Boart Longyear: Change in substantial holding

Arnold Bloch Leibler

Lawyers and Advisers

Attention Company

Fax No. 1300135638

Contact

Direct 61 3 9229 9818

Facsimile KPerta@abl. com. au

Level 21

333 Collins Street Melbourne V1ctor1a 3000 Australia

DX38455 Melbourne www.abl.com.au

Telephone

61 3 9229 9999

Facsi mil e

61 3 9229 9900

From Date Subject

ab

27/09/2017 11:09:06 AM

Total pages 7

MELBOURNE

SYDNEY

61 3 9229 9999.

This facsimile contains privileged and confident1a 1nformallon intended orJy for the addressee

Ifyou are not the addressee, or the person respons1t:1e for del1venng 11 to the addressee, you may not copy or deliver this

facsimile to anyone el se or use or disseminate any

of the 1nformat1on contained 1n this facsimile

Ifyou receive this facs1m1l e by mistake, please notify us 1mmed1ately by 18 ephone and

return the original facsimile and ell copies thereof to us by post

We Will reimburse any reasonable costs you incur in notifying us and

in returning the facsimile to us

Thank you

Arnold Bloch Leibler

Lawyers and Advisers

Facsimile

Attention

Company ASX

Fax No. 1300 135 638

From Emma Ferguson

Date 27 September 2017

Subject Form 604

Ascribe II Investments LLC

Total pages 6

Our Ref ELF MD File No. 011902142

Contact

Emma Ferguson

Direct 61 3 9229 9873

Facsimile 61 3 9229 9900

eferguson@ab!.com.au

Partner

Michael Dodge

Direct 61 3 9229 9649

mdodge@abl.com.au

Level 21

333 Collins Street Melbourne Victoria 3000 Australia

DX38455 Melbourne

www.abl.com.au

Telephone

61 3 9229 9999

Facsimile

61 3 9229 9900

-­

MELBOURNE SYDNEY

Yours sincerely Arnold Bloch Leibler

I

mma Ferguson Lawyer

P:PrecTemplate 201Oabl corrmelabl mel fax.dotm

If you do not receive this message In full, please notify by telephoning

61 3 9229 9999.

This facsimile contains privileged and confidential information intended only for the addressee.

If you are not the addressee, or the person responsible for delivering it to the addressee, you may not copy or deliver this

facsimile to anyone else or use or disseminate any

of the information cor,tained in !his facsimile.

If you receive this facsimile by mistake, please notify us immediately by telephone and

return the original facsimile and all copies thereof to us Dy post

We will reimburse any reasonable costs you incur in notifying us and

in returning the facsimile to us.

Thank you.

Form 604

Corporations Act 2001

Section 67 IB

Notice of change of interests of substantial holder

To Company Name/Scheme Boar! Longyear Lim ited (BLY) ACN/ARSN 123 052 728

1. Deta i ls of substan tial holder(!)

Name Ascri be I I Investments LLC and the other entitles listed in Annexure A (together the Substantial 1-loldcrs)

ACN/ARSN (i f appl icable) NIA

The tota! nun1bcr of votes ttlttlchcd to al! the voting slrnres in the company or voting interests !n the scheme that the substantial holder or an associate (2)

had a relevant interest (3) in when li1st required, and when now required, to give a substantial holding notice to the company or sche1ne, are as follows:

3. Cha nges i n releva nt i nterests

Partictilars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of thc company or scheme, since the substantial holder was last req uired to give a substantial holding notice to the company or scheme arc as IO!lows:

604 (I e 2 of 5 - 1S Jul 2001

l loldc1·s lisl'

items to 6 or

····-"·-·--- .!i:!

S11hstantial On market disposal or A$0.0, 20 Holders l1 1cd in sh;ircs share items I In 6 of

1 9-Scp·I ?.. .. Anncxurc_/ --

·Onlim11)' Shares

)07,65

Ordinary Shares

307 ,654

Subsllln1ial On nrnrkcl dispos1il or' A$0 (400 per

Holders l bCil in shares shMc

items I to 6 of

I O-Sc11.:..!_? Ac"c"aa''"aaA --+

1 ,299,565

Ordinary Shares 1,299.565

Subsrnntiril

l-loldcrs lilcitems 1 ln 6 ()(' Anncxurc A

Exercise or Class A ?%, Warrants i i1cd rn1dc1 the Unsecured Crediwr's Scheme

US$0.006 pc1

warrn11L

Cashless cxcrcic ()[" warrnn1s In

accon.lancc wi1h

!lw 7% Varrnn1 l)ccd P1ill u11dcr the Unscc!rcd ('rcdllor's

59!,971 ,'1!7

Ordi1m1y Shnrcs

591 ,971 ,

···--· 25-S 7 . --··--- --+--··----·--·· --· Scheme

-·-- 25·S- I 7

$11bs!flnlinl

!!nldcrs l istcd in items ! to 6 of 1nncxrnc A

Fxl'rcisc of Class B 7Q/o

Vllrrnllls issued under the Unsccurnd Crcditnl''s Sd1crnc

usso.010 per w.irrnnt.

Casilles.

cxe1cisc of warrnnts in ac7% Wn1'1'tlll! Deed Poll undct the UnCreditor's

Sci--

207,!82,,!91

Ordinary Slrnrcs 207,!182,•191

l

l

Particular. of each 1dcvnn1 interest ol" the suhsl,mtial i()ldcr in 'O!i11g se,·urili'S n ilL'f t he ch.inue are as follows:

!IO!dc1-or - ---· 1 -1f-;;g11 1Jh(lk!c71 Pc1 son cnltllcd w

1clc ant mtc1cs! ol scc111 tt1cs l)c 1 ce1 tcrcd

,IS

N,\w of rclant [Clns and

1ntcn:st (6) number of

Person 's otcs

_ _ _ _ _ ho!dcr (8)

[

_ ------···- sccurilics

_ _ __

Sc 1111:.1?2-rn_ _ __ _ _ " " ---·-··• • -- ._ --

5. Ch a nges in asodnliou

3A.... . ·---·-1

The perons who have become asoda1cs (2) of, ccnscd to be i1ssoi;i,ncs u( or have ch,1ngcd the nntun.: ol"!hcir n'.ic,od11iiou (9) with, the s11h. !m11i:II holdcr 1n relation to voting inercls in the c11mpany or sd1cnic He ns follows·

; ,;-;;;_;;iACNiARSN.(iepyhc,,blc) J! i s.,cl,

The addresses of pcrso11s named in this form arc HS followK:

Signature

print 1rnmc: f:ric !. Scho11

sign here

capaci1y: General Counsel

Scp!cmb0r 26, 2017