605 Cease to be a substantial shareholder Form 605 Corporations Act 2001 Section 671B Notice of Ceasing to be a Substantial Holder

To: Kathmandu Holdings Ltd
ACN/ARSN:

1. Details of substantial holder (s)

Name: FIL Limited and the entities listed in Annexure A ("FIL"),
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on 30 June 2015

The previous notice was given to the company on 29 June 2015

The previous notice was dated 29 June 2015

2. Changes in relevant interests

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:

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

AUD $

Common

Stock

Common

Stock

06/26/15

FIL

BUY

1.26

9,373

9,373

06/26/15

FIL

BUY

1.26

5,147

5,147

06/26/15

FIL

BUY

1.26

12,452

12,452

06/26/15

FIL

BUY

1.26

5,147

5,147

06/26/15

FIL

BUY

1.26

5,147

5,147

06/26/15

FIL

BUY

1.26

5,147

5,147

06/26/15

FIL

BUY

1.26

5,147

5,147

06/26/15

FIL

BUY

1.26

5,147

5,147

06/29/15

FIL

BUY

1.23

20,650

20,650

06/29/15

FIL

BUY

1.25

9,445

9,445

06/29/15

FIL

BUY

1.23

6,082

6,082

06/29/15

FIL

BUY

1.23

27,436

27,436

06/29/15

FIL

BUY

1.23

10,176

10,176

06/29/15

FIL

BUY

1.23

8,192

8,192

06/29/15

FIL

BUY

1.25

5,237

5,237

06/29/15

FIL

BUY

1.23

6,211

6,211

06/29/15

FIL

BUY

1.23

5,315

5,315

06/29/15

FIL

BUY

1.23

5,315

5,315

06/30/15

FIL

SELL

1.60

1,800,939

1,800,939

06/30/15

FIL

SELL

1.60

1,748,130

1,748,130

06/30/15

FIL

SELL

1.60

478,519

478,519

06/30/15

FIL

SELL

1.60

3,395,999

3,395,999

06/30/15

FIL

SELL

1.60

51,591

51,591

06/30/15

FIL

SELL

1.60

2,411,243

2,411,243

06/30/15

FIL

SELL

1.60

1,163,856

1,163,856

06/30/15

FIL

SELL

1.60

651,120

651,120

06/30/15

FIL

SELL

1.60

2,095,454

2,095,454

06/30/15

FIL

SELL

1.60

331,194

331,194

06/30/15

FIL

SELL

1.60

63,900

63,900

Total Buys

156,766

156,766

Total Sells

14,191,945

14,191,945

Net Sells

14,035,179

14,035,179

3. Resulting interest

Class of Securities (4)

Number of securities

Person's votes (5)

Voting power (6)

Common Stock

2,886,072

1.43%

1.43%

4. Changes in Association


The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable)
NA
Nature of association

5. Addresses


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

Refer to Annexure A

Sign Here _ _

Dated: 2 July 2015

Kelvin Lo

Head of Regulatory Reporting, Asia Pacific

Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A

Investment Manager

Address

Custodian

Nature of Relevent Interest

Sum of

Numerator

Shares

FIL INVESTMENT MANAGEMENT (AUSTRALIA) LIMITED

Level 11, 167 Macquarie Street, Sydney, NSW 2000

BROWN BROTHERS HARRIMAN AND CO

Investment Discretion/ Voting Power

10,492

CITIBANK LONDON

Investment Discretion/ Voting Power

236,681

CITIBANK LTD MELBOURNE (C)

Investment Discretion/ Voting Power

355,499

JP MORGAN, BOURNEMOUTH (C)

Investment Discretion/ Voting Power

1,560,193

NATIONAL ASTL BK MELBOURNE (S)

Investment Discretion/ Voting Power

493,483

FIL INVESTMENT MANAGEMENT (SINGAPORE) LIMITED

One Marina Boulevard #28-00, Singapore 018989

BROWN BROS HARRIMN LTD LUX (C)

Investment Discretion/ Voting Power

97,312

JP MORGAN, BOURNEMOUTH (C)

Investment Discretion/ Voting Power

132,412

Grand Total

2,886,072

distributed by