KMD
27/03/2014 16:38
SSH

REL: 1638 HRS Kathmandu Holdings Limited

SSH: KMD: SSH Notice - Milford Asset Management Limited

Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both
Section 23 and 24, Securities Markets Act 1988

Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 26th March 2014
To: The New Zealand Stock Exchange
And: Kathmandu Holdings Limited
Date this disclosure made: 27th March 2014
Date last disclosure made: 5th February 2014

Substantial security holder(s) giving disclosure
Name(s): Milford Asset Management Limited
Contact details:  Bryce Marsden, Chief Operating Officer, contact: (09) 921
4707
E-mail: bmarsden@milfordasset.com

Summary of substantial holding to which disclosure relates
Class of listed voting securities: Ordinary Share
Summary for: Milford Asset Management Limited
For this disclosure, --
(a) total number held in class: 13,131,057
(b) total in class:  200,473,338
(c) total percentage held in class: 6.55% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (2.01%), (Custodian - TEA Custodians),
Milford Dynamic Wholesale Fund (1.47%), (Custodian - TEA Custodians),
Mercer Trans-Tasman Shares Trust (0.43%), (Custodian - BNP Paribas Securities
Limited),
NZ Equities Wholesale Fund (0.98%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.12%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.09%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (0.41%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.04%), (Custodian - New Zealand
Superannuation Fund Nominees Limited).

For last disclosure, --
(a) total number held in class: 15,156,421
(b) total in class:  200,473,338
(c) total percentage held in class: 7.56% (note, relevant interests held by
the manager as follows):
Milford Active Growth Wholesale Fund (1.96%), (Custodian - TEA Custodians),
Milford Dynamic Wholesale Fund (1.27%), (Custodian - TEA Custodians),
Mercer Trans-Tasman Shares Trust (0.57%), (Custodian - BNP Paribas Securities
Limited),
NZ Equities Wholesale Fund (1.17%), (Custodian - TEA Custodians),
Trust Investments Sustainable NZ Share Fund (0.18%), (Custodian - TEA
Custodians),
Waikato Community Trust (0.12%), (Custodian - TEA Custodians),
Milford Income Wholesale Fund (0.34%), (Custodian - TEA Custodians),
New Zealand Superannuation Fund (1.95%), (Custodian - New Zealand
Superannuation Fund Nominees Limited).

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure under the
instructions to this form:  Milford Asset Management Limited undertook the
below on market transactions.
See attached.

Additional information
Nature of connection between substantial security holders: NA
Address(es) of substantial security holder(s): Milford Asset Management
Limited,  Level 17, 41 Shortland Street, Auckland 1140, New Zealand.
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Act in relation to the securities to which
this disclosure relates: NA

Declaration
I, Bryce Marsden declare that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly
authorised to make this disclosure by all persons for whom it is made.
End CA:00248808 For:KMD    Type:SSH        Time:2014-03-27 16:38:15


                        
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