Microsoft Word - 20150908 Resignation of Director ASX ANNOUNCEMENT RESIGNATION OF DIRECTOR GOLD COAST, 8 September, 2015: Billabong International Limited ("Billabong" or the "Group") has received the resignation of Director, Matthew Wilson. Mr Wilson has decided to resign due to a potential conflict in Oaktree's investment portfolio. Thomas Casarella as an Alternate Director for Mr Wilson has therefore also resigned.

"On behalf of my fellow Directors I would like to acknowledge and thank Matthew Wilson for his contribution," said Billabong Chairman Dr Ian Pollard. "Having joined the Board in November of 2013, Mr Wilson steps down with Billabong having just reported its first full-year profit in five years."
"Mr Wilson and Oaktree are strong supporters of Billabong's turnaround strategy, which the
Board and the Group remain focused on implementing," said Dr Pollard.
For media and investor related queries please contact Chris Fogarty on +61 420 928 824 or email: Chris.Fogarty@billabong.com.au.

TRACEY WOOD

COMPANY SECRETARY

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