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Heytesbury New Substantial Shareholder

Mart 1, 2017

ASX Announcement

Wellard Limited (Wellard, ASX:WLD) welcomes the decision by one of Australia’s largest cattle producers, Heytesbury Pty Ltd, to purchase a significant shareholding in Wellard.

Heytesbury, which is owned by Paul Holmes à Court, lodged a substantial shareholder notice with the ASX today, indicating it had acquired 9.57 per cent of Wellard shares.

“It was welcome news to see such a highly respected businessman with direct and relevant sector experience and investment in beef cattle choosing to invest in Wellard,” said Wellard CEO Mauro Balzarini.

“Heytesbury Cattle Co has supplied Wellard with cattle for a long time, so its management has a strong understanding of both the Wellard business and the opportunities available to it.”

Heytesbury Cattle Co. owns six stations spanning 2.5 million hectares across the Northern Territory and eastern Kimberley region of WA. Among these is the famed Victoria River Downs, which was established in 1883. It runs 160,000 cattle, in total.

For further information:

Investors
CEO, Mauro Balzarini
Phone: + 61 8 9432 2800

Media
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871

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