Paul Terris; Kevin Garnet Smith; Kaylene Stewart, Larry Stewart and SR Taranaki Trustees Limited. Certification I, James Ramsay, 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:00327698 For:TLL Type:SHINTR Time:2018-12-03 08:30:38