Adslot : Change in substantial holding – Morris

To Company Name Adslot Ltd

1. Details of substantial holder (1)

   Name Chris Morris

   ACN/ARSN (if applicable)

   There was a change in the interests of the substantial holder on	08/09/2016
   The previous notice was given to the company on	20/04/2016
   The previous notice was dated	20/04/2016

2. Previous and present voting power

   Class of securities (4)	Previous notice		Present notice
   	Person's votes	Voting power (5)	Person's votes	Voting power (5)
   Fully paid ordinary shares	67,626,081	6.06%	56,055,375	5.00%

   The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

3. Changes in relevant interests

   Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
   19/08/2016	Finico Pty Ltd	On Market Sale	$285,000.00	1,900,000 shares	1,900,000
   22/08/2016	Finico Pty Ltd	On Market Sale	$203,865.28	1,318,116 shares	1,318,116
   26/08/2016	Finico Pty Ltd	On Market Sale	$174,261.65	1,193,791 shares	1,193,791
   29/08/2016	Finico Pty Ltd	On Market Sale	$584.25	3,895 shares	3,895
   01/09/2015	Finico Pty Ltd, Colonial Leisure Group Pty Ltd & Mr Chris Morris	Dilution from issue of 3,424,524 shares upon the vesting of Performance Rights	Nil	63,210,279 shares	63,210,279
   06/09/2016	Finico Pty Ltd	On Market Sale	$416,366.73	3,084,198 shares	3,084,198
   07/09/2016	Finico Pty Ltd	On Market Sale	$145,125.00	1,075,000 shares	1,075,000
   08/09/2016	Finico Pty Ltd	On Market Sale	$404,420.31	2,995,706 shares	2,995,706

   Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

4. Present relevant interests

   Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

   Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
   Chris Morris	Finico Pty Ltd	Finico Pty Ltd	Owned by Chris Morris	37,648,796	37,648,796
   Chris Morris	Colonial Leisure Group Pty Ltd	Colonial Leisure Group Pty Ltd	Owned by Chris Morris	1,982,052	1,982,052
   Chris Morris	Invia Custodian Pty Limited	Invia Custodian Pty Limited	Owned by Chris Morris	9,179,849	9,179,849
   Chris Morris	HSBC Custody Nominees (Australia) Ltd	Finico Pty Ltd	Owned by Chris Morris	5,929,294	5,929,294
   Chris Morris	Chris Morris	Chris Morris	Registered holder of shares	1,315,384	1,315,384

5. Changes in association

   The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

   Name and ACN/ARSN (if applicable)	Nature of association
   N/A

6. Addresses

The addresses of persons named in this form are as follows:

print name Chris Morris capacity

1. If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

2. See the definition of "associate" in section 9 of the Corporations Act 2001.

3. See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

4. The voting shares of a company constitute one class unless divided into separate classes.

5. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

6. Include details of:

7. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

8. any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

   See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

9. Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

10. If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown'".

11. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.