SSH Notice – Perpetual Limited and subsidiaries

Form 605_NZ.doc
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To: NZX
and
To: THE A2 MILK COMPANY

Date this disclosure made: 31/03/2017
Date last disclosure made: 23/02/2017
Date on which substantial holding ceased: 29/03/2017
Substantial product holder(s) giving disclosure
Full name(s): PERPETUAL LIMITED and subsidiaries
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares

Summary for: PERPETUAL LIMITED and subsidiaries

For last disclosure,—

(a) total number held in class: 36,384,117

(b) total in class: 716,938,815

(c) total percentage held in class: 5.08%

For current holding after ceasing to have substantial holding,—

(a) total number held in class: 33,040,870

(b) total in class: 716,938,815

(c) total percentage held in class: 4.61%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: REFER TO ANNEXURES
Additional information
Address(es) of substantial product holder(s): PO BOX 4171, SYDNEY 2000, AUSTRALIA
Contact details: Glenda Charles, 612 9229 9134, gcharles@perpetual.com.au
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: N/A
Certification
I, Glenda Charles, 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.

ANNEXURE 1 - Perpetual Investments Account Codes & Details
Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, as Responsible Entity for:
INTERNAL CODEREGISTRATION DETAILS
2089
RBC Investor Services Australia Nominees Pty Limited
<PICREDIT>
GPO Box 5430 Sydney NSW 2001
650
RBC Investor Services Australia Nominees Pty Limited <PIIC A/C>
GPO Box 5430 Sydney NSW 2001
651
RBC Investor Services Australia Nominees Pty Limited <PIIC A/C>
GPO Box 5430 Sydney NSW 2001
17
RBC Investor Services Australia Nominees Pty Limited
<PISELECT>
GPO Box 5430, Sydney NSW 2001
33
RBC Investor Services Australia Nominees Pty Limited
<PISELECT>
GPO Box 5430, Sydney NSW 2001
654
RBC Investor Services Australia Nominees Pty Limited
<PISELECT>
GPO Box 5430, Sydney NSW 2001
2130
RBC Investor Services Australia Nominees Pty Ltd
<BKCUST A/C>
GPO Box 5430 Sydney NSW 2001
118
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
2086
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
2093
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
2124
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
2125
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
2127
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
2128
RBC Investor Services Australia Nominees Pty Ltd
<PI CREDIT A/C>
GPO Box 5430 Sydney NSW 2001
This is Annexure 1 Page 1 of 6 referred to in Form 605

26
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
106
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
133
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
212
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
323
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
649
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
652
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
653
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
669
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
670
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
695
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
774
RBC Investor Services Australia Nominees Pty Ltd
<PI POOLED A/C>
GPO Box 5430 Sydney NSW 2001
139
RBC Investor Services Australia Nominees Pty Ltd
<PIQTE2 A/C>
GPO Box 5430 Sydney NSW 2001
2095
RBC Investor Services Australia Nominees Pty Ltd
GPO Box 5430 Sydney NSW 2001
855
RBC Investor Services Australia Nominees Pty Ltd
GPO Box 5430 Sydney NSW 2001
This is Annexure 1 Page 2 of 6 referred to in Form 605

44
UBS Nominees Pty Ltd
Level 16 Chifley Tower
2 Chifley Square
Sydney NSW 2000
108
UBS Nominees Pty Ltd
Level 16, Chifley Tower
2 Chifley Square
Sydney NSW 2000
414
UBS Nominees Pty Ltd
Level 16 Chifley Tower
2 Chifley Square
Sydney NSW 2000
696
UBS Nominees Pty Ltd
Level 16 Chifley Tower
2 Chifley Square
Sydney NSW 2000
941
UBS Nominees Pty Ltd
Level 16 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, as Trustee for:
ALL 'SS' CODES
RBC Investor Services Australia Nominees Pty Ltd
ACF: PIML (Select Super)
RBC Dexia Investor Services Australia Pty Limited
GPO Box 5430 Sydney NSW 2001
Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, under Investment Management Agreements with:
INTERNAL CODEREGISTRATION DETAILS
227
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
248
BNP Paribas Noms Pty Ltd
P.O. Box R209 Royal Exchange
Sydney NSW 1225
702
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
740
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
786
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
2085
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
2122
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
This is Annexure 1 Page 3 of 6 referred to in Form 605

2131
BNP Paribas Nominees Pty Ltd
PO Box R209 Royal Exchange
NSW 1225
220
Citicorp Nominees Pty Ltd
GPO Box 764G
Melbourne VIC 3001
221
Citicorp Nominees Pty Ltd
GPO Box 764G
Melbourne VIC 3001
222
Citicorp Nominees Pty Ltd
GPO Box 764G
Melbourne VIC 3001
224
Citicorp Nominees Pty Ltd
GPO Box 764G
Melbourne VIC 3001
2163
Citicorp Nominees Pty Ltd
GPO Box 764G
Melbourne VIC 3001
194
Northern Trust Company Melbourne Branch: HSBC Custody
Nominees (Australia) Limited
GPO Box 5302
Sydney NSW 2001
779
HSBC Custody Nominees (Australia) Limited
GPO Box 5302
Sydney NSW 2001
2101
HSBC Custody Nominees (Australia) Limited
GPO Box 5302
Sydney NSW 2001
2152
Northern Trust Company Melbourne Branch: HSBC Custody
Nominees (Australia) Limited
GPO Box 5302
Sydney NSW 2001
2161
HSBC Custody Nominees (Australia) Limited
GPO Box 5302
Sydney NSW 2001
2172
HSBC Custody Nominees (Australia) Limited
GPO Box 5302
Sydney NSW 2001
210
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
215
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
230
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
This is Annexure 1 Page 4 of 6 referred to in Form 605

231
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
392
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
394
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
449
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
773
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
788
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
791
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
2100
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
2166
JPMorgan Nominees Australia Limited
Locked Bag 20049
Melbourne VIC 3001
711
National Nominees Pty Ltd
PO Box 1406
Melbourne VIC 3001
787
National Nominees Pty Ltd
PO Box 1406
Melbourne VIC 3001
2083
National Nominees Pty Ltd
PO Box 1406
Melbourne VIC 3001
2097
National Nominees Pty Ltd
PO Box 1406
Melbourne VIC 3001
2160
National Nominees Pty Ltd
PO Box 1406
Melbourne VIC 3001
Perpetual Trustee Company Limited as trustee, custodian or nominee
INTERNAL CODEREGISTRATION DETAILS
T2
Perpetual Trustee Company Limited
GPO Box 4172 Sydney NSW 2001
This is Annexure 1 Page 5 of 6 referred to in Form 605

T3
The Trust Company Limited
GPO Box 4270 Sydney NSW 2001
T4
Perpetual Trustee Company Limited
GPO Box 4172 Sydney NSW 2001
T6
Perpetual Trustee Company Limited
GPO Box 4172 Sydney NSW 2001
T7
Perpetual Trustee Company Limited
GPO Box 4172 Sydney NSW 2001
This is Annexure 1 Page 6 of 6 referred to in Form 605

ANNEXURE 2
CHANGES IN RELEVANT INTERESTS
AccountSecurityVolumeValueAsAtDate
786A2M52,094- 138,341 29/03/2017
786A2M140,209- 377,380 29/03/2017
786A2M20,203- 54,515 28/03/2017
786A2M47,460- 127,850 27/03/2017
786A2M81,245- 212,640 23/03/2017
786A2M114,471- 290,677 21/03/2017
786A2M114,471- 290,905 21/03/2017
2127A2M18,296- 49,374 28/03/2017
2127A2M38,520- 103,783 27/03/2017
17A2M19,115 48,820 22/03/2017
2127A2M200,000- 523,514 23/03/2017
17A2M98,139 248,849 21/03/2017
17A2M54,547 139,123 21/03/2017
17A2M1,167 2,972 21/03/2017
786A2M47,007 109,236 10/03/2017
786A2M34,580 77,064 08/03/2017
2127A2M400,000 898,478 03/03/2017
786A2M168,258 368,739 02/03/2017
786A2M15,722 34,507 02/03/2017
786A2M37,614 84,018 24/02/2017
786A2M5,088 11,295 23/02/2017
786A2M77,926 170,143 22/02/2017
786A2M103,900 226,292 22/02/2017
786A2M12,988 28,299 22/02/2017
786A2M25,975 56,450 22/02/2017
2160A2M13,000- 34,527 29/03/2017
2160A2M34,989- 94,185 29/03/2017
2160A2M41,477- 111,932 28/03/2017
2160A2M47,050- 126,765 27/03/2017
2160A2M84,686- 221,671 23/03/2017
2160A2M232,800- 591,216 21/03/2017
2160A2M232,800- 591,703 21/03/2017
2160A2M65,009 144,861 08/03/2017
2161A2M5,848- 15,532 29/03/2017
2161A2M15,740- 42,370 29/03/2017
2161A2M1,137- 3,068 28/03/2017
2161A2M2,219- 5,979 27/03/2017
2161A2M2,835- 7,421 23/03/2017
2161A2M7,026- 17,843 21/03/2017
2161A2M7,026- 17,858 21/03/2017
2161A2M8,417 18,756 08/03/2017
653A2M130,000- 345,268 29/03/2017
653A2M127,358- 338,251 29/03/2017
653A2M349,894- 941,864 29/03/2017
653A2M342,785- 922,727 29/03/2017
653A2M49,948- 134,792 28/03/2017
653A2M51,021- 137,688 28/03/2017
This is annexure 2 Page 1 of 3 referred to in Form 605

653A2M109,996- 296,357 27/03/2017
653A2M119,495- 321,938 27/03/2017
653A2M195,402- 511,478 23/03/2017
653A2M200,000- 523,514 23/03/2017
653A2M291,000- 739,021 21/03/2017
653A2M281,461- 714,795 21/03/2017
653A2M291,000- 739,629 21/03/2017
653A2M281,461- 715,383 21/03/2017
653A2M155,546- 377,862 14/03/2017
653A2M111,513 259,108 10/03/2017
653A2M69,535 154,946 08/03/2017
653A2M396,252 868,293 02/03/2017
653A2M37,026 81,253 02/03/2017
653A2M92,763 207,180 24/02/2017
2166A2M130,000- 345,268 29/03/2017
2166A2M349,894- 941,864 29/03/2017
2166A2M30,670- 82,767 28/03/2017
2166A2M115,590- 311,429 27/03/2017
2166A2M62,314- 163,111 23/03/2017
653A2M6,311 14,008 23/02/2017
653A2M191,172 417,357 22/02/2017
653A2M824,370 1,799,725 22/02/2017
2166A2M48,211 107,430 08/03/2017
653A2M1,099,159 2,393,589 22/02/2017
653A2M254,896 555,076 22/02/2017
653A2M137,395 299,363 22/02/2017
653A2M31,862 69,422 22/02/2017
653A2M274,790 597,189 22/02/2017
2166A2M486,945 1,067,025 02/03/2017
653A2M63,724 138,489 22/02/2017
2166A2M45,500 99,849 02/03/2017
2166A2M300,000 654,945 22/02/2017
2166A2M400,000 871,062 22/02/2017
2166A2M50,000 108,942 22/02/2017
2166A2M100,000 217,326 22/02/2017
2172A2M52,000- 138,092 29/03/2017
2172A2M139,958- 376,690 29/03/2017
2172A2M18,296- 49,369 28/03/2017
2172A2M63,000- 164,888 23/03/2017
2172A2M60,000- 152,358 21/03/2017
2172A2M60,000- 152,478 21/03/2017
2172A2M50,000- 121,300 17/03/2017
2172A2M25,732 57,346 08/03/2017
695A2M449,152- 1,192,907 29/03/2017
695A2M1,208,890- 3,254,156 29/03/2017
2097A2M40,548- 107,692 29/03/2017
2097A2M109,134- 293,773 29/03/2017
2097A2M15,722- 42,428 28/03/2017
2097A2M36,965- 99,589 27/03/2017
695A2M159,806- 431,260 28/03/2017
695A2M351,908- 948,129 27/03/2017
695A2M447,165- 1,170,485 23/03/2017
2097A2M63,353- 165,831 23/03/2017
This is annexure 2 Page 2 of 3 referred to in Form 605

2172A2M208,691 457,348 02/03/2017
2172A2M19,500 42,799 02/03/2017
695A2M924,174- 2,347,022 21/03/2017
2097A2M89,068- 226,196 21/03/2017
695A2M924,174- 2,348,954 21/03/2017
2097A2M89,068- 226,382 21/03/2017
2172A2M45,882 100,179 22/02/2017
2172A2M61,177 133,242 22/02/2017
2172A2M7,647 16,662 22/02/2017
2172A2M15,294 33,238 22/02/2017
695A2M236,036 525,964 08/03/2017
2097A2M36,557 84,943 10/03/2017
2097A2M27,118 60,428 08/03/2017
2097A2M131,126 287,332 02/03/2017
2097A2M12,252 26,887 02/03/2017
2097A2M29,623 66,161 24/02/2017
2097A2M4,217 9,360 23/02/2017
2097A2M60,650 132,408 22/02/2017
2097A2M80,868 176,103 22/02/2017
2097A2M10,108 22,024 22/02/2017
2097A2M20,217 43,937 22/02/2017
This is annexure 2 Page 3 of 3 referred to in Form 605