SPH Notice – Legg Mason Asset Management Australia Limited

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1
Disclosure of beginning to have substantial holding
Section 276, 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 Fonterra Shareholders’ Fund
Date this disclosure made: 6 June 2018
Date on which substantial holding began:4 June 2016
Substantial product holder(s) giving disclosure
Full name(s): Legg Mason Asset Management Australia Limited
Summary of substantial holding
Class of quoted voting products: ordinary shares
Summary for substantial product holder(s) refer to Annexure A
For this disclosure,—
(a) total number held in class: 6,435,269
(b) total in class: 125,939,380
(c) total percentage held in class: 5.10%
Details of relevant interests
Details for substantial product holder(s) refer to Annexure A
Nature of relevant interest(s): register and beneficial holder (refer to Annexure A)
For that relevant interest,—
(a) number held in class: refer to Annexure A
(b) percentage held in class: refer to Annexure A
(c) current registered holder(s): refer to Annexure A
(d) registered holder(s) once transfers are registered: refer to Annexure A
For a derivative relevant interest, also—
(a) type of derivative: N/A
(b) details of derivative: N/A

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(c) parties to the derivative:
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative:
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: refer to Annexure B
Additional information
Address(es) of substantial product holder(s): Level 47, 120 Collins Street, MELBOURNE
VICTORIA, AUSTRALIA 3000
Contact details: Legg Mason Asset Management Australia Limited
Quirino Lupo rlupo@leggmason.com
Ph: +61 3 9017 8600

Nature of connection between substantial product holders: Each of the bodies corporate
referred to in Annexure A is a related body corporate of Legg Mason Asset
Management Australia Limited.
Certification
I, Quirino Lupo, 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.